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
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

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

WeWork’s side businesses are fizzling

Thor Equities' Joe Sitt and a closeup of 545 Madison Avenue (Credit: Google Maps)

Thor Equities loses 545 Madison Avenue

Daily Digest Thursday

Legislation introduced to protect tenants in ‘keyless’ buildings, Compass pushes back against WeWork comparison: Daily digest

Ben Carson on how Opportunity Zones are unlike red and black ants: TRD Miami Showcase & Forum

32BJ SEIU President Kyle Bragg (Credit: Facebook, iStock)

32BJ expects fight with real estate industry over contract renewal

South Florida developers riff on the shift from condos to rentals: TRD Miami Showcase & Forum

arrow_forward_ios