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Bridgeport’s Steelpointe Development Lands Hotel

Bridgeport’s Steelpointe Development Lands Hotel

by James Sanna | Jun 14, 2024 | Commercial & Industrial, CR Daily, Industry News

With construction underway on a luxury apartment complex, the developers behind Bridgeport’s Steelpointe Harbor have struck a deal with a hotel operator to add lodgings to the property.

Bridgeport Warehouse Sells for $1.6M

Bridgeport Warehouse Sells for $1.6M

by The Commercial Record | Apr 9, 2024 | Commercial & Industrial, CR Daily, Industry News

A warehouse near the Bridgeport-Fairfield line has traded hands for $1.6 million.

State Makes ‘Progress’ in Rewriting Contamination Rules that Stymie Development

State Makes ‘Progress’ in Rewriting Contamination Rules that Stymie Development

by James Sanna | Mar 4, 2024 | Commercial & Industrial, CR Daily, Industry News

A much-hated state law that’s helped hobble reuse of industrial properties in cities across Connecticut is headed for significant changes.

137-Unit, Mixed-Use Rehab Planned for Bridgeport Ex-AT&T Block

137-Unit, Mixed-Use Rehab Planned for Bridgeport Ex-AT&T Block

by The Commercial Record | Feb 23, 2024 | CR Daily, Industry News

A long-underutilized block in downtown Bridgeport is getting a new life with a housing-heavy, mixed-use redevelopment plan.

Bridgeport Luxury Apartments Break Ground

Bridgeport Luxury Apartments Break Ground

by James Sanna | Jan 17, 2024 | Commercial & Industrial, CR Daily, Industry News

A big luxury apartment complex in Bridgeport’s Steelpointe Harbor redevelopment officially broke ground amid snow piles Tuesday, with elected officials praising the project as “transformative.”

Bridgeport Industrial Building Fetches $1.8M

Bridgeport Industrial Building Fetches $1.8M

by James Sanna | Dec 22, 2023 | Commercial & Industrial, CR Daily, Industry News

An industrial building in Bridgeport has changed hands for $1.85 million according to a deed filed with the town clerk’s office.

Mass. Firm Plans Bridgeport Battery Factory

Mass. Firm Plans Bridgeport Battery Factory

by James Sanna | Dec 5, 2023 | Banking & Lending, CR Daily, Industry News

Massachusetts-based Nanoramic Laboratories plans to build an electric car battery factory in Bridgeport that will employ around 200 people, but it’s unclear just where the new development will rise from the ground.

CEO of Hartford Land Bank Wins Mayor’s Office

CEO of Hartford Land Bank Wins Mayor’s Office

by James Sanna | Nov 8, 2023 | Commercial & Industrial, CR Daily, Industry News

Hartford’s new mayor will be Arunan Arulampalam, the 38-year-old CEO of the city’s Land Bank nonprofit.

$22M Awarded to Clean Up Power Plant Near Waterfront Development Sites

$22M Awarded to Clean Up Power Plant Near Waterfront Development Sites

by James Sanna | Oct 16, 2023 | Commercial & Industrial, CR Daily, Industry News

The city of Bridgeport was awarded a sizable grant from the state of Connecticut to demolish one of the city’s biggest landmarks: a giant coal-burning power station on the waterfront.

Bridgeport Wind Power Project Cancelled

Bridgeport Wind Power Project Cancelled

by The Commercial Record | Oct 3, 2023 | Commercial & Industrial, CR Daily, Industry News

Energy company Avangrid has pulled the plug on its Park City Wind project, potentially imperiling a planned redevelopment of a shipping terminal in Bridgeport.

M&T Bank to Open New Branch in Bridgeport

M&T Bank to Open New Branch in Bridgeport

by Nika Cataldo | Aug 30, 2023 | Banking & Lending, CR Daily, Industry News

M&T Bank announced it will open a new bank branch in Bridgeport’s East End neighborhood, which is expected to be operational by early 2024 pending regulatory approval.

State Awards $23M to Eight Communities to Support Livability and Equity

by The Commercial Record | Aug 11, 2023 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

The Connecticut Communities Challenge Grant program recently awarded its third round of grants to eight cities and towns to fund a range of revitalization projects intended to support job growth.

$22M Awarded to Clean Up Power Plant Near Waterfront Development Sites

Bridgeport Revokes Zoning OK for DTC Chair’s 177-Unit Development

by James Sanna | Jul 28, 2023 | Commercial & Industrial, CR Daily, Industry News

Bridgeport Mayor Joe Ganim has cancelled a year-old zoning approval for an apartment complex planned for the site of the popular Testo’s restaurant in the city’s residential northern end.

M&T Bank to Open New Branch in Bridgeport

M&T Plans Bridgeport Small Biz Counseling Push

by The Commercial Record | Jul 25, 2023 | Banking & Lending, CR Daily, Industry News

M&T Bank says its launching a new small business education program for Bridgeport-area “multicultural” companies in partnership with the University of Bridgeport.

Bridgeport’s Steelpointe Development Lands Hotel

420-Unit Luxury Development Gets Environmental OKs

by The Commercial Record | Jun 7, 2023 | Commercial & Industrial, CR Daily, Industry News

A giant luxury rental development planned for Bridgeport’s waterfront expects to break ground soon after getting state and federal approval for its site cleanup plans.

Bridgeport’s Steelpointe Development Lands Hotel

Huge Luxury Apartment Complex Headed for Bridgeport

by James Sanna | Sep 7, 2022 | Commercial & Industrial, CR Daily, Industry News

Bridgeport may have won another battle in its long war to attract market-rate development back to its streets.

CT Sees Record Housing Starts in July

CT Sees Record Housing Starts in July

by James Sanna | Sep 2, 2022 | Commercial & Industrial, CR Daily, Industry News

Housing development in Connecticut is currently outpacing every prior year since at least 2015, according to new figures released this week by the state Department of Economic and Community Development.

Connecticut Sees Urban Migration to Affordability

Connecticut Sees Urban Migration to Affordability

by The Commercial Record | May 5, 2022 | Industry News, Residential Real Estate

Supply might be limited, but the places where home prices significantly soared in the last year concentrated at the most expensive as well as the most affordable segments of the market, like Bridgeport.

Bridgeport Seeks Developers for Downtown Parcels

Bridgeport Seeks Developers for Downtown Parcels

by James Sanna | Mar 9, 2022 | Commercial & Industrial, CR Daily, Industry News

Officials in Connecticut’s largest city are hoping to find developers to remake a pair of long-blighted sites at the entrance to their once-benighted downtown.

West Hartford, Bridgeport Developments Get Brownfield Cleanup Grants

West Hartford, Bridgeport Developments Get Brownfield Cleanup Grants

by The Commercial Record | Jan 7, 2022 | Commercial & Industrial, CR Daily, Industry News

The project, reportedly proposed by local developer Sami Abunasra, was included in a list of grant awards released last night

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