Viking Construction Completes Wall Street Place Project

The residential development in Norwalk provides 155 affordable housing units and over 200 parking spaces.

Updated on Oct. 26, 2026 in Construction

Viking Construction Completes Wall Street Place Project

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Viking Construction has finished work on the Wall Street Place residential project, a development featuring two buildings located at 61 Wall St and 17 Isaacs St. This complex serves households earning between 30% and 80% of the area median income.

Why it matters

The completion of this development resolves a long-stalled construction project that had been dormant for several years following the bankruptcy of the original developer. It provides essential affordable housing stock to the Norwalk community.

The development includes 155 residential units across two buildings and features more than 200 parking spaces. The North Building also contains 10 retail stores to serve the local area.

The players

Viking Construction

This construction firm was responsible for finalizing the long-stalled Wall Street Place residential development.

JHM Group of Companies

This organization acquired the Norwalk property out of bankruptcy in 2018 to revive the stalled construction efforts.

The details

The project comprises the North Building with 105 units and the East Building with 50 units, filling a gap left by the defunct POKO Partners LLC. While the North Building is currently fully occupied, the East Building maintains a 50% occupancy rate.

2017 marked the death of POKO Partners CEO Kenneth Olson.
JHM Group of Companies purchased the property out of bankruptcy in 2018.
A final certificate of occupancy is expected in the next few weeks.
Both buildings are projected to reach full occupancy by the end of 2026.

Market Landscape

The project marks a recovery from the collapse established by the 2018 POKO Partners LLC bankruptcy. It reflects a broader trend of repurposing stalled urban residential sites to address local housing inventory shortages.

Residents seeking affordable housing can now access 155 units with rent levels indexed to specific area median income thresholds. The inclusion of 10 retail stores in the North Building also offers new amenities for the immediate neighborhood.

The takeaway

The revitalization of this site highlights how private and state collaboration can eventually overcome significant developer bankruptcies. Future residents should verify current occupancy requirements to determine eligibility for the remaining available units.