Business & Tech
Affordable Housing Proposed For Former Bridgewater Site In Westport
The proposed Glendinning Village is slated to hold multiple houses and office space.
WESTPORT, CT — A development partnership is looking to turn the former Westport site of hedge fund giant Bridgewater Associates into a new complex with affordable housing and office space, the Westport News reported.
According to the publication, the proposal at 1 Glendinning Place calls for 10 homes on the property, two of which will contain a total of 12 affordable studio apartments for disabled adults.
The main office building on the property will remain; half of which has been leased, and the developers are looking to lease the other half.
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Called Glendinning Village, the proposal still must go before the Planning and Zoning Commission for approval.
Last year, the developers — David Waldman, president of David Adam Realty, and Eric O'Brien, managing director of Urbane Capital LLC and a senior vice president at Sachem Capital — proposed more homes, but recently scaled it back.
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Read the Westport News story.
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