STAMFORD, CT-After city residents packed two previous public hearings to criticize its plans, Building and Land Technology officials made their case to the city's Planning Board on its proposal to build a massive new headquarters for hedge fund Bridgewater Associates.
The project, if approved by the city, would entail the construction of a $750-million, 850,000-square-foot building on a property in Harbor Point that formerly was used as a city boatyard, according to the Stamford Advocate.
BLT officials explained the license agreement negotiated by Stamford City Mayor Michael Pavia that grants permission for BLT to incorporate 2.4 acres of public land into a proposed boatyard at 205 Magee Ave. in Shippan. In return, BLT will fund $5 million in public improvements and develop a new animal shelter.
Residents have been critical about the size and scope of the proposed boatyard in Shippan that would replace the former boatyard. A vote on the proposal could come as early as the Planning Board's next session on Sept. 17. See story in the Stamford Advocate.
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