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2025 Power 25 Real Estate: Clayton Fowler

Clayton Fowler is the CEO of South Norwalk-based Spinnaker Real Estate Partners, a major player in key development projects in lower Fairfield County, Hartford and New Haven.

Spinnaker, which manages mixed-use, commercial and multifamily properties throughout the U.S., has completed more than $1.5 billion in acquisition and development projects since the 1950s.

In Norwalk, Spinnaker is nearing completion of Mill Pond, a 77-unit, three-story mixed-use development at 1 Cemetery St. The ground-up project, which is near the East Norwalk Metro-North train station, features a public access plaza overlooking Mill Pond.

The developer is working on numerous other multifamily housing developments statewide, including The Anthem Square at 10, a mixed-use development on the site of the former New Haven Coliseum that, when fully built out, will include 500 apartments, and office, retail and lab space.

The firm is also working on 20 Fair St., a six-story apartment building in New Haven that will have retail space and amenities on the first floor and 168 apartments on the other five floors.

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In Hartford, Spinnaker is redeveloping the former Connecticut General Life Insurance Co. headquarters, at 55 Elm St., into 55 Elm Club, a 164-unit apartment building with 20,000 square feet of commercial space.

Throughout a career spanning nearly 40 years, Fowler has led Spinnaker in building more than 7,500 housing units nationally with concentrations in the northern suburbs of New York City and Portland, Oregon.

Spinnaker’s portfolio includes more than 4 million square feet of office, industrial, hotel and adaptive reuse projects.

A Princeton alum, Fowler has been active in the community, including with the Norwalk Chamber of Commerce, Maritime Aquarium, Fairfield County’s Community Foundation and Stamford Boys & Girls Club.