Prime 12.5-acre site on CT Rte 218 near Cigna HQ
Permits for 40 residential units- 2 buildings
Marketing description
DEVELOPERS TAKE NOTICE! Rare opportunity to acquire approximately 12.5 acres of undeveloped land on Cottage Grove Road (CT Route 218) in the Town of Bloomfield, Connecticut. The site consists of an irregularly shaped, heavily wooded lot located immediately adjacent to the multitenant medical office building at 580 Cottage Grove Road, known as Corporate Crossing. The site is zoned PLR (Planned Luxury Residential), and has all Local and State permits approved for 40 apartment units (The only permit pending is the Federal Corps expected to be in hand May 2025).
Bloomfield is a suburb located just west of the Connecticut River and Interstate 91 in the north central part of the State with a population of approximately 21,000. The town has a healthy economy with a robust mix of residential, commercial office, industrial and recreational space. 610 Cottage Grove is situated in the southern end of Bloomfield across from Gillette Ridge - a master planned community consisting of Gillette Ridge Golf Club (an award-winning golf course designed by Arnold Palmer), office space, residential housing, restaurants and retail on Route 218, a major medical office corridor and main east-west thoroughfare in Bloomfield.
Investment highlights
Rare in-town opportunity with water and sewer available.
Permits run through May 2031.
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