STAMFORD, Conn. -- From the rooftop deck of a new 15-story high-rise apartment building, Gov. Dannel P. Malloy surveyed downtown Stamford and Long Island Sound in the distance on Wednesday.
He and other officials hope the new apartment building at 66 Summer St. will attract even more people to live in the city as the downtown grows and becomes more popular.
“We continue to see the kinds of housing developed in Stamford that will continues to attract the kind of workforce that allows us to compete for jobs, and the accompanying tax revenue that goes with jobs," Malloy said of the development in his hometown.
The 15-story high-rise has 209 apartment units, studios and one- and two-bedroom apartments. It features amenities including a resident lounge, community room, fitness center, rooftop deck and 6,800 square feet of retail space at street level. A five-story parking garage will be adjacent to the site to serve residents.
Trinity Financial, the project's developer, raised $66 million in financing from TD Bank, The Davis Cos., the City of Stamford and the Urban Redevelopment Commission, as well as additional private equity to complete the building.
Stamford Mayor David Martin praised the development and the urban redevelopment planning that went into it.
"(This is) a great new addition to the downtown, a great new addition to Stamford," Martin said.
“I can’t tell you how proud I am for the decisions that were made in place, all the way back to the 1960s,” he said. “As we come to nearly the end of urban redevelopment, here is but another example of the fine things we can do with this city.”
Maixuan Phan, senior project manager for Trinity, thanked the city, the project’s investors and the city's URC, which each played a role in developing the project.
“We wouldn’t be here today without the Stamford Urban Redevelopment Commission,” Phan said.
The apartment building will be a fantastic addition to the city's downtown, she said. It replaced a parking lot that had previously been on the site.
"We had a surface lot filled with parking spaces and cars, and now we have a beautiful first-rate luxury apartment building, a high-rise, that is being filled out with people and life," she said.
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