Ribbon Cutting For Stamford's Metro Green Residences

U.S, state and local elected officials reportedly attended a ribbon cutting ceremony on May 30 celebrating the grand opening the new Metro Green Residences development at the corner of Henry and Atlantic streets in downtown .

The 50-unit mixed-use development, which is a block from the , is the first phase of the Metro Green project, which altogether will offer 238 mixed-income residential units and a 17-story Class A office tower.

The developers are reportedly seeking LEED Gold Certification for New Construction for the energy-efficient facility, which will include a public plaza featuring a rain garden, streetscape with custom light fixtures, and curbside plantings.

In attendance at the ceremony were Congressman Jim Himes, Connecticut Governor Dannel P. Malloy, and Stamford Mayor Mike Pavia, according to a press release. Hosting the celebration were co-developers Jonathan F. P. Rose, president of the Jonathan Rose Companies LLC and Peter and Anthony Malkin, chairman and president, respectively, of Malkin Properties. Also joining were HUD and DECD officials, financing partners, community leaders and residents, according to the release.

Forty of the 50 units are designated for reduced income households with incomes ranging from 25% to 60% of Area Median Income, with 10 units are available at market rate, the release states. Only a few units were left as of June 4.

In addition the "transit-oriented" development features more than 1,600 square feet of street-level green retail space.

For more, check out the press release.