Serving as Bond Counsel for the Steel Point Infrastructure Improvement District

In 2021, we served as bond counsel in the issuance of approximately $48 million of bonds by the Steel Point Infrastructure Improvement District (the “District”), comprising 44 waterfront acres in Bridgeport.  Proceeds from the bond sales were used for public improvements necessary to foster private development within the District.  Our attorneys drafted enabling legislation creating the District and have served as its financing and bond counsel since its inception.  To date, the developer has built an upscale marina, marina building and restaurant, a Bass Pro Shops and adjacent retail.  Future phases envision 1,500+ units of housing, a hotel and additional retail space.