Dormant Enfield corporate office campus set for nearly 500-unit residential redevelopment

A former corporate office campus on Enfield’s northern edge is poised for a roughly $150 million transformation into nearly 500 apartments and townhomes. Branford-based MB Financial paid $3.99 million in May 2025 for the vacant, 65.5-acre former MassMutual campus at 100 Bright Meadow Blvd. The real estate development firm has since secured town approval for a master plan that would turn the property into a large residential community with retail and other commercial amenities. The approved plan calls for converting an existing four-story, 475,551-square-foot office building into 178 apartments, constructing a five-story building with 129 apartments and developing 157 for-sale townhomes. MB Financial President and CEO Michael Massimino is now seeking permission to increase the townhouse count to 180, which would bring the development’s total number of housing units to 487. The additional units would allow MB to build smaller, more affordable townhomes, Massimino said. The units are expected to range from about 1,500 to 2,400 square feet, with most featuring three bedrooms and two-and-a-half bathrooms. Prices are currently estimated to range from about $499,000 to more than $600,000. Phased buildout The redevelopment is expected to unfold in phases over roughly five years, giving the market time to absorb the new housing, Massimino said. He hopes to begin large-scale site work later this year, followed by construction of the first 62 townhomes and the office-to-apartment conversion in early 2027. The office conversion is expected to take about 18 months. Townhouse construction could stretch over two to three years, depending largely on buyer demand and the pace of sales, Massimino said. Financing for the first phase is already in place through national private lender Ascent Developer Solutions. MB has not yet launched a formal marketing campaign for the townhomes, but Massimino said he has spent significant time speaking with brokers and gauging potential demand. “We are fairly confident this product will be readily received,” he said. Plans also call for reusing an existing parking garage and refurbishing and reopening a day-care building. About 12,000 square feet on the former office building’s ground floor will be converted into restaurant or other commercial space. Planned amenities include swimming pools and clubhouses serving the apartment and townhouse portions of the development, as well as a dog park, pickleball courts and walking trails. Although the apartments and townhomes will have some separate amenities, Massimino said their design, proximity and shared access to retail and restaurant uses are intended to help tie the community together. “I think we will see families with members in both products,” Massimino said. “You may see parents living in townhomes and their kids living in the rental community.” Growing pipeline The Enfield project is among several large redevelopments MB Financial is advancing in Connecticut. The company is finalizing construction drawings for a planned $35 million conversion of the former WWE headquarters in Stamford into 84 luxury apartments. MB expects to close on construction financing within two months and break ground by the end of this year, Massimino said. Construction is expected to take 18 months. MB is also revising its plans for the former Unilever cosmetics campus in Clinton. The company has dropped a previously contemplated indoor sports facility and is now designing a larger mixed-use development with approximately 350 to 400 apartments, Massimino said.