The town hall in Stamford, Conn. is leaping into the 21st century, the New York Times reported.
The landmarked Beaux-Arts building — at the junction of Atlantic, Bank and Main streets — has been repurposed as a technology hub where companies can rent affordable commercial space and interact with investors. The building, which had sat empty for 25 years, will be called the Stamford Innovation Center and will open by the summer, the Times said.
Sikorsky Aircraft, a helicopter company, is providing some of the funding, in conjunction with the Connecticut Department of Economic and Community Development.
The venture seeks to mine local talent, as many venture capitalists live in the area. Aspiring companies and investors “will be meeting each other, interacting, and that’s how these companies could very well get funded,” said Patty Meagher, one of the project’s founders. [NYT]