August 27, 2025 - 22:21
A Toronto-based real estate investment firm has announced plans to convert the Residence Inn in Shelton into 96 residential apartments. The proposal, submitted to the city, aims to repurpose the existing hotel structure to meet the growing demand for housing in the area.
Bluevale Capital, the firm behind this initiative, believes that transforming the hotel into apartments will not only provide much-needed living space but also enhance the local community. The project is expected to contribute positively to Shelton's housing market by offering modern living options in a convenient location.
The application outlines the firm’s vision for the property, which includes a mix of one- and two-bedroom units designed to cater to a diverse range of residents. As urban areas face increasing housing shortages, this conversion represents a strategic move to utilize existing infrastructure while addressing the needs of the community.
The city will review the proposal, considering its potential impact on the neighborhood and local economy.
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