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Blackrock Proposes $250-Mil Office/Train Station Project

FAIRFIELD, CT-Blackrock Realty LLC of Stamford has closed on the $5.9 million purchase of a 35.5 acre site here where it proposes to build a $250-million, 1.3-million sf commercial complex and a new Metro North train station.

By John Jordan | Updated on January 24, 2001

FAIRFIELD, CT-A Stamford-based development firm acquired the 35.5-acre former Bullard’s manufacturing site for $5.9 million on Monday. It announced an ambitious $250 million project that would entail the construction of 1.3 million sf of commercial space and a new Metro North railroad station.

The site is located at 21 Black Rock Turnpike adjacent to exit 24 of I-95. Blackrock Realty LLC acquired the property from UPS Corp., which had purchased the property in 1986 and had hoped to build a major distribution center there. However, according to Kurt Wittek, a principal of Blackrock Realty, UPS’ plans for a distribution center never materialized.

The site now contains a Bullard’s manufacturing facility that totals approximately 225,000 sf that has been vacant for the past 16 years. Cushman & Wakefield of Connecticut represented both Blackrock Realty and UPS in the sales deal.

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