In Stamford’s more densely populated neighborhoods around downtown, multiple new apartment complexes are expected to open next summer. Several of the projects will also house new retail businesses too. Most of the new apartment buildings are being marketed as luxury developments — though they will include around 100 total affordable units thanks to the city’s Below Market Rate program. Meanwhile, the city’s housing authority, Charter Oak Communities, continues to renovate its existing subsidized housing. The first of those projects, The Asher, at 150 Broad St., will open up “a certain number of floors” to tenants at the start of the year, developer Randy Salvatore said. Wellbuilt Company, a Greenwich-based developer, has been growing its presence in Stamford the past few years. The firm has high hopes for its latest project, a 130-unit apartment complex on the East Side. The Lafayette could open to tenants “towards the end of the summer,” Wellbuilt co-founder Mitch Kidd said.
https://www.stamfordadvocate.com/local/article/stamford-ct-apartments-2024-housing-18549387.php