Seven companies set to open Stamford locations
As Connecticut’s fastest-growing city — with a population of more than 135,000 that ranks No. 2 in the state — Stamford’s expansion in people and businesses shows no signs of slowing down anytime soon.
Highlighting the growth, the following companies plan to open offices or facilities in the city within the next few months.
Digital Currency Group
The relocation from Manhattan of Digital Currency Group, a leading player in the cryptocurrency and blockchain-technology sectors, exemplifies the evolution of Connecticut’s financial services industry.
DCG plans to hire more than 300 Connecticut-based employees in the next five years. It is building an approximately 90,000square-foot headquarters at 290 Harbor Drive in the Shippan Landing complex that company officials have said will open by the end of this summer.
GE Appliances
In Stamford’s South End, manufacturing is making a comeback.
GE Appliances, which is owned by Chinese consumer-goods company Haier, plans to open early this summer a small-appliances “microfactory” within a 67,000square-foot facility known as CoCREATE Stamford. In addition, a maker space and “experience center” are expected to open at the site later this year.
The complex at 49 John St., will mark the first in Connecticut for the Louisville, Ky.-headquartered GE Appliances — with plans to initially create 25 jobs at the new location.
MillerKnoll
The Village, a mixed-use complex covering more than 130,000 square feet that opened last year at 4 Star Point in the South End, is one of the largest commercial developments to emerge in recent years in Stamford.
It is now fully leased, and its upcoming arrivals include fur
nishings-and-design firm MillerKnoll. The company has leased more than 25,000 square feet for its global retail business, with plans to open those offices within the next few months — with seats for up to approximately 300 employees. The Village will also house the company’s offices that were formerly located in a neighboring building at 711 Canal St. A store for MillerKnoll brand Design Within Reach still operates at 711 Canal.
Mirador LLC
Mirador, which provides managed services to the wealth management industry, is growing quickly — so much so that it expects to add 250 jobs in Connecticut during the next three years.
To support the growth, it plans to open by the end of this summer offices covering more than 20,000 square feet at 850 Canal St., in the South End. It will relocate from 10 Corbin Drive in downtown Darien where its main offices have been based since its 2015 founding.
ITT
The relocation of manufacturer and technology-services provider ITT’s headquarters from White Plains, N.Y., shows Stamford’s ability to compete with other cities surrounding New York City.
ITT has announced a late May opening for its new 24,000-square foot headquarters at 100 Washington Blvd., in the South End, where 75 employees will be based.
Philip Morris International and WWE
After languishing empty a few years ago, the downtown complex at 677 Washington Blvd. has undergone a revitalization.
The newcomers include the sports-entertainment powerhouse WWE and tobacco giant Philip Morris International, which have both signed headquarters leases at 677 Washington.
Now based in Manhattan, PMI plans to open by October its new offices, which cover more than 70,000 square feet. It plans to bring about 200 jobs to the state.
WWE, whose marquee events include WrestleMania, is aiming to open its new headquarters by the fourth quarter of this year. The approximately 400,000-squarefoot hub will include production space in the sprawling pavilion adjacent to the property’s office tower.
The company is now headquartered about two miles east at 1241 E. Main St. Approximately 700 of its employees were based in the city, as of the third quarter of 2021, according to the Stamford Office of Economic Development.