Bridgeport, CT (2005)

Bridgeport Urban Green

The rehabilitation of the historic Arcade Building and 144 Golden Hill Street is a vital part of Bridgeport's downtown revitalization.

Investment

  • NMTC Amount: $28,218,445
  • Total Project Cost: $44,798,984

IMPACT

  • 70 FTE jobs
  • 100 construction jobs
  • 53,000 sq. ft. of real estate

Investor

Project Description

Mixed-use: The rehabilitation of the historic Arcade Building and 144 Golden Hill Street is a vital part of Bridgeport’s downtown revitalization. The city had been deeply distressed since the loss of its industrial economy, but a new focus on mixed-use development is transforming the central business district into a vibrant 24-hour community. The renovation of these buildings constitutes the second phase of a four-part redevelopment project that has resulted in over $2 billion of additional downtown development. The second phase uses NDC’s investment to create 59 rental housing units and 53,000 sq. ft. of retail and office space, all of which were built using environmentally sustainable methods.

MAP

Address: 144 Golden Hill Street, Bridgeport, CT 6604

Census Tract: 9001070600

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