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In 2001, the city began a renovation project, partly funded by state grants. [3] The City of Stamford established the Old Town Hall Redevelopment Agency in 2006 to oversee three limited-liability corporations to whom ownership of the building was transferred as part of the project. [3] The renovation was completed in 2010.
Stamford (/ ˈ s t æ m f ər d /) is a city in Fairfield County, Connecticut, United States, 34 miles (55 kilometers) outside of New York City.It is the sixth-most populous city in New England.
Stamford retains its strong-mayor form of government today. [1] The mayor appoints the departments heads, acts as chief executive officer of the city, and is responsible for presenting the budget to the board of finance, city council, and planning board. [1] The city council approves the budget and passes ordinances and resolutions. [1]
The economy of Stamford, Connecticut is robust and is considered an anomaly for having a large number of corporate headquarters in a city of its size. In the 1980s and 90s, Stamford had the third highest concentration of Fortune 500 companies in the country, with 18 companies headquartered in the city.
Stamford in the 1960s was a residential suburb of New York City, with a few industries and research laboratories, but of Stamford's downtown was razed and rebuilt it with modern skyscrapers, and several major corporations moved their headquarters to Stamford, creating one of the largest corporate concentrations in the United States. [16]
David R. Martin (born February 23, 1953) was the mayor of Stamford, Connecticut, from 2013 to 2021. [1] A Democrat, he was elected Mayor of Stamford in November 2013 in a four-candidate race with approximately 48% of the vote.