C&W officials say that permitted uses for the property include: residential, seniors housing and nursing home facilities, hospital use, apartment buildings for the elderly and education and religious organization usage.
C&W executive vice president Jay Hruska and senior director Tom O'Leary, represent the Sisters of St. Joseph of Chambery in the planned disposition of the property located on Strawberry Hill Avenue about one-half mile from Downtown Stamford.
"This is a unique opportunity to acquire a mixed use development site in supply constrained lower Fairfield County," Hruska says. "There is huge demand for large development land parcels in the region, so we expect to attract multiple offers from local and regional developers."
The property includes five buildings totaling 76,704 sf that were built between 1807 and 1965.
Sister Sally Hodgdon, provincial supervisor for the Sisters of St. Joseph of Chambery says, "We are particularly interested in finding a developer that would be both a good partner and neighbor to the community. Sacred Heart Academy has a long history of serving the residents of Fairfield County and we would like to see the property's next incarnation remain an asset to the region."
C&W's O'Leary adds that this is a unique development offering in the region. "This is a pivotal opportunity for a savvy investor or developer to acquire a centrally located, large land parcel with an approved mixed use master plan category that is certain to redefine the area," he says.
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