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6/29/2015 - New Residential Development Opens at Formerly Run Down Property

“Bridgeport is getting better every day by creating jobs, growing our economy, improving our downtown and waterfront, building new parks and schools, and developing high-quality housing options for residents. We’re also making our city more business and family friendly by revitalizing run down properties, which is exactly what GreenPort Flats has done on Coleman Street.” – Mayor Bill Finch

Bridgeport, Conn (June 29, 2015) ­– Mayor Bill Finch, Coleman Street Developers, State Representative Christopher Rosario, City Council members, and the community celebrated the grand opening of Greenport Flats, a new eco-friendly housing complex featuring 39 apartments. Coleman Street Developers revitalized the former site of an abandoned, run down building in Bridgeport’s Hollow neighborhood.

Located at 62 Coleman Street, this $5 million project was developed by Coleman Street Developers, a subsidiary of Caritas Capital Partners, who transformed the 42,100-square-foot building into modern one- to four-bedroom apartments.

“Bridgeport is getting better every day by creating jobs, growing our economy, improving our downtown and waterfront, building new parks and schools, and developing high-quality housing options for residents,” said Mayor Finch. “We’re also making our city more business and family friendly by revitalizing run down properties, which is exactly what GreenPort Flats has done on Coleman Street.”

Greenport Flats will offer three different floor plans and has one to four-room units that will be available for rent with prices ranging from $850 - $2,400. With the size of some of the apartments mixed with their competitive prices, Coleman Street Developers, LLC is looking to attract a variety of potential residents to their property.

“As a Bridgeport area small business, we are proud to announce our latest groundbreaking development, Greenport Flats,” said Caritas Capital Partners CEO and President Rafael Sanz. “It’s unlike any other product in the market today offering residents high quality finishes and a modern, eco-friendly living space. We are committed to improving our neighborhoods and work with our tenants to fulfill community needs, such as facilitating the set up of a neighborhood watch. We thank our local partners, some who have been here in Bridgeport for more than 25 years, for their work in making this project come to fruition.”

Another attractive quality of this housing complex is its yard/green area. Many of the apartments will have a beautiful view of green grass, a massive magnolia tree, and gardening plots that will be open for renting for residents with a green thumb, with Greenport Flats’ courtyard area.

The property was originally a mansion built in 1890 and later expanded to a nursing home in 1957. It was last used as a 142-bed convalescent home called Golden Hill, prior to being acquired by Coleman Street Developers, LLC.