Stamford Apartment Building Project Completed
Developer Steve Aivalis completed a new 21-unit residential complex at 589 Bedford St. in Stamford this summer.
Updated on Sept. 24, 2026 in Apartments
Live Poll
Do you believe new apartment buildings in your area effectively encourage community connection?
Completed in summer 2026, the new apartment building at 589 Bedford St. in Stamford features 21 studio and one-bedroom units. The project revitalizes a lot that had remained vacant since a prior structure was destroyed by fire in 2016.
Why it matters
The development aims to provide new housing options tailored to young professionals in the city. By repurposing a long-vacant site, the project contributes to the ongoing residential density growth in the Stamford area.
The new complex offers studio and one-bedroom apartments for $2,700 per month, with one month of rent offered free. Each unit includes a dedicated compartment for office, storage, or exercise space.
The players
Steve Aivalis
Steve Aivalis is the developer and architect who designed and oversaw the construction of the 589 Bedford St. project.
The details
Designed with Victorian-style elements such as asymmetry, bay windows, and wrap-around terraces, the building honors the aesthetic of the site's original 1890 structure. The lot previously served as a location for drive-through COVID testing and vehicle storage after the 2016 fire.
Timeline
The previous Victorian-style building burned down in 2016.
Construction of the new building was completed in summer 2026.
Roadmap
This development reflects a broader industry trend of infill construction, where architects modernize historic aesthetics to suit contemporary density requirements. It follows the architectural precedent set by the 1890 Victorian-style design, updating those features for modern use.
Prospective tenants can now view units priced at $2,700 per month, which include a flexible compartment for storage or remote work. The incentive of one month of free rent may influence the immediate move-in decisions for local young professionals.
The takeaway
The transformation of this vacant lot highlights how developers are utilizing small urban footprints to meet modern housing demands. Residents interested in new construction should consider how integrated home-office compartments can offset the need for additional storage space.
Further reading
Learn more about the local residential market in the Apartments section.
Source note: This article includes information reported by stamford advocate.
Live Poll
Do you believe new apartment buildings in your area effectively encourage community connection?
