Stamford, Conn – A.P. Construction Company and Associated Construction Company have teamed up as a joint venture to construct the second phase of the Park Square West project located in downtown Stamford, CT for Trinity Financial.
Trinity’s Park Square West Phase 2 project will be a $46 million, 225,000 square foot luxury, high rise mixed-use development consisting of 209 residential apartments with approximately 6,800 square feet of ground floor retail. The 15-story apartment building will be steel framed with a brick faced precast concrete and glass curtain wall exterior skin. Work began this May and will be completed in approximately 24 months.
“We’re thrilled to partner with Associated Construction and Trinity Financial to build what will become a very attractive and needed mixed-use complex, which will enhance the economic development for downtown Stamford,” said Andrew B. Ashforth, CEO of A.P. Construction Company and Co-CEO of The Ashforth Company.
The property located at 66 Summer Street will consist of a mix of studios, one and two bedroom units. Building amenities will include a main lobby area with a reception/security/concierge desk, and a breakfast bar. The second floor will feature a management office, fitness center, bathrooms, and a community room with a kitchen area. Each unit will feature a full appliance package with a washer and dryer, granite countertops, stainless steel appliances including an electric range/oven, a built-in microwave with vent-hood, a frost-free refrigerator/freezer, garbage disposal, and a dishwasher.
The Phase 2 project also includes an $8.8 million extension of the existing Urban Redevelopment Commission (URC) garage adding an 110,900-square-foot, six-level precast structure housing 321 additional parking spaces. Construction on this phase will start in the spring of 2014 and be completed in May 2015. The last phase of the project consists of constructing a 15-story, 208-unit apartment complex on the west side of the site and is expected to break ground in summer/fall of 2015 and completed 24 months later.