Harbor Point (Stamford)

Harbor Point is a redevelopment located in the South End of Stamford, Connecticut, United States, in southwestern Fairfield County.

[citation needed] The Stamford Advocate has called it "reportedly one of the largest redevelopment projects in the nation" and "the city’s fastest-changing neighborhood".

"[4] Beginning in 2005, Antares Investment Partners began acquiring an array of properties in the South End of Stamford, and announced plans to redevelop an 80 acres (32 ha) portion of the neighborhood as part of a project called Harbor Point.

[2] The project, which one New York Times article called "one of the largest and most ambitious redevelopment efforts in the country", was sold to Norwalk-based Building and Land Technology (BLT), a private development company, in September 2008.

[2] By 2010, BLT saw residential growth which "exceeded" the company's expectations, but experienced more difficulty in attracting tenants for the redevelopment's office facilities.

[1] A 2018 article in the Westchester & Fairfield County Business Journals praised the Harbor Point redevelopment for turning an area once "marked by pollution and high crime rates" into an environmentally-friendly transit-oriented development.

[3] Units designated as "affordable" by Harbor Point's main developer, BLT, went for an average of roughly $1,200 as of January 2018, which some local residents have described as out of reach.

[3] Residents of the redevelopment have hit back against claims that they're "not part of the community", saying that the area's recent changes have resulted in sizable economic growth.

Harbor Point aerial view