Does anyone have updated devlopment information (or lack thereof) on the "pit" of vacant land in downtown Stamford, CT? The land plot is bordered on the west by Greyrock Place, on the south by Tressler Blvd, on the north by a utilities building and Main St, and on the east by Elm/Grove St. It is a huge pit of land that years ago (2-3 yrs) apparently was going to be developed by Wal-Mart, but that fell through. I've heard from residents of Stamford that the vacant lot fills with water, and a developer cannot build down to the bedrock, due to this water issue. Does anyone know if this is the case, or what is planned for this huge eyesore? It is directly across from major corporate buildings, the Stamford Town Center Mall, and is just ugly and needs to either be made into a park or built upon. Any information appreciated. Thanks.