Press Releases

NORTHLAND INVESTMENT CORPORATION SELECTED AS PREFERRED DEVELOPER FOR NEW HAVEN COLISEUM SITE

09.12.2008, Newton, MA - Northland Investment Corporation is pleased to announce that the firm has been chosen as the preferred developer for the former New Haven Coliseum site. The site is a 4.5-acre surface parking lot located on the southern end of the Ninth Square neighborhood in downtown New Haven, Connecticut, bounded by North Frontage Road, State Street, George Street, and South Orange Street.

Northland's proposed project, called Tenth Square, will transform the former Coliseum site into an active, vibrant and urban downtown streetscape. Northland's proposal includes more than one million square feet of new development, including a new home for the Long Wharf Theatre, housing, commercial office space, streetfront retail and parking. The housing is proposed to be a combination of market and affordable units, as well as a mix of rental and home ownership.

“We are honored to be selected by the City of New Haven to develop a vibrant mixed use neighborhood on the former Coliseum site, and partner with Long Wharf Theater to create an exciting new City landmark. We appreciate the diligence and hard work of the Review Committee and the Mayor's office throughout the selection process,” said Lawrence R. Gottesdiener, Chairman of the Board of Northland Investment Corporation.

About Northland Investment Corporation
Founded in 1970, Northland Investment Corporation is a privately held, vertically integrated real estate company focused on the acquisition, development and operation of commercial real estate throughout the United States. Northland owns a $2.5 billion diversified portfolio of 22 million square feet in fourteen states, and has a development pipeline in excess of $1 billion. For more information on Northland Investment Corporation, visit www.northland.com.

For more information, contact:
Sara Scarborough Graham
617.630.7259
sgraham@northland.com

<<Back