Metro Green Residences Green Affordable Housing
Stamford, Connecticut

GOAL
To provide green affordable housing one block from a major transit station.

CHALLENGE
To put together a complex financing package.

OUTCOME
Connecticut’s foremost transit oriented, green affordable housing community.


Jonathan Rose Companies and Malkin Properties have joined together to develop Metro Green Residences, the second phase of a premier mixed-income, transit-oriented community that will provide much needed affordable housing to the City of Stamford and serve as a model for smart growth development in the state.

The seven-story block and plank new construction building includes a diverse mix of one, two, and three bedroom units. Forty of the units will be affordable serving households with incomes ranging from 25% to 60% of Area Median Income and ten units will be available at market rate.   

Metro Green Residences is located one block from the Metro North Stamford Railroad Station at the corner of Atlantic Street and Henry Street.  The building is the second phase of Metro Green Residential, recipient of LEED Neighborhood Development Gold certification that includes 238 mixed-income residences on a mixed-use, transit-oriented site.  The first phase, Metro Green Apartments, has been completed and is fully occupied.  The site’s future phases include a 17-story,  “best in class” LEED Platinum candidate office tower and a new public plaza and streetscape with custom street light fixtures, new sidewalks and curbside plantings, as well as a one-acre courtyard that will serve all the residential units on the master site.

Environmentally responsible features at Metro Green Residences include a rainwater harvesting system, high-performance building envelope, energy-efficient mechanical systems, as well as green building materials including recycled and low-VOC components. The 62,000 square foot building was designed by Perkins Eastman Architects to exceed the Enterprise Green Communities Guidelines and will be seeking LEED New Construction Gold certification.

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Visit The Property Website To Learn More
www.metrogreenresidences.com 


Firm Role
Developer

Project Profile
Development of 50 rental green affordable housing units on a mixeduse, transit oriented development (TOD) site

Project Team
Architect: Perkins Eastman Architects PC

Total Project Size / Budget
60,000 square feet / $26 million

Completion
2011