Featured Apartment:
Connecticut-Bridgeport - 1
bedroom - 1 bath - spacious, clean & sunny unit! - Brick Building - Hardwood
Floors - Modern Kitchen - Spacious Living Room - Large Bedroom w/ Double Sliding
Door Closet - Updated Bathroom - Off Street Parking - access to commuter rail,
bus, shops & restaurants, first and last months rent
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About Bridgeport
Bridgeport, nicknamed The Park City, is a city located in southeastern
Fairfield County, Connecticut, United States and is the largest city by
population in Connecticut. According to 2005 Census Bureau estimates, the
population of the city is 139,008. The city is the core of the Greater
Bridgeport area, which is considered part of the labor market area for New York
City. The city has two hospitals, Bridgeport Hospital and St. Vincent's Medical
Center.
Like other northeastern cities that have fallen on hard times, Bridgeport is
often identified as a suitable candidate for urban renewal. Most talk of urban
renewal centers on a fifty-acre peninsula in Bridgeport Harbor, known as Steel
Point. One proposal called for Las Vegas developer Steve Wynn to build a large
casino on the property, but for a variety of reasons, that project failed to
materialize. More recently, the City of Bridgeport has taken steps to acquire
the last remaining parcels in private hands. Present plans call for the
investment of approximately $1 billion to create a mixed-use development with
several thousand apartments and condominiums and approximately 1 million square
feet of retail space. The designated developer is Midtown Equities LLC of New
York City.
In addition, more than 20 historic buildings in the downtown core, including the
Art Deco Citytrust Building and the late 19th Century Arcade Mall & Hotel, are
in the process of being renovated to include residential units and retail spaces
by Urban Green Builders of New York City.
One obstacle to urban renewal is Bridgeport's property tax regime. Tax rates in
the city are among the highest in the country.