NYC Developer Buys Norwalk Power Plant Island for $4.6M
The site of Norwalk’s now-defunct power plant that had been marketed as an “unmatched” redevelopment opportunity along Long Island Sound has been sold to a New York City developer.
Chemical Company Consolidates at Merritt 7
Norwalk’s Merritt 7 office complex is getting a new tenant thanks in part to underway renovations to its on-site Metro-North train station.
Construction Finally Starts on Infamous Metro North Bridge
The bridge, originally built in 1896, has been repeatedly stuck in the open position over the years, causing havoc on the busiest rail line in the country.
Norwalk Mixed-Use Property Fetches $6M
A Norwalk retail-residential building has sold for $6 million.
Campbell’s Consolidating CT Footprint, Closing Norwalk Offices
Campbell’s Soup Co. plans to spend about $50 million to upgrade of its headquarters in New Jersey as it consolidates the central offices of snacks businesses from North Carolina and Connecticut.
Norwalk Apartments Sell for $18M
Summerview Square, an apartment complex in the growing Fairfield County city, sold to a joint venture of a local and a regional investor.
These CT Cities Worked Remotely the Most Last Year
During the first two years of the pandemic, the number of people working from home in the United States tripled, home values grew and the percentage of people who spent more than a third of their income on rent went up, the Census Bureau data shows.
Wegmans Moves into CT with Norwalk Store Plans
Norwalk is getting the first Connecticut location of the Wegmans supermarket chain, a company like local grocer Stew Leonard’s that inspires devotion in its shoppers.
Norwalk Multifamily Building Lands Bridge Loan
A new multifamily project in downtown Norwalk will be able to begin construction thanks to a new, $1 million bridge loan.
Spinnaker Keeps Transit-Oriented Development Strategy on Course
Norwalk-based Spinnaker Real Estate Partners’ new Brim & Crown redevelopment combined industrial-chic office space and 189 loft-style apartments steps from the East Norwalk station on Metro-North.
Report: SoNo Pioneer Dies
One of the visionaries who helped launch South Norwalk’s revival has died.
Volunteer Group Seeks Help to Restore SoNo Lighthouse
The largely-volunteer association that maintains a historic lighthouse outside Norwalk harbor is asking for financial help.
Norwalk’s Booking.com Cuts Workforce by Thousands as Travel Atrophies
Booking.com is laying off a quarter of its workforce – more than 4,000 people – with the global pandemic snuffing out travel.
Stalled Norwak Development Reimagined as Affordable Housing
The developers of a stalled multifamily project in downtown Norwalk are hoping to convert the 151-unit project to a largely affordable housing development.
No Looting Following CT Protests Against Police Violence
Waterbury police arrested 28 people over the weekend in connection with protests over police killings of Black people, but authorities said the demonstrations were mostly peaceful as they were in cities across Connecticut.
Diageo Completes Move from Norwalk to NYC
Liquor importer and distributor Diageo has completed its move out of a Norwalk office complex and into what it termed a “dazzling new North American headquarters” in Manhattan.
Mixed-Use Norwalk Property Sells
A mixed-use property in a Norwalk industrial zone has sold for $965,000.
Norwalk Apartment Complex Sells for $68.5M
A Norwalk apartment complex next to the Merritt 7 office development has sold for $68.5 million, according to a deed filed with the Norwalk City Clerk’s Office.
MerrittView Snags 12K SF HR Tenant
OperationsInc, one of the nation’s largest human resources outsourcing and consulting firms, is relocating its headquarters to an office building next to the Merritt 7 development from elsewhere in Norwalk.
Norwalk Reaches $625K Settlement in Halfway House Lawsuit
A federal prison halfway house will not be built in Connecticut after a Pennsylvania-based nonprofit reached a $625,000 settlement in an ongoing lawsuit with the city of Norwalk.
