45°
In September, Duff joined Gov. Dannel P. Malloy and Norwalk Mayor Harry Rilling for the start of construction at the site.
Phase 1 of Wall Street Place will feature 101 housing units, 16,000 square feet of retail space, 23 surface parking spaces and an automated parking garage with over 200 spaces available to residents and the public -- the first of its kind in Connecticut.
“Wall Street Place is going to be a game changer for Norwalk,” said Duff. “Additional housing and retail space means more jobs for Norwalk residents, and growth in our local economy."
Malloy praised the start of the construction and the project.
“Housing is a key component of our success to get Connecticut moving again - one that helps individuals and families find stability and employment, and creates stable communities where families and young professionals can thrive,” Malloy said.
“Wall Street Place is expanding the availability of affordable and supportive housing units in Norwalk, and I’m proud that the State of Connecticut playing a significant role in helping to get this project off the ground.”
State funding will provide for 36 of the rental units, which will be affordable to households earning up to 50 percent and 60 percent of the area median income.
Of the affordable units, 10 will be set aside for supportive housing with services provided by Homes with Hope, a local nonprofit. Half of the development’s cost will be privately financed with the other half coming from federal, state and local funds.
Click here to follow Daily Voice Norwalk and receive free news updates.
