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“One of the keys (for Stamford and Norwalk) is the train stations,” says BLT Co-president Ted Ferrarone. “That just helps create the kinds of synergies that employers, employees and residents are all looking for right now.”
Clarion Partners acquired the property at 201 Commons Park South in 2014 for $99 million.
The new building at The Curb at North 7 consists of 232 residential units featuring wood-finish plank flooring, quartz countertops, walk-in closets, full-size washer and dryer, and private balconies.
“A lot of people have the impression that all the new development going on hasn’t created opportunities for below market rate units,” says BLT CEO Ted Ferrarone. “That is a misperception.”
The developer says the system is expected to generate 732,400 kilowatt-hours (kWh) of clean, renewable energy per year, enough to power 70 homes.
Junction at North Seven, which opened May 2 at 87 Glover Ave. in Norwalk, is being touted as a pop-up party space with an indoor beer garden and food hall.
The 235-unit Curb includes a sundeck with pool, coworking space, a dog park, a running/walking trail, a resident lounge and fitness center.
“Looking back 10 years later at the original master plan, which was pretty ambitious and speculative, it’s remarkable how much of it has been realized," says Building & Land Technology Chief Operating Officer Ted Ferrarone.
“There are really only a couple of Class A buildings in downtown Bridgeport," said Avison Young's Christopher Grundy. "But there’s a growing number of great features and activities in the area that make it very attractive.”
The 218 apartments are surrounded by a six-mile waterfront boardwalk, two restaurants, a marina and a full-service boatyard.
Over 200 residential rental units are under construction at Harbor Landing, a mixed-use waterfront development; its first occupants are scheduled to move in on June 15.
"Corporations want to be near transportation, which contributes to demand for apartment housing that their workforce wants to be in," said Building and Land Technology COO Ted Ferrarone.
Is a proposed Life Time exercise facility in the old Frontier Communications headquarters consistent with the city's "adaptive reuse" regulations or simply an attempt to build a "Chelsea Piers on steroids"?