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Year in Review: Stamford Economic Development
Top stories from 2013
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Stamford, CT | Added on January 01, 2014 At 02:48 PM

What could have been the biggest business deal in Stamford didn’t quite set sail.  Developer Building and Land Technology presented a plan to re-establish a working boatyard in Stamford at a new site on city-owned land.

BLT then proposed to bring hedge fund Bridgewater Associates to the old boatyard site in the South End and make $5 million in infrastructure improvements to the city.

Many felt that Bridgewater should not be built on the old boatyard site, and after months of back and forth with the public and the City’s Zoning Board, BLT withdrew the proposal in October.

“We brought it to the floor and Mr. Freeman stood up and asked that it be rescinded and we asked the city if they concurred, the city did, so we allowed the licensing agreement to be rescinded,” says Planning Board Chairwoman Theresa Dell. “They felt they wanted to look over the licensing agreement and start over.”

There were quite a few groundbreaking ceremonies in Stamford over the past year. This summer, local and state officials broke ground for phase II of Stamford’s Urban Transitway. When completed the project will make it easier for people to get to the Stamford train station.

"When this road is completed, it will connect East Main St. and the neighborhoods that surround it to the transportation center and beyond," said former Mayor Michael Pavia.  

Phase II will reconstruct Myrtle Ave. and a portion of East Ave by widening roads, improving sidewalks, adding a bike lane, and more. The federal government is investing $41 million into phase II, which will take about two years to complete.

Stamford hospital also broke ground this year to celebrate its largest expansion project yet.  The $450 million project will feature a new pediatric unit, an emergency department, larger surgical suites, bigger patient rooms, and more.

"Our vision of being able to provide first-class medical care in a 21st century facility with state-of-the-art technology in a Planetree designated healing environment is finally coming to fruition," said Brian Grissler, Stamford Hospital president and CEO.

"The new hospital is going to be all private rooms which is really going to be centered around the care for the patient," said Ellen Komar, the hospital's Chief Nursing Officer.

The new hospital is set to be completed by 2016.




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