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August 23, 2019Cart

Business

by Fairfield County Business Journal
by FCBJ

Offices at Stamford’s 1 Atlantic St. to be converted into apartments

1 Atlantic St. Stamford

The Stamford Zoning Board has approved a plan to convert two office buildings at 1  Atlantic St. into apartments.

Among the current tenants at the 8-story and 3-story structures at 1 Atlantic St. are Bank of America, Pacific Basin Shipping and financial planning firms Quarve Associates and River Oak Investment Corp.

As those leases expire, property owner SH Atlantic LLC plans to convert the spaces into 77 apartments – 19 studios, 40 one-bedroom and 18 two-bedroom residences – with a tentative completion date of 2032.

Although there are now just 13 parking spaces available, SH Atlantic maintains that other residents can avail themselves of parking at nearby municipal lots.

The completed project will feature retail and restaurants, including what is being billed as a “swanky speakeasy” in the basement.