City of New Haven AgendaPacket Joint Community Development/Tax Abatement Meeting 2026-06-23
Glendower Group Inc Selected for Eastview Terrace Redevelopment
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Description
The City of New Haven authorized a 39-year Cooperation Agreement with Glendower Group, Inc. for development, rehabilitation, and management of Eastview Terrace Phase 1, including a PILOT mechanism for tax abatement.
Contract Details
Vendor
GLENDOWER GROUP INC
Agency
City of New Haven, CT
Contract Type
CONSTRUCTION
Document Date
June 17, 2026
Contract Term
Thirty-nine (39) years from recording of the Cooperation Agreement
Renewal Date
2065-06-23
Renewal Info
Agreement and tax abatement provisions last 39 years; potential for extension or conversion to full tax after term completion.
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