A new deal with Nuvance Health is expected to bring 500 jobs to the state and fill much of the commercial space at the expansive Summit building. Nuvance and Summit Development have signed a lease for the seven-hospital health system to rent 220,000- square- feet of office space at the 1.2 million-square-foot building on the west side of the city. The building was 15 percent occupied when it was purchased in October 2018 for $17.8 million. Since then, Summit Development has invested $20 million and brought in 12 new leases. This increased office occupancy to 41 percent, said Michael Basile, project manager. One of the biggest promising features is the proposed Danbury Career Academy. This academy would address overcrowding in the school buildings and provide students with better opportunities to explore career fields, officials have said. If the academy is approved, all but 120,000 square feet of the building will be filled. Developers plan to add about 400 apartments to the building, which has amenities such as a restaurant, fitness center and 75,000 square-feet of conference and event venue.
https://www.newstimes.com/local/article/Major-economic-boost-Nuvance-signs-lease-15832226.php