The former Bridgewater Associates property is prepping to become new office spaces and housing, including affordable housing for people with disabilities, while paying homage to the outdoors in its aesthetic. The development would be called The Glendinning Village, named after its 1 Glendinning Place address and the man who built it in the 1960s, Ralph Glendinning. The project is a partnership between David Adam Realty President David Waldman and Eric O’Brien of Urbane Capital LLC and Sachem Capital. The duo began reviewing the project when the facility hit the market in late 2022. He added this project helps add to the town’s points needed to reach an affordable housing moratorium to prevent 8-30g developments from coming to Westport. The completion of this project will add 12 affordable housing moratorium points, while the original iteration only offered two, Waldman said.
https://www.stamfordadvocate.com/westport/article/westport-bridgewater-associates-affordable-housing-18636934.php