The proposed change would cut the project’s affordable units from 15 to about eight, aligning it with Rocky Hill’s 10% requirement.
A developer behind a 75-unit office-to-residential conversion in Rocky Hill is seeking permission to cut the project's affordable housing commitment in half.
South Meadows No. 2 LLC, which is one of the property's owners and is controlled by Staypoint Properties founder Joseph Sullo, is asking the town's Planning and Zoning Commission to reduce the affordable housing requirement from 20% to 10% for property at 1344, 1360 and L005 Silas Deane Highway.
The commission approved plans in July 2025 to convert an existing five-story office building at the site into 75 apartments, including 52 one-bedroom and 23 two-bedroom units. The project also includes 12 electric-vehicle charging spaces and a drive-up ATM.
As a condition of that approval, 20% of the apartments — 15 units — were required to be designated as affordable, as defined by state statute. The applicant was also required to submit an affordable housing plan and documentation establishing deed restrictions on those units.
According to the Planning and Zoning Commission agenda for an Aug. 19 meeting, the proposed reduction would bring the project in line with the town's 10% affordable housing requirement. The agenda does not state why the developer is seeking the change.
A Staypoint-led investment group acquired the 83,392-square-foot office property for $4 million in December 2024, with plans to expand a residential conversion previously approved for the site. At the time of the purchase, Sullo said the group planned to create as many as 75 apartments and estimated the redevelopment would cost about $12 million.
