STAMFORD, CONN. — Norwalk, Conn.-based Building and Land Technology (BLT) is solely leading the development of Harbor Point and recapitalizing $200 million for its completion. Both BLT and Lubert-Adler, a real estate private equity firm, are providing the expansion capital equity.
Harbor Point, a $3 billion, 80-acre mixed-use project, will feature more than 6 million square feet of office, retail, residential and hotel space. The office portion will include The Square at Harbor Point, Gateway Harbor Point, 2187 Atlantic, One Dock Street, Stamford Harbor Park and Stamford Harbor Square, all Class A properties.
The retail portion will include 400,000 square feet including a gourmet-grocery store, a spa/health club, specialty shops and several restaurants.
The residential portion will include 4,000 units at a wide-range of price points. Amtrak and the Metro-North Railroad are within close proximity.
The hotel portion will include two properties that will feature suites and private balconies.
Additional features will include a 485-slip marina, 11 acres of parks, a waterfront bandstand for theater and music events, a children’s playground and bike trails.
Harbor Point has been accepted into the Leadership in Energy and Environmental Design for Neighborhood Development (LEED-ND) pilot program by the U.S. Green Building Council. Features of LEED-ND projects include locations close to existing town and city centers, areas with good transit access, infill sites and sites adjacent to existing development.
Construction is underway and the first phase is scheduled for completion in 2009.