A deteriorating development site in downtown Norwalk will have to keep waiting for a new project to take its place after city officials tabled a developer’s plans Tuesday.
According to the Norwalk Hour, city officials want developer JHM Group to address residents’ concerns about the facade design of Wall Street Place addressed and want to try to find a way to preserve an arts and cultural center in the downtown area. The owner of the downtown Garden Cinema is seeking to sell the property to JHM.
JHM and Municipal Holdings are proposing a 165,339-square-foot, 101-unit complex making use of the currently-constructed building frame and a 2-story parking garage on a separate parcel with between 140 and 151 spaces, according to documents posted on the city website.
POKO Partners received approvals for the project on Wall Street in 2008 for a project including a large number of affordable units and supportive housing units for formerly homeless people, but work ground to a halt in 2016 amid issues with financing. Municipal Holdings acquired title to the project in 2017. Earlier this year, the city sued Municipal Holdings for “illegal use of the land” related to the seemingly-moribund project, and was subject to a countersuit over a decorated light control box.