330 Myrtle Avenue, Bridgeport, CT Prime 346 Unit Mixed-Use Development Opportunity

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330 Myrtle Ave Bridgeport Connecticut 06604

Building/Land Information
Property Type
Land
Property Subtype
Industrial
Zoning
Industrial
Lot Size Acres
2.34
330 Myrtle Avenue, Bridgeport, CT Prime 346 Unit Mixed-Use Development Opportunity
Sale Price Dollars
$9,000,000.00
Description
Located in the heart of the South End neighborhood in Bridgeport, CT, 330 Myrtle Avenue is proposed to be redeveloped into a pedestrian oriented mixed-use development consisting of a combination of commercial retail space, a balanced mix of apartment units, townhomes and various amenities, known as Century Gardens. Opportunity to redevelop the site in a manner which enhances and engages the surrounding community, including the University of Bridgeport. In addition to its proximity to the University of Bridgeport, 330 Myrtle Avenue is a short walk, bus or bike ride to Downtown Bridgeport and the inter modal transportation center as well as to nearby amenities like Webster Arena, Harbor Yard, and Seaside Park.


346 Dwelling Units | 75 Studios/ 216 1 Bedrooms/ 48 2 Bedrooms/ 7 Townhomes
13,000 SF of Street-Level Retail Space | Situated along Atlantic Avenue
221 Parking Spaces | Completely hidden from street view
Pedestrian Oriented Design | Extensively landscaped areas and gardens, leisurely designed pedestrian areas, bike racks, and fountains
Environmentally Friedly Design | Green wall along the east side of the building (Warren Street), solar panel array on the rooftop garden, with an abundance of various greenery and tree lines
1.3 million people live within 30-minute drive to downtown Bridgeport
$115,000 average household income
65,000 people work within a five-minute drive of the waterfront
41.25% of Adults 25+ have bachelor degree or better
Connections:
156,000 Vehicles pass this property daily via I-95
Connections to Rt 8, Rt 25 and Rt 15 (Merrit Parkway)
Central location to both Fairfield and New Haven counties
1.25 hours to Port Jefferson, Long Island by ferry
1.25 hours to NYC/Grand Central Station by direct rail
Walking distance to downtown arena, amphitheater and attractions

Location Description
Prime development opportunity located in the South End of Bridgeport, Connecticut. Located adjacent to the University of Bridgeport.
This market is the midst of redevelopment with international players like MGM Resorts International, and national developers like RCI already on the ground looking to build. This market will become a thriving mixed-use, urban-oriented waterfront development and new Long Island Sound destination.

ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The 77,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information visit us at mgmresorts.com.

ABOUT STEELPOINTE HARBOR
Seaview Bridgeport LLC is owned and operated by RCI which was founded in 1969 and is a leading developer of marina properties across the United States including Michigan, Indiana, Florida, Massachusetts and Connecticut. In all, RCI has developed and/or operates 9 marinas with over 1,285 marine slips. RCI has developed 9,760 apartment units and over 1.9 million sqft of retail, office and commercial buildings.

Located in the heart of the South End neighborhood in Bridgeport, CT, 330 Myrtle Avenue is proposed to be redeveloped into a pedestrian oriented mixed-use development consisting of a combination of commercial retail space, a balanced mix of apartment units, townhomes and various amenities, known as Century Gardens. Opportunity to redevelop the site in a manner which enhances and engages the surrounding community, including the University of Bridgeport. In addition to its proximity to the University of Bridgeport, 330 Myrtle Avenue is a short walk, bus or bike ride to Downtown Bridgeport and the inter modal transportation center as well as to nearby amenities like Webster Arena, Harbor Yard, and Seaside Park.
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  • Grounds

Sale Information

Sale Description
346 Dwelling Units | 75 Studios/ 216 1 Bedrooms/ 48 2 Bedrooms/ 7 Townhomes
13,000 SF of Street-Level Retail Space | Situated along Atlantic Avenue
221 Parking Spaces | Completely hidden from street view
Pedestrian Oriented Design | Extensively landscaped areas and gardens, leisurely designed pedestrian areas, bike racks, and fountains
Environmentally Friedly Design | Green wall along the east side of the building (Warren Street), solar panel array on the rooftop garden, with an abundance of various greenery and tree lines
1.3 million people live within 30-minute drive to downtown Bridgeport
$115,000 average household income
65,000 people work within a five-minute drive of the waterfront
41.25% of Adults 25+ have bachelor degree or better
Connections:
156,000 Vehicles pass this property daily via I-95
Connections to Rt 8, Rt 25 and Rt 15 (Merrit Parkway)
Property Use
Development

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