Trinity Financial, in collaboration with federal, state and local leaders, has commenced construction on Tremont Flats. This project will transform the historic Aeolian Company complex at 85 Tremont St. in Meriden, CT into 82 mixed-income apartments. With a budget of $56 million, this development aims to address both local and state housing needs while also preserving an important part of Meriden’s industrial past.
The Aeolian Company was renowned for its production of automated pianos and organs and occupied the 85 Tremont complex from 1887 until 1930. The building itself is almost a century old and will now be repurposed into a combination of affordable (71 units) and market-rate (11 units) apartments thanks to the city’s Adaptive Reuse Overlay District which encourages redevelopment projects for underutilized industrial properties.
According to Dan Drazen, Vice President of Development at Trinity Financial: “The transformation of 85 Tremont not only provides much-needed stability for families in Meriden but also honors the site’s rich history.”
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