The state of Connecticut is giving the Stamford-based office technology company Pitney Bowes $10 million in forgivable loans and $17 million additional in loans, grants and tax credits, in order to keep the company in the state.
Yesterday we aired a story about how Stamford school administrators are currently considering the option of moving its fifth graders to the middle schools because of an oncoming space crunch. The idea has been criticized by many parents who say their children aren’t ready. But the option isn’t that radical. One nearby school district successfully made the transition nearly 20 years ago.
Stamford is growing. That’s not a bad thing but its 16-thousand student school district is rapidly facing serious overcrowding. In fact, many of its elementary schools will be over capacity starting next year. School administrators have offered up som e solutions but the options – and the timetable - have parents deeply concerned.
Stamford Mayor Mike Pavia announced Thursday that there are finally plans to develop a downtown plot called Parcel 38, or as it’s locally known, “the hole in the ground.” He says the $100 million development fits Stamford’s future.