Northeast Private Client Group is pleased to present the West River Approved Development, a potential 194-unit apartment complex in New Haven, Connecticut. The site consists of nine parcels of land.
The West River Apartments Development has been approved for 194 units, with the current design offering a mix of seventy-two (72) studio units, eighty-eight (88) one-bedroom units, twenty-six (26) two-bedroom units, and eight (8) three-bedroom units. The approved development features plenty of amenities, including elevators, a full fitness center, an interior courtyard, an outdoor amenity deck, bicycle parking, and more. A new owner can modify the unit mix and amenities without needing new approvals.
The downtown New Haven market has seen strong rent growth in recent years, and this growth is projected to continue through 2025. Located just 0.7 Miles from Yale New Haven Hospital and the Yale School of Medicine, the property is ideal for Yale graduate students, hospital employees, and professionals working downtown or commuting nearby. It is also an excellent option as an affordable housing development. All residents will benefit from the property’s proximity to the dining establishments, and entertainment amenities that the city has to offer.