Bozzuto and Kimco Realty have finalized a joint venture to deliver a new mixed-use community in Wilton, CT, advancing the repositioning of an existing office asset within Fairfield County. The partners plan to develop 168 apartment residences alongside approximately 11,000 square feet of ground-floor retail space on a 5.62-acre site within the Kimco Wilton Office Campus on River Road. The initiative represents a shift in use on the campus, as the planned development replaces part of an existing office property with a residential-led, retail-supported program.
This latest project marks the third joint venture between Bozzuto and Kimco, underscoring an ongoing relationship between the firms as they pursue mixed-use strategies. The new community will rise immediately adjacent to Kimco’s Wilton River Park Shopping Center, a neighborhood center anchored by Stop & Shop. By situating new residential units next to a grocery-anchored retail asset, the venture is designed to link daily-needs shopping with nearby housing, creating additional foot traffic for the retail while offering residents convenient access to services.
The site benefits from several recreational and open-space amenities in its immediate surroundings. It sits directly across from Schenck’s Island Park and the Norwalk River Valley Trail, providing residents with nearby outdoor and trail connections. In addition, the property is located roughly a mile from Wilton’s Metro-North train station, placing future residents within accessible distance of regional commuter rail service. This location ties the project into the broader transit network serving Fairfield County and the greater New York metropolitan area.
Kimco Realty CEO Conor Flynn described the Wilton initiative as an example of the company’s focus on unlocking the highest and best use of land it already controls around its shopping centers. He noted that reinvesting in the Wilton River Park area, particularly at a Stop & Shop-anchored property that serves neighborhood shopping needs, is intended to create lasting value and reinforce the performance of the grocery-anchored center. Flynn also highlighted Bozzuto’s residential expertise as a key element in executing the joint venture’s vision for the mixed-use community.
As the project moves forward, the Wilton Office Campus is set to evolve from a purely office-focused environment into a more diversified mixed-use setting that combines housing, retail, and access to nearby parks and trails. The venture reflects how existing office properties in suburban locations can be repositioned to incorporate residential density and support neighborhood-serving retail under a single coordinated plan.
