The South End/Waterside area of Stamford is undergoing redevelopment. Numerous projects have been planned and some are already built and in operation. A couple of luxury rental communities have been completed and doing well. Office buildings, a 5 star hotel, condominiums, and a park are in the plans.
The area is targeting the middle to upper end of the rental and condominium market. Currently, the rental market is very brisk and will probably continue to be for awhile in this economy while the condo market is sluggish.
Check out these links for more information about Stamford's Master Plan and the developments in the works:
Hope you find this useful.
Prudential Connecticut Realty