July 28, 2026 BRING OFFERS Development Site: Build-Out 405,370 SF as of right Build Out with IZ, Inclusionary Zoning 506,712 SF with bonus floor area See May 2026 Notes Here, Updated May 26, 2026 below for the update on the current Inclusionary Zoning Valuation. A "Buy-In Opportunity" is available at 1/3 the property value. A "Cash Infusion Opportunity" is available at $1.5 million, to include preliminary entitlements, with an additional refundable 10% deposit based upon the 2026 Valuation. Value without Approvals $38. per SF acquisition rate per New Haven CBD comps Entitled Rate: $60. per SF acquisition rate per New Haven CBD comps As of Right Floor Area allowed: 405,370 sf With Inclusionary Zoning: 506,712.5 sf x $38. per foot = $19,255,075. Value as of May 2026 for the property without approvals With Preliminary or Full Entitlements the property with the maximum envelope is valued at $60. per sf: 506,712.5 sf x $60. = $30,402,750. Preliminary approvals are available with a contract to purchase and a nonrefundable deposit. Walgreens will stay in any new development with certain agreed upon conditions. The JV Partners' Value Proposition has been completed and updated as of May 2026. Buyers must contact the Listing Owner, Developer, K. Grace, Architect, 203-571-2171, for more information regarding conditions for development per recommended conditions and for Walgreens review. OM https://heyzine.com/flip-book/210a79f468.html