Transit-Oriented Destination Begins Residential Leasing This April
Federal Realty Investment Trust (NYSE: FRT) today announced six new tenants are joining the line-up at Darien Commons, a highly convenient and walkable mixed-use destination under construction adjacent to the Noroton Heights train station. Seamore’s restaurant, sweetgreen, Tartinery, Oath PizzaNaya and Solidcore are expected to open by 2023 bringing some of New York City’s hottest concepts closer to home for Darien and surrounding communities. Expected to open in phases starting this summer, the new development includes 75,000 square feet of new retail space along with 122 luxury apartments.
This will be the first Connecticut location for Seamore’s, a NYC-based seafood restaurant passionate about sustainability. The menu offers a rotating daily catch of seasonal fish straight from the docks of Montauk and the Northwest Atlantic featuring oysters, tasty cocktails and weekend brunch.
“Darien Commons is an ideal spot to bring our commitment to serving sustainable seafood for our first CT location,” said Jay Wainwright, CEO of Seamore’s. “With the town’s waterfront heritage, we know the audience will appreciate our passion for locally-sourced and delicious food.”
Also new to the market, Tartinery is a New York City-based casual café-bar founded by Parisian native Nicolas Dutko. The European format menu starts each day serving bountiful salads, grain bowls, pastries, craft coffee by Irving Farm, fresh juices and smoothies. In the evening, the space transforms into a cozy neighborhood bar experience.
Naya with multiple locations in New York and Pennsylvania, features Lebanese food cooked from scratch and focuses on high-quality salads, wraps and trays. This will be their first location in Connecticut. Sweetgreen is an in-demand salad destination opening its first location in Darien.
Nantucket’s Oath Pizza is a popular fast-casual restaurant that aims to deliver a relaxed weekend vibe every day and offers pizza made from exceptionally high-quality ingredients and a signature avocado oil crust. Fast-growing Solidcore offers an immersive fitness experience under blue neon lights, with energizing music, an encouraging coach and a community of people joined together to create the strongest version of themselves.
“The interest in Darien Commons has really validated our investment in this location,” said Stuart Biel, Senior Vice President, Regional Leasing for Federal Realty. “So many best-in-class brands, local favorites and new-to-market retailers are choosing to open with us which confirms that we’ll be offering a terrific neighborhood experience for our residents, visitors and Darienites in general.”
Abundant on-site surface parking makes the retail easily accessible and shopping more convenient. Darien Commons also features a brand-new 12,000 square foot Walgreens and a recently renovated Equinox club. A rendering of the development can be found here.
During the current construction plan, the following tenants and neighboring businesses are open and operating: Walgreens, Equinox, Citibank, Chase Bank, Edward Jones, Vavala’s Deli, Sanda’s Cleaners, Dolce Nails, Leary’s Liquor Cabinet, TLC Hair Designs and Subway.
Darien Commons provides immediate access to I-95 and is just steps from the Metro-North rail line to New York City. The project creates an appealing opportunity for like-minded retailers to locate alongside each other, and enhanced convenience for future apartment residents.
About Darien Commons
Darien Commons is located in affluent and densely populated Fairfield County, CT and is currently anchored by Equinox and Walgreens. Redevelopment plans for a new neighborhood are underway with locally-inspired architecture and pedestrian-friendly connections to engage the community and serve as a downtown for the Noroton Heights district. Darien Commons will feature a mix of national and local retail and dining options and 122 new apartment homes across from the Noroton Heights Metro-North station.
On-site retail includes national powerhouses such as Equinox and Walgreens alongside regional and local favorites such as Gregorys, Glosslab, Van Leeuwen, and Molto, an Italian eatery. The Darien Commons residences offer sophisticated and modern design, thoughtful amenities, including a curated lending library of must-have items. The residences offer a highly convenient experience for its residents and visitors, including secure, below-grade parking and easy highway access. When complete, Darien Commons will feature over 110K+ square feet of retail and 122 apartment homes. Anticipated delivery begins summer 2022.
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty’s mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty’s 106 properties include approximately 3,100 tenants, in 25 million square feet, and approximately 3,200 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 54 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.