Plan amendment
Norwalk, CT
4/ 5
High impact
Bedrock impact score
Action type
Plan amendment
Asset class
Multifamily / Residential
Status
On municipal record
Filed
2026-08-19
Jurisdiction
Norwalk, CT
Days on record
10 days
01Investment highlights
Why this deal matters
- Plan amendment in Norwalk, CT · Multifamily / Residential
- Bedrock impact score 4 of 5 — High impact
- This text amendment would give CD-4 developers post-approval flexibility to pivot between multifamily, dormitory, and extended-stay hotel uses without a new entitlement
- A significant de-risking tool for adaptive-reuse and mixed residential projects in that zone.
- On the municipal record 10 days (filed 2026-08-19)
02Deal summary
The rationale
This text amendment would give CD-4 developers post-approval flexibility to pivot between multifamily, dormitory, and extended-stay hotel uses without a new entitlement — a significant de-risking tool for adaptive-reuse and mixed residential projects in that zone.
Applicant-initiated zoning text amendment to Article 4 of Norwalk's zoning regulations to allow CD-4 zoned properties with an approved site plan or special permit for dwelling units (dormitory, extended stay hotel, and/or multifamily) to freely convert between those dwelling unit types.
03Deal facts
The filing record
- Jurisdiction
- Norwalk, CT
- Action type
- Plan amendment
- Asset class
- Multifamily / Residential
- Applicant
- Wall Street Opportunity Fund LLC c/o Jason Milligan
- Status
- On municipal record
- Filed
- 2026-08-19
- Days on record
- 10 days
04Location
Where this sits
Norwalk, CT
41.09270, -73.41980 · approximate (jurisdiction center)
Street view
At street level
Area demographics
Fairfield County
944,306
Population
$97,539
Median HH income
345,070
Households
$1,320
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
20 Transit
19 Schools
20 Dining
4 Grocery
3 Banks
16 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-1910 days on record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
Similar properties