For the first time in three decades, people are living on the former Father Panik Village property on the city's East Side.
Once home to a crime-ridden public housing complex, the land now contains eight new buildings containing 93 apartments in a complex called Crescent Crossings.
"The demands for these units has been tremendous," said Todd McClutchy, principal at JHM Group, the Stamford-based developer, adding that the second phase of 84 units is also moving along at a fast pace.
Rents for the one-, two- and three-bedroom apartments are in the approximately $800 to $1,700 range, with the average between $1,100 and $1,200.
Just the other side of the train tracks is another empty parcel destined for redevelopment. Part of the former Remington Arms site, the land sandwiched between Barnum Avenue and the rail line has been targeted by city and state officials for a $146 million second train station in Bridgeport, to be called the Barnum Station.
Read full article: http://www.masstransitmag.com/news/12288611/east-side-train-station-development-projects-keep-chugging-along
