Stamford Advocate: After months of speculation, developer Building and Land Technology has announced the $12.75 million purchase of a 5.4-acre waterfront property on the West Branch of Stamford Harbor [CT] that it plans to develop into a “state-of-the-art boatyard,” according to a news release issued Thursday [April 17].
Located at 28 Southfield Ave., in Waterside, the project would seek to replace a South End boatyard that BLT razed at the end of 2011 and potentially revive a plan to bring Bridgewater Associates to Stamford. The Westport-based hedge fund has expressed interest in having BLT redevelop the 14-acre site into a $750 million, 850,000-square-foot office headquarters. But in recent months, there have been indications the company’s interest in the site may have cooled amid strong opposition from boaters and city officials, who objected to the removal of the boatyard.
Read more about the purchase of waterfront land to build a new boatyard in Stamford Harbor.