After more than eight years of groundwork, plans for a major residential development along the Rippowam River in downtown Stamford received approval Monday night from the city’s Zoning Board. The development will create 471 new apartments in two seven-story residential buildings — one on each side of Clinton Avenue, between Division Street and Richmond Hill Avenue. That portion of riverwalk has yet to be constructed, though. The applicant, New York developer Carmel Partners, said they would build it out in a letter of intent sent to city officials Jan. 24. The developer requested $1.6 million from Stamford for “designing, permitting and/or constructing” the riverwalk, according to the letter. The project was approved with a number of site-specific conditions, which are subject to approval either by the Zoning Board or by the city’s Land Use Bureau staff.
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