Lots of cool stuff happening downtown, including more foot traffic. 333 State Street at the corner of Lafayette Boulevard was a downtown eyesore for more than a decade. Now it’s one of the new housing developments adding a brighter face; a seven-story residential and commercial complex that is about to open its doors to new tenants featuring 65 one- and two-bedroom apartments. The complex is adjacent to the Connecticut Post building, federal courthouse and Housatonic Community College.
Bob Carlson, the developer and builder, says the project’s total cost is approximately $13 million. A substantial portion of the financing consists of bond funding provided by General Electric and administered by the Connecticut Housing Finance Authority.
The first floor features 6600 square feet of commercial space. The Greater New England Minority Supplier Development Council, Inc, (GNEMSDC) www.cmsdc.org/index.php will relocate its regional headquarters from Hamden to lease 5100 square feet of the first floor this fall, according to a company news release. The GNEMSDC is a 501(c)(3) corporate business membership organization that builds relationships between large public and private sector corporations and certified MBEs.
Carlson says Mayor Bill Finch and the city’s Office of Economic Development played a key role in assisting with approvals, working with CHFA and helping to attract GNEMSDC to Bridgeport.
Barbara Kelly, of Urban Spaces Realty, the leasing agent for the residential portion of the project says she has a list of several hundred individuals who have already inquired about apartments. She adds the apartments appeal to young professionals and “Empty Nesters” seeking urban lifestyles. 333 State Street features high quality interior finishes, oversized windows, secured parking and panoramic views of Long Island Sound and the surrounding areas. One-bedroom apartments range from $950 to $1350, two-bedroom units from $1200 to $1850. The apartments are expected to be move-in ready in a few weeks. More details on residences: www.333statestreet.com/residences
AMS Real Estate, located downtown, is the exclusive leasing agent for the commercial portion of 333 State Street. AMS Real Estate is led by Fred Frassinelli, company president. A formal ribbon-cutting for the development will be announced next week.
For more, check out www.333statestreet.com.