X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(For more retail coverage, click GlobeSt.com/RETAIL.)

NORWALK, CT-The developer of the proposed $400-million District 95/7 project here has hired Staubach Retail to exclusively market the 150,000 sf of retail space planned for the one-million-sf development. 95/7 Ventures LLC a partnership of locally based Spinnaker Real Estate Partners and Greenfield Partners, named Staubach exclusive leasing agent for the space.

The project will also contain approximately 525,000 sf of office space, 250 condominium residences and a 140-room hotel with 5,000 sf of meeting space. The site totals 12.6-acres and is located on the northern side of the Reed-Putnam Urban Renewal Area near the junction of I-95 and Route 7.

Staubach Retail is a division of the Staubach Co. of Addison, TX.

“With its extensive knowledge and understanding of retail markets, Staubach Retail is a valuable addition to the project’s team. Retail is a key component of this project and we’re delighted to have a company of Staubach’s caliber to spearhead the retail leasing program,” says Kim Morque, principal of Spinnaker Real Estate Partners.

Site preparation work, including the demolition of several existing vacant buildings, has already begun. The project is currently being reviewed by the City of Norwalk and is scheduled to begin construction in early 2007, Staubach officials say.

Commenting on the assignment, Patrick Smith, executive vice president and principal of Staubach Retail, says, “We truly believe this is a special site and are excited to be working with a development team that has the vision and expertise to execute a project of this magnitude. In any large mixed-use development like this, the retail is a vital element of the long-term success of the project. District 95/7 will be a critical and integral part of SoNo’s [South Norwalk's] continued evolution, growth and success.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.