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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