WPCNR THE DEVELOPER NEWS. By John F. Bailey. February 12, 2008: In December when Louis Capelli, the White Plains “Super Developer,” opened The Ritz-Carlton Westchester in the city with Simon Cooper, President and CEO of the The Ritz-Carlton hotels, Mr. Cappelli announced he was talking with them about building another hotel in Stamford.
Mr. Cappelli told WPCNR today he is signing an agreement with The Ritz to build a complex in White Plains’ rival city, Stamford, Connecticut tomorrow.
“We’ve agreed that we’re signing documents tomorrow for a Ritz-Carlton,” the Super Developer told WPCNR, “The Ritz-Carlton was such a beautiful model in White Plains for us, that we’re building a Ritz-Carlton hotel and towers in Stamford too. Same size, double towers. It was such a successful project, we’re breaking ground in about three weeks.”
The hotel in the works for some time is to be built on the site of the old post office in Stamford on Atlantic Street, adjacent to the Bank of Scotland building, which also houses the UBS trading floor. The hotel was originally planned for 150 suites.