According to Seth Weinstein, principal of Hannah Real Estate Investors and his partners Paxton and Ray Kinol of Stillwater Investment Management, Fairfield County Bank has signed a lease for a significant portion of the commercial space at Eastside Commons located at the corner of East Main St. and Lafayette St. Eastside Commons, a new luxury residential development located in downtown Stamford, will continue the revitalization sweeping through the area by providing 108 new residential units and 15,000 s/f of retail/commercial space to Stamford's East Side.
Fairfield County Bank chose Eastside Commons for the company's first branch in Stamford. It will occupy 4,000 s/f of the ground floor and will offer a drive-through, automatic teller machines and banking services at this location. The bank will accommodate customers with 12 designated parking spaces and a front entry for pedestrian customers on East Main St. (U.S. Rte. 1). Represented by Penny Wickey, principal of Saugatuck Commercial Real Estate LLC, Fairfield County Bank is expected to take occupancy in the second half of 2008.
Eastside Commons is within two blocks of I-95 and a mile of the Metro-North Train Station that provides express commuter train service to New York City. The 1.9-acre site was formerly the home of a Chrysler automobile dealership and service facility.
The 108 residences will offer one, two and three-bedroom homes.