A buyer is lined up to acquire 29 acres next to the sprawling Summit office and apartment complex — a purchase that would preserve the property as open space and end controversy over a New York mover’s plan to build a warehouse there. It was not clear this week who the mystery buyer was or what motive the mystery buyer had for acquiring land that has been approved for a warehouse only to preserve it as open space. Under the subdivision arrangement, the owners of the Summit would keep the 70-acre parcel and the 1.2 million-square-foot office park and apartment complex, where a conversion is underway to create 360 apartments. What’s clear is the 29-acre parcel would no longer be designated for an industrial use, and the prospect of a 210,000-square-foot warehouse in walking distance from hundreds of condominiums and apartments at the Reserve will no longer haunt residents.
https://www.stamfordadvocate.com/news/article/danbury-clancy-warehouse-summit-mystery-buyer-19861208.php