Darien-based real estate development and investment company V20 Group purchased four acres of the former shopping center from its owners, the Palmer family, to finally begin redevelopment on the empty shopping center after years of delays. The deal was finalized on March 1. With a prime location across from the Noroton Heights train station, the upcoming development — renamed Noroton Crossing — will become a mixed-use community geared toward local commuters, featuring apartment housing, restaurants and retail and a private preschool. The Palmer family is no longer involved in the redevelopment, but will maintain ownership of the remaining property, including Palmer’s Market. Construction is tentatively slated to begin in spring this year and take less than two years. Retail is expected to move in by early 2024 and apartment residents around late 2024 through early 2025. Demolition equipment is already onsite and could begin within the week, pending permit approval.
https://www.stamfordadvocate.com/news/article/darien-noroton-heights-shopping-center-17825170.php