Stamford’s downtown revitalization sparks “Williamsburg” comparisons

TRD New York /
Dec.December 10, 2012 09:30 AM

The “next Williamsburg,” is a frequently invoked concept, but never has it seemed more surprising than in the Wall Street Journal’s latest application: Stamford, Conn. The Fairfield County city is latest nightlife hotspot, with rising residential developments to compliment the influx of restaurants and bars of late, the Journal reported.

“It’s certainly been one of the national success stories for downtown revitalization,” Christopher Jones, vice president of research at the Regional Plan Association for Stamford, told the Journal. Stamford-based businesses, like the Swiss bank UBS, have helped build that momentum, and 1,600 residential new units have been built since 2010, the Journal said.

And while other cities along train lines that connect with New York City have worked to grow their downtowns into destinations in recent years, Stamford has been one of the more successful examples, the Journal said, citing the recent arrival of a Fairway Market in 2010 and a 400,000-square-foot Chelsea Piers athletic complex, which opened in July.

“When I started, it was truly lights out at 5 o’ clock,” Jay Hruska, an executive vice president at the Cushman & Wakefield’s Stamford office, told the Journal. “No question, it’s [now] a more vibrant place.” [WSJ] –Guelda Voien


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
(Getty, iStock)

Cash-strapped borrowers are increasingly giving keys back to lenders

Cash-strapped borrowers are increasingly giving keys back to lenders
Charles Kushner and 229 West 43rd Street (Getty, Google Maps)

Appraisal cuts Kushner Companies’ Times Square retail value 80%

Appraisal cuts Kushner Companies’ Times Square retail value 80%
(Getty)

Manhattan rents fall below $3,000 for first time since 2011

Manhattan rents fall below $3,000 for first time since 2011
SL Green CEO Marc Holliday with 410 Tenth Avenue, One Vanderbilt and 126 Nassau Street (SL Green, Google Maps, Wikimedia, iStock)

SL Green’s lament: Office comeback “always right around the corner”

SL Green’s lament: Office comeback “always right around the corner”
Howard Hughes’ Saul Scherl and a rendering of 250 Water Street (Getty, The Howard Hughes Corporation/SOM)

Howard Hughes to launch review process for $1.4B Seaport tower

Howard Hughes to launch review process for $1.4B Seaport tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...