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Construction Begins On Bridgeport Residential Complex : CEG

Wed April 07, 2021 - Northeast Edition #8 Ken Liebeskind -CEG Correspondent Construction is expected to be completed in December 2021 and the first units will be delivered in the first quarter of 2022. Construction work has begun on Canfield Park, two mid-rise five- and six-story apartment buildings across from the Fairfield Metro North Train Station in Bridgeport, Conn. Spinnaker Real Estate of Norwalk, Conn., and Eastpointe of Fairfield, Conn., are the real estate companies partnering on the property and they secured a $68 million loan to construct the 300-unit property in the Black Rock section of Bridgeport. The companies formed a joint venture and purchased the site at 286 Canfield Ave. for $7.7 million in August.

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