Donald Trump Joins Project to build 37 Story Tower in Stamford

[StamfordCT]

http://www.stamfordadvocate.com/news...ocal-headlines


STAMFORD -- The 37-story condominium tower that F.D. Rich Co. and partners have proposed in downtown Stamford may have a high-profile name -- Trump Tower Stamford.

F.D. Rich President Thomas Rich said yesterday that he and another partner in the project, Westchester County, N.Y., developer Louis Cappelli, are in discussions with real estate magnate and former Greenwich resident Donald Trump to develop a 425-foot high, 185-unit building next to the Target store.
We are extremely excited by the prospect of creating a partnership with one of the world's premier luxury housing developers," Rich said. "Donald Trump, together with Louis Cappelli, has recently completed a super high-quality project, the City Center at White Plains, N.Y., and are working together on a project in New Rochelle, N.Y., that is equally as impressive."

Trump mentioned the Stamford project yesterday on a TV and radio show hosted by Westport resident Don Imus.

According to a transcript of the "Imus in the Morning" show on MSNBC, Imus said to Trump, "you make a lot of deals out there (on the golf course.)"

"I made a deal with Lou Cappelli, who's a really good golfer. He's a fantastic golfer. And I made a deal with him to build a building in White Plains that turned out to be a tremendous success, Trump Tower," Trump said.

"And now we're doing another building up there. We're going to do another building in Stamford, Conn.," Trump said. "We've done basically three buildings because of the fact that I played a round of golf with Lou and they've been tremendous successes."

The City Center at White Plains includes the 35-story Trump Tower at City Center condominium building, movie theaters, restaurants, a Target and other stores in a 1.1 million square-foot complex aas well as a 11-story loft-style condo building.

Cappelli is head of Valhalla, N.Y.-based Cappelli Enterprises Inc., which developed City Center.

The Stamford tower, which needs approvals from Stamford land-use boards, would include luxury condominiums atop a five-story parking garage, with 3,300 square feet of retail space, at Washington Boulevard and Broad Street.

The top two floors would include six two-story penthouses. Another floor would hold the common spaces, including a party room, fitness room and swimming pool.

The proposed building, called Park Tower in its original application, would surpass Stamford's 22-story One Landmark Square by 105, making it the tallest building in the city and fifth-tallest in Connecticut.

The proposed Trump Tower would sit on a half-acre parcel that a small park now occupies.

Rich said the Stamford Zoning Board is scheduled to review the project in the next few weeks.

"We hope to get it going as soon as possible," Rich said. "A Trump Tower for downtown Stamford would be a further validation that after a 45-year urban renewal effort, our city continues to emerge as a 24 hour, seven-day a week, ... world-class destination."

"Trump would be in be involved in all aspects of the development of the project, including design, construction, marketing, and property management once the building is completed," Rich said.

Star of "The Apprentice" reality show on NBC TV, Trump might impress potential lenders for the Rich project, said Michael Freimuth, Stamford's economic development director for the city of Stamford.

"The Trump name will attract wider attention to the marketplace from both investors and financiers," Freimuth said.

Costas Kondylis, an architect who also designed the 70-story Trump World Tower and the Trump International Hotel and Tower in Manhattan, is working on the Stamford project.


With him in this that means its gonna get REAL expensive. But i dont understand the idea of a residential tower wit all these luxury apartments, i mean there aren't any movie stars gonna be in them. Why can't they jus have something for the common folk...

[Xusein]

LOL, Trump Tower Stamford...

[nomad997]

Hey, more power to you Stamford.

That's insane.
The only accomplishment Trump has over a city not well known is to drive the real estate prices sky high.

No ordinary common folk will be able to afford such insane prices.

No wonder his casinos are bankrupt.

Trump works in large cities like New York, Chicago, etc. because there are very rich folk living there.

[NorthaBmore]

Originally Posted by 10ROT

LOL, Trump Tower Stamford...

Trump Parc Stamford

[Third of a kind]

Originally Posted by fish

That's insane.
The only accomplishment Trump has over a city not well known is to drive the real estate prices sky high.

No ordinary common folk will be able to afford such insane prices.

No wonder his casinos are bankrupt.

Trump works in large cities like New York, Chicago, etc. because there are very rich folk living there.

Trust there are very rich folk living in Stamford, but you know from what I can recall..in the last 15 years or so they cleared out alot of people who used to live by those old factories in the downtown area.

Same goes for the Trump Tower in White Plains and in New Rochelle, if your familiar with the neighborhoods that they're based in, they weren't exactly wealthy in their cores until now. and they were actually quite successful in jump starting successive gentrification of those immediate areas. I've seen the pedestrian levels jump alot in both of those places.

all this development happening in all 3 of these cities is very similar, high rise/low rise condo's getting built like crazy. Although the majority of this new development is "luxury" housing. There are developers trying to build affordable housing, but the funny thing is they can barely afford to get them built, those developers have to resort to getting a loan from the municipality.

I just wish they would start building more affordable housing instead of stalling on it

[RPM]

Stamford is already extremely wealthy, so Trump isn't going to change anything in that regard. If you want to see updates on this project go to the Connecticut development page. This has become a very contriversial building.

[NorthaBmore]

I think that the building looks great. It'll be a much better tallest for the city. I personally don't like the Landmark Tower much. I also wish they could have hidden the garage at the town center a little more. It's ugly and you can see it from city hall, which I don't like.

[StamfordCT]

finally someone who agrees....i been looking at it so long, i can't stand the landmark building most of the time

[NorthaBmore]

Trump Parc is a lot better. It has a nice shape and a nice facade.

When you're driving down Atlantic Avenue you can see it sometimes and it looks really nice. It's a great addition to the skyline.

[NorthaBmore]

Looks great:

It's just about topped out to!

[KevD]

Wow impressive for Stamford. Kind of typical looking building though.

[NorthaBmore]

Originally Posted by KevD

Wow impressive for Stamford. Kind of typical looking building though.

Not typical for Stamford...