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Meriden Industrial to be Repurposed into Mixed-Income Apartments

Trinity Financial, alongside federal, state and local leaders, broke ground on Tremont Flats, an adaptive reuse project that will transform the historic Aeolian Company complex at 85 Tremont St. in Meriden, CT into 82 mixed-income apartments. The $56-million development aims to address local and state housing needs while preserving an important piece of Meriden’s industrial history.

The Aeolian Company, known for manufacturing automated pianos and organs, operated at the 85 Tremont complex from 1887 until 1930. The nearly 140-year-old building is being repurposed into 71 affordable units and 11 market-rate apartments, made possible through the city’s Adaptive Reuse Overlay District to facilitate the redevelopment of underutilized industrial properties.

“The redevelopment of 85 Tremont will provide much-needed stability and opportunity for families in Meriden while preserving the rich history of this site,” said Dan Drazen, VP of development for Trinity Financial.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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