New developer, new visions for Bridgeport's Steel Point project
Bridgeport Mayor John Fabrizi and a dozen city officials are heading to Miami this weekend to tour a complex built by the same developers involved in the long-awaited Steel Point project.The 56-acre retail and residential development in Florida is considered a key element of Miami's revitalization. Bridgeport officials are hoping the developer, New York-based Midtown Equities, can bring life to Bridgeport's Steel Point. The city plans to transform the vacant waterfront property into a $1.5 billion complex of restaurants, shops and apartments.News 12 Connecticut will accompany the mayor and 10 City Council members this Saturday in Miami to tour the site. In addition to development plans, the city is still waiting for $8.5 million of funding from the state. City officials will also need to acquire the Pequannock Yacht Club before breaking ground.