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BLT Proposes New Plan for Working Boatyard

Acquires 5-acre site at Davenport Landing

Stamford, CT | Added on April 21, 2014 At 02:43 PM

On Friday, April 18, Building and Land Technology announced its plans to construct a state-of-the-art working boatyard on Davenport Landing in Stamford. According to a statement from BLT, the developer acquired the 5.4-acre site at 28 Southfield Avenue for $12.75 million.

According to BLT, the site is already approved for residential development and a marina. If the revised site plan is approved, the developer says a working boatyard could be operational by the first quarter of 2015.  According to a statement, BLT plans to work with the local boating community and a team of design specialists to create a site plan.

“We are proud to offer a compelling solution to fulfill Stamford’s need for a modern working boatyard, and we look forward to collaborating with the City to develop the boatyard as quickly as possible,” said Carl R. Kuehner, CEO of BLT. “Our investment in this site demonstrates our commitment to enhance Stamford through development of the waterfront, and our responsiveness to the community’s voice. We are confident that a first-class boatyard will be an asset to the harbor.”

In 2011, BLT demolished the City’s old boatyard, which sat on 14 acres of waterfront land. Last year, the developer proposed a deal to build a new 6-acre boatyard at 205 Magee Avenue, with plans to construct a facility on the old boatyard site for hedge fund Bridgewater Associates. The controversial plan received mixed reactions from community members and city officials. Those in opposition of the plan felt the boatyard belonged on its original 14-acre-site.  After months of discussion among city boards, BLT withdrew its proposal.

Mayor David Martin released a statement last week expressing his approval for the new plan.

“Since taking office, one of my objectives has been to restore a first-class boatyard as soon as possible. I am pleased that BLT has been responsive to our assessment that the site at 205 Magee Avenue is not a viable location for a boatyard,” the Mayor said. “Even as discussions continue regarding the future use of the 14-acre site, it is important that BLT has secured the Petro site, which is viewed by many as the last viable alternative site for a boatyard in Stamford harbor. We look forward to seeing a practical plan for the site’s use."

Robin Stein, Interim Director of Economic Development, stressed the importance of moving forward in a timely manner.

“The City of Stamford has been without a boatyard for some time and I look forward to BLT’s cooperation in moving forward as quickly as possible to achieve a workable solution. In addition, the opening of a Stamford boatyard is something the marine industry is eagerly awaiting,” said Stein.



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