Sun Homes Begins Construction on Stamford Waterfront Project
The Caspian luxury residential community will feature 63 units and an on-site 57-slip private marina.
Updated on Oct. 28, 2026 in Construction
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Sun Homes and Hudson Bay Capital have commenced construction on The Caspian, a new luxury residential development located at 70 Seaview Ave. in Stamford. The project involves the adaptive reuse of a former commercial office building into 63 high-end residences.
Why it matters
The development signals growing institutional confidence in the continued economic and residential evolution of the southern Fairfield County waterfront. It aims to revitalize an existing structure while providing modern amenities for the area.
The Caspian features 63 residential units and a private 57-slip marina on the site of a former commercial office building. Sun Homes has previously developed more than 10,000 homes with a total portfolio value exceeding $2.6 billion.
The players
Sun Homes
A residential developer that has built over 10,000 homes with a combined portfolio value of more than $2.6 billion.
Hudson Bay Capital
An investment firm partnering on the financing and development of the new luxury residential community.
ODA
An architecture firm responsible for the design of the residential community and its modern building envelope.
The details
Designed by architecture firm ODA, the project incorporates the existing building structure with a new modern envelope. Each of the 63 residences will feature private outdoor spaces oriented toward the waterfront.
Timeline
Construction of The Caspian began in October 2026.
The development's sales gallery is expected to open in Spring 2027.
Market Landscape
This project follows a pattern set by the ongoing residential redevelopment of southern Fairfield County's waterfront. The move reflects a broader trend of repurposing commercial infrastructure into high-demand residential real estate to capture affluent market share.
The introduction of 63 luxury units at 70 Seaview Ave. expands the high-end housing inventory in Stamford. Residents can expect the project to transform a former commercial space into a private community with marina access.
The takeaway
Adaptive reuse projects like The Caspian offer a path to modernize dated office spaces into active residential hubs. Prospective buyers should monitor upcoming sales gallery openings to track unit availability and pricing.
What happens next
The Caspian sales gallery is scheduled to open in Spring 2027.
Further reading
Learn more about local development activity on the Stamford Construction page.
Source note: This article includes information reported by Nerej.
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