This is a family-owned 24-acre industrial property which has central gas, city sewers, and city water making a premier piece for development. The location is superb, great access and egress, within minutes to major highways (Rt 84, Rt. 8). There are some wetlands which were originally flagged and "approved" but the permit expired wetlands need to be reflagged and submitted. I personally met with the city planner, and he felt the wetlands should be no problem since it was previously approved and nothing to affect the subject has changed over the years. Our family extended the permit once already, but it expired. Industrial Development Opportunity – 24 Acres in Waterbury, CT
Positioned in the heart of Connecticut’s evolving industrial corridor, this exceptional 24-acre parcel offers a rare opportunity to develop a modern industrial condominium business park in one of the state’s most strategically located cities.
Why Waterbury?
Waterbury is experiencing a resurgence as a logistics and manufacturing hub, driven by its central location, infrastructure, and pro-business momentum. The city provides immediate access to major highways including I-84 and Route 8, connecting businesses to New York, Boston, and the broader Northeast market.
A key catalyst for this renewed growth is the recent high-profile investment by Amazon, which has chosen Waterbury for a major logistics facility. This development underscores the city’s growing appeal to national and global companies seeking efficient distribution and workforce accessibility.
Property Highlights
±24 acres of industrially zoned land
Ideal for industrial condo units, flex space, warehousing, or light manufacturing
Strong potential for phased development
Excellent regional connectivity for logistics and distribution
Located within a market seeing increased demand and limited supply of modern industrial space
Investment Potential
With industrial vacancy rates tightening across Connecticut, this site presents a compelling opportunity to deliver scalable, high-demand industrial condo units tailored to small and mid-sized businesses. Waterbury’s affordability relative to surrounding markets, combined with increasing institutional interest, positions this project for long-term value creation.