 (1).png)
News:
Owners Developers & Managers
Posted: December 29, 2017
2017 Annual Review: Thomas Madden of City of Stamford Economic Development
What was your greatest professional accomplishment in 2017? The first is our new economic development website: www.choosestamford.com. The website is aimed at site selectors and commercial brokers and offers all of the information that someone is looking for when considering Stamford. Second, Stamford was selected as one of two cities by the state for the Amazon RFP. We were able to offer a very competitive bid on the project. Lastly, the city also folded the Urban Redevelopment Commission and the Arts and Culture Commission under the leadership of the Department of Economic Development.
What was your most notable project, deal, or transaction in 2017? The city has seen numerous companies move to Stamford or renew their leases to stay here, these include:
• PartnerRe - Taking the entire fourth floor, covering 56,700 s/f, in the 200 building at the First Stamford. Moving 220 Greenwich-based employees.
• Octagon Sports & Entertainment Agency – Taking 57,992 s/f at 290 Harbor Dr., Shippan Landing. Moving at least 150 people to the site.
• Henkel – Taking 155,000 s/f at the BLT Finical Center. Moving at least 300 people to the site.
• Charter Communications announcing the construction of new 500,000 s/f headquarters.
What are your predictions for commercial real estate in 2018? City of Stamford will continue to lead Connecticut in terms of new residential construction and company relocations. We are expecting several large announcements in Q1 and Q2 of additional companies relocating to the city. These announcements will continue the downward trend of office vacancy in the city.
MORE FROM Owners Developers & Managers
Windsor approves redevelopment of 500 Day Hill Rd. for mixed-use residential community
Windsor, CT The town has granted approvals for the redevelopment of 500 Day Hill Rd., clearing the way for a mixed-use residential community that will convert a former office campus into a housing development totaling approximately 300 residential units
.png)
Quick Hits
 (1).png)
Columns and Thought Leadership
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,