1155 Whalley Ave presents an opportunity to acquire a fully site plan approved multifamily development site in the suburban Westville/Amity corridor of New Haven. The property is currently approved for a 140-unit market-rate multifamily development, while also offering flexibility to pursue the site’s previously approved 124-unit senior housing concept, creating a rare opportunity to tailor the project toward conventional multifamily, active adult, or senior housing demand depending on market conditions and investment strategy. Strategically positioned along Whalley Avenue, the property benefits from direct connectivity to Downtown New Haven while maintaining a suburban neighborhood feel that is increasingly attractive to renters seeking accessibility without the density of the urban core. The site is located within close proximity to major economic anchors including Yale University, Yale New Haven Hospital, and the broader medical, biotech, and education employment corridor that continues to drive housing demand throughout the region. New Haven remains one of the Northeast’s premier “eds and meds” markets, supported by a highly educated workforce, stable institutional employment base, and continued investment into housing and infrastructure. Demand for quality housing continues to outpace supply in the market, particularly for newer product offering modern amenities with convenient access to Downtown New Haven, major highways, and regional transit.