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Developer Proposes $30 Million Apartment Complex

The possible plans for a $30 million, 248-unit apartment complex in Shelton were discussed at PZC's monthly meeting. If approved, it would become the city's third rental housing construction project.

A real estate development company has presented a concept plan for the construction of a $30 million, 248-unit residential apartment complex on a parcel of land located off Bridgeport Avenue, tucked behind and .

Attorney Dominick Thomas represented the developers, Talbot Partners LLC, at the Planning & Zoning Commission's June meeting last week. The 13-acre property they're eyeing is currently owned by the Francini family and has reportedly been marketed for a number of years to no fruition.

"There is no ability for this space to be used for retail because there is no visibility," Thomas said, adding that there is an "excellent market" for the type of "upscale" apartments proposed.

The complex would consist of 11 buildings in four clusters. Parking ratio would be two spaces for each unit. Plans also include a clubhouse with a fitness gym, tennis courts, a pool and a community gathering center. The monthly rental price for the studio, one or two bedroom units would be between $1,500 and $2,500.

Talbot Partners estimate a two year construction period that can start next Spring if PZC approves their application and OKs the project. Construction would provide employment for 300 people, and about 40 permanent jobs in office administration and land maintenance would be created once the buildings are finished.

Shelton has had success with similar projects such as the Avalon Bay building, which is currently 100 percent rented, and a predicted that there will be a strong rental market for a generation to come.

Thomas said the Bridgeport Avenue project would have minimal impact on both services and schools. He presented the Commission with information on "The School Cost Myth," which shows that schoolchildren do not traditionally come from apartment buildings.

Additionally, this type of development would generate the same amount of taxes as a Class A office building, but without the increased traffic.

As for actual construction, the site would have to be leveled and it is anticipated that retaining walls would need to be erected. Storm water would be managed on-site through methods such as above-ground ponds. The apartment buildings would have a "cultured stone look" at the base and HardiPlank, a light pine board, for the rest.

There would be a main shared entrance with Planet Fitness and emergency exits that would be gated to prevent public use. The entrance would have a boulevard look similar to that of .

Thus far, no formal applications have been submitted. The discussion at PZC's meeting was merely informal. However, commissioners seemed enthusiastic and Talbot LLC agreed to move forward with topography and geotechnical surveys that will provide more details on the project.

Barbara Vojtek June 19, 2012 at 01:23 PM
Just what Bridgeport Avenue needs, more traffic....... don't think so.
Richard June 19, 2012 at 02:02 PM
Two hundred and forty eight apartments on 13 acres, how will this not affect traffic on Bridgeport ave? The assumption that apartments will not have any children has no basis in reality. To make this happen will require retaining walls and above ground drainage. I can think of a few other options for the use of this property. This is no time to be building apartments during an economical depression in the housing market. Everywhere I look I see homes for sale. Why do we need more apartments that will only depress the sale of the homes currently on the market? Maybe it is only a coincidence, but half of the P&Z members are, or were, in the construction and real estate business. This is BS...................
Susan June 19, 2012 at 04:30 PM
I would be interested to know what other options Richard is referring to. Also, traffic on Bridgeport Avenue is nowhere near as bad as traffic in downtown on Howe Avenue.
Terry June 19, 2012 at 06:43 PM
When I moved here from automobile-choked Long Island in 2003, I reveled in the lack of traffic on Bridgeport Avenue. Unfortunately, that's no longer the case. Let's just keep building, though, until the town no longer bears any resemblance to what attracted us here.
Richard June 23, 2012 at 09:50 PM
All roads are connected. Adding more traffic to Bridgeport ave. will add more traffic to downtown Howe ave. As for other uses, how about leaving it as is? We should save some development for our grandchildren. How are homes, currently on the market, going to be sold if you add 248 apartments on 13 acres of land? What about the added burden on the school system? There is no guarantee that children will not be moving into those proposed apartments.
Terry June 24, 2012 at 01:35 PM
It's time to stop building and appreciate the natural beauty that surrounds us. Otherwise, we'll have to fly or drive somewhere else to find it.
Richard June 24, 2012 at 09:04 PM
Well said Terry, Open space is more than building paths along reservoirs with signs that say "Do Not Step on The Grass." The 13 acres will still be there for future use. Derby and Ansonia no longer have a single building lot. Those towns mill rates are more than double what Shelton's is. Shelton is very unique; one may excess the Housatonic River and go to Port Jeff by private boat. We still have farm land in town. The Bridgeport avenue corridor should be developed with a balance for consideration to traffic and the needs of the resident's. What is the hurry? Now is not the time to be building with so many houses and businesses for sale.

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