News

BLT Continues Expansion in Stamford Office Market

A sluggish office market is not slowing the expansion of one of southwestern Connecticut’s most prominent developers. During the past year, Stamford-based Building and Land Technology has redeveloped a harborfront complex that includes some 220,000 square feet of office space on Southfield Avenue in the city’s Waterside section. In a city with a roughly 30 percent office-vacancy rate, BLT also owns other large office hubs — some of which have empty space. But executives think their recent acquisition does not...

Stamford sets benchmark for corporate growth in Connecticut

Connecticut gets mixed reviews for its economic performance, but a blockbuster corporate expansion unveiled last week has garnered more plaudits for the state’s third-largest city. Telecommunications titan Charter Communications’ announcement it would not only keep its headquarters in downtown Stamford, but also move to a planned 500,000-square-foot building at the Gateway Harbor Point complex, attests to Stamford’s perennial appeal to major corporations. The Charter deal confirms many business leaders and public officials’ belief in Stamford as an exemplar for urban economic...

Henkel prepares for June start in Stamford

In June, Henkel Corp. will open its North American consumer-goods headquarters at 200 Elm St., according to a billboard advertisement posted a block away on South State Street. The company is relocating its laundry, beauty and home-care divisions from Scottsdale, Ariz., a transfer announced last October....

Henkel eyes larger footprint for future Stamford offices

Henkel Corp. originally planned to take 135,000 square feet at the BLT Financial Centre, at 200 Elm St., for its laundry, beauty and home care headquarters. Now, it will enlarge its footprint to 155,000 square feet to accommodate a laboratory for the development and testing of its beauty care products, Hearst Connecticut Media has learned. Those products include Dial soap, Right Guard antiperspirant and deodorant, Schwarzkopf hair care and got2b styling products....

Stamford aims to rebound from major office vacancies

A visitor’s view from the sixth floor of 200 Elm St. extends more than the length of a football field — without even gazing through a window. Only a few partitions and steel support beams now stand in that expanse in the BLT Financial Centre, which includes 200 Elm St. and the adjoining clock tower building at 695 East Main St. But hundreds of players will walk the same area within the next year. Henkel Consumer Goods signed earlier this...