Even though the world's largest hedge fund, Bridgewater Associates, has decided to nix a state-backed $115 million deal to relocate to the site of Stamford's former boatyard, environmentalists and others are still concerned over the future of that 14-acre waterfront site.
Stamford activist group Save Our Boatyard celebrated this past weekend Bridgewater Associates' decision to back out of a state economic development incentive package to relocate to a 14-acre waterfront parcel in the city's South End. That property, formerly known as Brewer's Yacht Haven had served as the city's boatyard for 100 years until its owner, developer Building and Land Technology, decided to tear down the boatyard in late 2011 and not renew the operator's lease. Maureen Boylan of the activist group says they're now focused on getting a boatyard rebuilt at the site.
Now that the Martin administration has gotten the necessary approvals to apply for a state funding grant for an interdistrict magnet PreK-5 school, it will be up to lawmakers to ultimately decide if they'll lift a state moratorium or allow the application to be processed as an expansion of an existing school. Legislative members of Stamford's own state delegation say they haven't yet taken a position.