Construction work has begun on Canfield Park, two mid-rise five- and six-story apartment buildings across from the Fairfield Metro North Train Station in Bridgeport, Conn. Spinnaker Real Estate of Norwalk, Conn., and Eastpointe of Fairfield, Conn., are the real estate companies partnering on the property and they secured a $68 million loan to construct the 300-unit property in the Black Rock section of Bridgeport. The companies formed a joint venture and purchased the site at 286 Canfield Ave. for $7.7 million in August. Live Oak Contracting, Jacksonville, Fla., is the lead contractor on the job and is being assisted by M&O Construction, New Milford, Conn., which completed demolition and is currently working on initiating the site work and the foundations for the new apartment buildings.
https://www.constructionequipmentguide.com/construction-begins-on-bridgeport-residential-complex/51816