Our own Jorge Pereira, Partner and Senior Surveyor, signed a steel beam during a ceremony to commemorate the beginning of steel construction on Summer House, a 21-story building on lower Summer Street which will contain retail and restaurant space, 226 residential units and amenities including a pool.
Published 8:40 pm, Wednesday, July 23, 2014, StamfordAdvocate.com
Shielded from Summer Street traffic by a fence and concrete barriers, about 50 people stood beneath the sweltering sun Wednesday as steel construction officially began at the Summer House development in Stamford.
The 22-story building’s first steel beam was put in place during the brief conference, which was attended by representatives of the city, including Mayor David Martin, and members of the companies involved in the project. Summer House, a luxury apartment building set to open next year, will include 226 units of apartment space, 2,700 square feet of retail and restaurant space, a roof deck and a fifth-floor pool overlooking lower Summer Street. F.D. Rich Company is working with H.I.G. Realty Partners and the Analex Group, with Erland Construction overseeing building the project. Work on the general site began last year, but this marks the first steel construction of Summer House.
“We all know that housing is the lifeblood of any successful city,” said Tom Rich, president and CEO of F.D. Rich Company, which has offices down the street from the construction site.
Summer House, situated between the Majestic 6 movie theater and Buffalo Wild Wings, is another in a series of luxury housing projects cropping up across Stamford. At present, downtown has 6,300 residential units, double the amount available 20 years ago, according to Sandy Goldstein, president of the Downtown Special Services District.
“As president of the DSSD, I have always said I will know we have a successful downtown when I see cranes and mothers pushing strollers,” Goldstein said at the event.
The project joins existing apartment complexes in the city like Trump Parc, located around the corner, and a number of exclusive housing developments in Harbor Point, as well as those underway. A few blocks down from the Summer House site, at 66 Summer Street, another apartment building is in the middle of construction.
The city’s current bloom of development can trace its origins back 50 years, much of it to the credit of the F.D. Rich Company, Martin said.
“A downtown that’s vibrant, active, with hotels and residences going up, is a testament to the vision of the people of the 60s, 70s, 80s, 90s, all the way up to today,” Martin said.
F.D. Rich is heavily invested in Summer Street and adjacent areas. The Majestic, Courtyard by Marriott across the street and Target just behind the Summer House site are among the past F.D. Rich’s area projects.
“I definitely think we’re in a position now in the city’s development where we’ll have a long period of sustainable housing demand for the foreseeable future,” Rich said.
As building continues, Erland Construction is trying to minimize inconvenience to adjacent businesses, said President Steven McDonald. The company has negotiated with local businesses to do some work on their off hours and has created a temporary walkway to provide an additional exit from the movie theater, he said.
“That’s one of the challenges,” he said.