GREENWICH — Now in its fifth variation, a much smaller development project is being proposed at the bank lot off 240 Greenwich Ave.
The latest version of plans for the site, which has faced considerable opposition from a nearby condo association, are much more modest than earlier plans that called for as many as 60 units there. One plan called for a six story building at the site.
The new plans submitted to the town planning department in December call for 12 residential units in a three-story building measuring 47 and a half feet tall. The project, known as the J Lofts on West Elm, is slated for the Bank of America parking lot and drive-thru facility. The historic bank would remain under the building scheme, and it would be preserved in perpetuity. The distinctive bank building was designed in the Beaux Arts style by architect Alfred Bossom in 1916…