BROOKFIELD MEWS 468 FEDERAL ROAD BROOKFIELD, CT 06801 Presented by Hal Kurfehs 203-241-4346
[email protected] - EXECUTIVE SUMMARY 468 Federal Road in Brookfield, Connecticut, is a 10.1 acre property with full approvals for the construction of a 112-unit garden style community consisting of 38 One-Bedroom (33%) and 74 Two-Bedroom Units (66%). Under current approvals 30% of units would be deemed affordable. INVESTMENT HIGHLIGHTS » Large-scale, fully-approved residential development opportunity on Federal Road in Brookfield, Connecticut. » Brookfield Mews is the last development to be approved by the town prior to a four-year moratorium enforcing the 8-30g State Statute allowing developers to bypass local zoning laws if they build affordable housing. » Federal Road is renowned for its vast array of major retailers including Costco, The Home Depot, Stew Leonard's, Shop Rite, BJ's Whole sale Club, Bob's Discount Furniture, and scores of others. » Desirable location for employees of many major businesses, colleges, and organizations including Western Connecticut Health Networks, Boehringer-lngelheim, Western Connecticut State University and Praxair. » Sought-after suburban community for Danbury commuters located less than eight miles north of 1-84 and the Metro-North train station. » Excellent opportunity for savvy developers understanding an area in need of affordablehousing for employees who can not afford to live where they work. BROOKFIELD MEWS 12 - PROPERTY OVERVIEW P,1ltnN BROOKFIELD, CONNECTICUT Cl11copee Sll.nbr1dge The Town