The site plan for investment firm Bridgewater Associates' new offices in Stamford reportedly includes a floating helipad, marina and recreational barge.
According to a report in the Stamford Advocate, the hedge fund and its development partner, Building and Land Technology, plan to construct a five-story, 850,000 square-foot building and three levels of below-grade parking at the former Brewer's Yacht Haven boatyard on Bateman Way at an estimated cost of $750 million.
Bridgewater, currently based in Westport, is relocating to Stamford using grant money provided through Gov. Dannel Malloy's "Next Five" economic development incentive program.
Through the program, the state will provide Bridgewater with a $25 million forgivable construction loan at a rate of one percent for 10 years; funds for job training and alternative energy systems installation; and tax credits. In exchange, the company, which currently employs about 1,200, will be required to create 750 to 1,000 new jobs over the next 10 years.
The proposed state-of-the-art waterfront office complex, designed by Cutler Anderson Architects, reportedly includes two long curved buildings joined in the center by bridges and paths.
For more, check out the Stamford Advocate report.