Rivington Plaza

The Rivington Plaza, Junction of Reserve & Woodland Roads, Danbury, CT. Highly visible location at a major crossroads serving Rivington, Abbey Woods, Crown Point, and other ongoing residential developments.2.14 Acres for sale located in the fastest-growing part of Danbury. Highly visible location at a major crossroads serving Rivington, Abbey Woods, Crown Point, and other ongoing residential developments. The highest and best use is Convenience Retail. The compact Trading area is bounded by I-84, Old Ridgebury, Woodland, and Saw Mill Roads. Rivington contains about 2,000 condo and townhome units, with more on the way. Abbey Woods contains 470 apartments of 1-2-3 bedrooms, and Crown Point adds another 466 apartments of 1-2-3 bedrooms. The Summit contains 600,000 sq. ft. of office with hundreds of employees and the planned development of hundreds of new apartments and a Career Academy for hundreds of students. This is a retailer’s dream! A relatively small, contained market with no convenience competition. Using a conservative rule of thumb of 2.5 residents per unit this translates to 7,340 current customers with more on the way. The current and future Summit people are not included here and can be considered a bonus population. Consider that this is about half the size of some of the towns in our region, but they all are serviced by many more retailers.