More mixed-use development is underway in Bridgeport”™s Downtown North, creating additional retail and living space for residents.
City officials announced the Security Building and two adjacent structures on Main Street will be converted into 66 artist lofts and ground-level retail/commercial space. Norwalk-based Spinnaker Real Estate Partners LLC will redevelop the three early 20th-century structures.
Construction work has started at the vacant, approximately 88,000-square-foot Security Building at 1115 Main St. The second structure, 1103 Main St., is approximately 8,600 square feet and is used for office and retail space. The third property, an approximately 16,600-square-foot building, is vacant.
Mayor Bill Finch said the redevelopment, along with other major projects in Downtown North, will create more than 150 new apartments as well as retail and commercial space. The old Mechanics & Farmers building has been redone, and the Jayson building at 179 Middle St. and the Newfield building at 1184 Main St. are being combined into one structure, the Jayson-Newfield Building. It will house 104 apartments and 8,000 square feet of ground-floor retail space.
“These projects are creating jobs and quality housing and expanding our tax base,” Finch said in a statement.
City officials said the projects could appeal to millennials living in the city. Downtown Bridgeport has the second-highest concentration of residents in their 20s in Fairfield County, with 19.5 percent, Finch said.