Retrofit Atlas

Office parks · Connecticut

101 and 102 Merritt 7

Imported, unreviewedReinhabitedRetrofit proposedNorwalk, CT

Proposed 286-unit housing conversion of 511k sq ft Norwalk office park, part of cluster with 4 other CT conversions. · summary, model-written

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Site profile4 elements · what this retrofit is built with · tap a chip for the evidence

Finance and pipeline
Retrofit in the pipelineThis site: …proposed record · all sites with this
Place
3+ other atlas sites within 10 kmThis site: 5 within 10 km computed · all sites with this
Strategy
ReinhabitedThis site: M7 Lofts will total 286 apartment units. record · all sites with this
New use
HousingThis site: M7 Lofts will total 286 apartment units. newtypes-extraction · all sites with this

All elements and lists · Trends

Now

StatusRetrofit proposedWikipedia no source
StrategyReinhabitation, proposedWikipedia no source
New useshousingWikipedia no source
What is there nowM7 Lofts will total 286 apartment units.newtypes-extraction reported
RedeveloperSaber-Hightower LLC and Granoff Real Estatenewtypes-extraction reported

Deals and debt

DateEventPricePartiesSource
Loan$75.5M closedSaber-Hightower LLC and Granoff Real Estate ← Bank OZKREBusiness Online
Sold—Saber-Hightower LLC and Granoff Real Estate ← Merritt 7 Venture LLCREBusiness Online

Site context

Housing permits, Western Connecticut Planning R (CT), 2024663 units in 5+ unit buildings, 42 in 2–4, 389 single-family; 2023: 937 in 5+Census BPS
Other atlas sites nearby5 within 10 km, 14 within 25 km: 101-201 Merritt 7 (0.0 km); 101 and 201 Merritt 7 (0.0 km); Riverview Plaza (0.7 km); Former Bed Bath & Beyond (2.2 km); 200 Connecticut Ave. (2.6 km)computed
Retail trade in the county, 2025 (BLS QCEW)34,022 jobs in 2,544 establishments; average annual pay $54,341; employment location quotient 1.19; employment +1.3% on the yearBLS QCEW 2025, NAICS 44-45, private
Upward mobility (Opportunity Atlas, 2010 tract)children of low-income (25th percentile) families reached the 55th income percentile as adults; 0.5% incarcerated at the 2010 count (126 children in the sample); born 1978–83, measured 2014–15Opportunity Insights
Food access (USDA FARA 2019, 2010 tract)not a low-access tract at 1 mile; poverty rate 7.0%; median family income $117,109; 43 SNAP householdsUSDA ERS
SchoolsNorwalk School District (PK-12); 6 public schools within 1 mile: Jefferson Marine Science Elementary School; Naramake Elementary School; Nathan Hale Middle School; Norwalk High SchoolNCES EDGE
Elevation45 ft above sea level at the site pointUSGS 3DEP
Homes for sale in ZIP 06851, 2026-09median list price $707,500 (-1.1% on the year); 36 active listings; median 36 days on market; 6% with a price cutRealtor.com Research
Retail trade in the county, 2012 to 20232,352 establishments; 33,787 jobsCensus CBP
Traffic on the busiest road within 600 m (2024)21,000 vehicles a day on EAST AV NO 1 (principal arterial, 4 lanes); 626 trucks; 38 counted segmentsFHWA HPMS

Summary, model-written

Proposed conversion of 511,000 sq ft office park to 286 housing units (M7 Lofts).

Why. Developer Saber-Hightower LLC/Granoff Real Estate acquired site via $75.5M loan (Bank OZK) and $20M sale (Merritt 7 Venture LLC).

Where it stands. Status: proposed. First units scheduled for late 2027. Within 10km cluster of 4 other proposed conversions in Norwalk (including two identical-named projects).

For a planner

  • 511,000 sq ft GLA (largest in cluster)
  • No current tenant data
  • Peer projects: 6 similar 'reinhabit' conversions in CT within 25km (all proposed/approved)

For a developer

  • 286 units planned (vs. 1,094 units in county permits for 2024)
  • No construction timeline beyond 2027 completion
  • No cost breakdown beyond loan/sale figures

What we do not know yet

  • No approval status confirmed
  • No market rent data for new housing
  • No existing occupancy metrics

Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

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Multifamily screen

  • already in play: under construction, approved, or sold to a developer with housing plans
  • 511,000 sq ft GLA (large site)
  • median rent $2,060
  • housing in the record

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Gross leasable area511,000 sq ftnewtypes-extraction
CountyWestern Connecticut Planning Region
Census division1 · New England
NotesDraft from rebusinessonline.com, model-extracted, unreviewed: Two vacant office buildings in Norwalk's Merritt 7 office park are proposed for conversion into 286 apartment units as M7 Lofts.

Not yet recorded: acres, year opened, original developer, retrofit year. Know it? Tell us.

Timeline

  1. 2027 Completion of the first units is scheduled for late 2027.

Sources

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