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Summit Development shows off progress at former Matrix Corporate Center

Now known as The Summit at Danbury, the complex at 39 Old Ridgebury Road will ultimately consist of 700,000 square feet of Class A office space; 75,000 square feet of conference and event space; 30,000 square feet of core services and amenities; and, it is hoped, 400,000 square feet of residential apartments.

Summit Development’s Felix Charney: ‘We’re as busy as we’ve ever been’

In addition to the big splash it made last October with the $17 million acquisition of Danbury's Matrix Corporate Center, the Southport developer is working on several other high-profile projects.

Long-vacant IGA property in Fairfield to become The Goddard School

For more than 50 years the newest Goddard School location was home to the Stratfield IGA Market.

Summit Development buys Danbury’s Matrix Corporate Center for $17M

Summit plans to repurpose the building by subdividing it into 700,000 square feet of Class A office space; 400,000 square feet of residential apartments; 100,000 square feet of conference and event space; and 100,000 square feet of core services and amenities.

Historic cupola building at Chappaqua Crossing opens apartments to residents

A $21 million project from Wilder Balter Partners brings 64 mixed-income apartments to the iconic building that once served as the Reader's Digest global headquarters.

Court rules in favor of Charney’s $40M Westport development, but challenges...

"The real question boils down to whether Westport wants to be an inclusive or an exclusive community,” said Summit Development Founder, CEO, President and Principal Felix Charney.

Danbury’s Lee Farm office building sells for $31.75 million

Tenants include Wells Fargo, Navigator Management, IMS Health, Lenovo and Sigmund Software.

Chappaqua Crossing readies apartments as retail begins construction

Major activity on the site will end in a mixed-use campus with office and retail space and two separate residential portions.

Iconic Reader’s Digest headquarters will house apartment dwellers

  Standing in what’s left of the corner office where DeWitt and Lila Wallace, the co-founders of Reader’s Digest, built a media empire starting in...

Southport developer repurposes commercial property in strong market

Summit Development's latest projects include a three-building commercial property in Danbury and the Chappaqua Crossing development in Westchester.

Danbury’s nearly full Lee Farm office space up for sale

The Class A, approximately 215,000-square-foot office building has just 9,700 square feet remains available.