Danbury’s Tuxedo Junction may soon be demolished for a bank
On Thursday 10/28/21, the Danbury Town Hall office held a press conference and issued a press release announcing the possible construction of a bank at the corner of Main Street and White Street.
As part of the large-scale plan, the famous Danbury Nightclub Tuxedo Junction is expected to disappear.
City officials joined with representatives from Danbury Savings Bank in sharing they would build a 35,000 square foot bank office in downtown Danbury. They shared an artist rendering of what the installation will look like (pictured below).
Present for the photo shoot were L to R – PJ Prunty – Chief Executive Officer of the Greater Danbury Chamber of Commerce, CEO of Danbury Savings Bank, Martin G. Morgado, Chief of Staff at Town Hall and Hope for Mayor Dean Esposito and Mayor of Danbury Joe Cavo.
The new building will house the Bank’s “non-branch back office operations team”. The bank office will be located where there are currently two adjacent properties, which are owned by the YMCA and the City of Danbury.
Martin Margado said this about the project:
“We are very grateful to Mayor Cavo and City Council, as well as the Regional YMCA of Western Connecticut for their collaboration as we undertake this new project. We will build a first class structure that will honor the legacy of this property and this city. Our new location will allow us to consolidate our off-branch back office operations and provide dynamic meeting space and operating facilities.As the oldest operating company in the town of Danbury, with a history dating back to 1849 , we are so happy that we have found the right location in the town of Danbury.
Danbury Mayor Joe Cavo added:
“We congratulate Savings Bank of Danbury on this exciting expansion project in our city center. This plan will result in additional employment opportunities and daily foot traffic, fueling the ongoing economic revitalization of the city center. The building would be located at the corner of Main Street and White Street with excellent visibility, creating an impressive gateway to downtown Danbury.
The YMCA used one of the properties for its Escape to the Arts program and the other property was Tuxedo Junction, but was purchased by the City in 2017.
I spoke to the Mayor of Danbury, Joe Cavo, this morning (10/29/21) around 5.30am to clear up some confusion. I was trying to imagine what a bank on the corner of Main and White Street has to do with an empty nightclub on Ives Street. I couldn’t make heads or tails out of them. I asked the mayor and he answered:
“Yes, the bank wants the property for some utilities and for about 15 parking spaces closer to the White Street side. The post office side will be a green area facing the post office walkway and green now, but ultimately they think they’re going to build the Tuxedo Junction property as part of the next phase of expansion. “
I asked for a timeline for the start of demolition and construction, Mayor Cavo said:
“Tuxedo and the old Feinson buildings are expected to fall soon, construction will begin in the spring of 2022. The construction schedule will be around a year and a half with opening sometime in the middle of 2023.”
The deal is not completely cemented, the mayor told me there were other steps to take, saying:
“All purchases must be done together. It will take a few months for the City to properly sell the Tuxedo coin. Ad-Hoc, a public hearing and a final city council vote. Danbury Savings Bank must also close the la The local property (s) as well. There are a lot of moving parts, but this is very achievable with the cooperation of all parties involved. “
It’s good that a business wants to invest in the city center, but it’s also a bit sad for those of us who have spent our weekends in Tuxedo Junction, famous for young locals for decades. Sometimes progress means letting go of the past and this building has been largely vacant since 2015, with the exception of a few recent comedy shows under the name “Joy Lounge”.
We were all waiting for someone to buy it in town, reopen it as “Tuxedo Junction” and bring back the nightlife, but this person didn’t come and it looks like they never will, he So it’s time to move one. The mayor underlined how great this can be for Danbury’s economy, saying:
“This will bring construction jobs, over seventy bank workers and much needed foot traffic to downtown Danbury. We are grateful to the Savings Bank of Danbury for their continued support to our great city.”
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