$13M apartment complex hopes to revitalize downtown Danbury

Danbury is getting a new $13 million apartment complex, the News-Times reported. Developer Dan Bertram of the Danbury-based BRT Companies plans to build the 150-unit building at 333 Main Street, where the former News-Times building stood before it was demolished, according to the outlet. Danbury Planning Director Sharon Calitro told the newspaper that the city hopes the development, which was first pitched in 2017, will help revitalize its downtown area, noting the “national surge toward moving downtown for everyone from millennials to empty-nesters.” Calitro cited a Danbury study that “found there is a market for it, and our hope is the people who occupy the market-rate housing will spend their disposable income downtown,” she said. Rents will likely range from $1,400 for a one-bedroom apartment to $2,600 for a two-bedroom unit. [News-Times]