A Fairfield developer has purchased a 42.1-acre vacant piece of land in Milford for $1.5 million from AvalonBay Communities Inc., with plans to build a 160-unit housing complex on the site. Brad Kligerman, CEO of Fairfield-based multifamily developer Connecticut Realty Trust, confirmed that he is buying the parcel, at Wolf Harbor and Wheelers Farm roads, […]
A Fairfield developer has purchased a 42.1-acre vacant piece of land in Milford for $1.5 million from AvalonBay Communities Inc., with plans to build a 160-unit housing complex on the site.
Brad Kligerman, CEO of Fairfield-based multifamily developer Connecticut Realty Trust, confirmed that he is buying the parcel, at Wolf Harbor and Wheelers Farm roads, from the Arlington, Virginia-based housing giant.
"I'm looking to be collaborative with the town and find a way to get this project off the ground," he told the Hartford Business Journal.
AvalonBay bought the parcel for $3.78 million in 2004, according to property records. It was appraised at $5.62 million and assessed at $3.93 million in 2024.
AvalonBay in 2000 proposed building 370 apartments on the property. Ultimately, the town’s Inland Wetlands Commission in 2015 granted a permit to build only 160 units.
In 2004, the developer won two lawsuits against the city over its proposal to build 284 units on the property, but a fight over needing sewers led to a 2005 court settlement with the city that allowed 160 age-restricted homes on the site, the New Haven Register reported.
Kligerman said he would like to talk to the town about collaborating on the project.
"That could be through a number of ways, and one of those ways is helping with the sewer."
Connecticut Realty Trust is building 58 upscale duplexes in a rental community off Bramble Bush Circle in East Granby.
