Renaissance Place will be a $707 million green, mixed-use, transit oriented development encompassing 60 acres along the Naugatuck River in historic Naugatuck, Connecticut.
Plan Facts
This live/work/play project is the first of its kind being designed to operate independent of national and regional power grids. Renaissance Place plans to generate electricity from renewable sources sufficient to offset its electrical load demand. Any excess electrical load will be available to the power grid to help offset regional peak performance generation.
Renaissance Place:
- 1,800 residential units
- 500,000 square feet of retail space
- 5,000 structured parking spaces
- 500 hotel rooms
- 170,000 square feet of technology space
- 76,000 square feet of office space
- Transit oriented development, established station on Metro-North Railroad
Economic Impact:
- 7,634 new construction and support jobs with related payroll of $481,685,000.
- 3,323 new permanent jobs with annual payroll of $120,594,000.
- Total tax revenue to the borough from Phase 1 of $4,409,903.
Public/Private Partners:
- Renaissance Place is a true public/private partnership between the Borough
of Naugatuck, the Naugatuck Economic Development Corporation and Renaissance
Place LLC of Fairfield, Connecticut. Alex Conroy, Renaissance Place LLC
Principal, has been involved in the development of more than 19,500,000
square feet of space; including Providence Place in Rhode Island and
MacArthur Center in Norfolk, Virginia.



