New Apartments Coming to Main Street in Danbury

DANBURY, CT — A developer's plan to replace the 60,000-square-foot former News-Times building with a six-story apartment complex received city land-use approvals last week, the News-Times is reporting.

The $13-million, 150-apartment complex is slated to begin construction in the fall. The building, located at 333 Main St., is across the street from the 275-unit Kennedy Flats. That 10-acre residential complex was 90 percent rented last year when it was sold by the developer Greystar for $86 million.

Construction of the new apartments is expected to take 18 months, following the demolition of the existing building, which could now begin in as soon as a month.

For more, see the News-Times.