St. John Urban Development Corp. has filed a proposal with the city to demolish two, 17-story cylindrical apartment towers that it built in 1971, at 109 Tresser Blvd., that have a total of 240 affordable units, and replace them with with a 10-story apartment building that will have 305 affordable units. The new building would have 101 one-bedrooms units, 100 two-bedrooms units and 104 three-bedroom units for families earning 30% to 80% of the area median income. According to the project application, the two existing, mostly vacant residential buildings — known as the St. John’s Towers — consist of 240 units and were constructed with a third tower consisting of another 120 units. That third tower was demolished in 2019 to make way for a new apartment complex known as The Smyth, which was developed by Charlotte, North Carolina-based developer Quarterra. Stamford’s Planning Board is scheduled to hold a public hearing on the major proposal on June 10.
https://www.hartfordbusiness.com/article/developer-proposes-305-unit-affordable-apartment-building-in-downtown-stamford-in-large