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Waterbury officials approve $2.1M utility upgrade to help Drew Marine and Eemax

Waterbury economic development officials have signed off on tapping $2.1 million in state assistance to provide extra water and electrical capacity for two important manufacturers. The Waterbury Development Corp. Board of Directors unanimously agreed Friday to use $2.1 million approved in July by the state Bond Commission. The Urban Action Grant will pay for a new water main and electrical transmission upgrades serving the 209,186-square-foot industrial building at 400 Captain Neville Drive.
United States Jeffreyd Mclellan Catherine Awwad Timo Makkonen Jonathand Albert Thomas Hyde

Borough redevelopment project underway after sale of land

By Andreas Yilma Citizen's News NAUGATUCK -- Borough officials have reached an agreement with Lanxess Corp., a successor to Uniroyal Chemical, to acquire roughly 86 acres off Elm Street between the Naugatuck River and Cherry Street Extension for $1 to begin the Naugatuck Industrial Commons Redeve
Naugatuck River United States Rosac Rebimbas Burgess George Mudry Andreas Yilma N Warren Pete Hess

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Amazon's distribution center expansion pullback inspires apprehension in towns eager for growth

Amazon’s plan to curb its aggressive logistics network expansion following a $3.8 billion first-quarter net loss has sent tremors of unease through some Connecticut communities where the e-commerce giant was eyeing new distribution facilities — a potential source of significant new jobs and tax revenues. In Plainfield, Town Planner Mary Ann Chinatti read with apprehension news spilling out of Amazon’s April 28 earnings report. A roughly 200,000-square-foot “last-mile” fulfillment cente...
New York United States Sevastopol South Windsor Mike Goman Phil Digennaro

New $875M state fund to pay for infrastructure, brownfields and more in "historically underserved" communities

Hartford, Waterbury, New Haven, New Britain and 41 additional “historically underserved” communities in Connecticut can now apply to an $875 million state grant pool for community investments. The taxpayer-funded “Community Investment Fund 2030” could help eligible municipalities and their economic development agencies pay for infrastructure upgrades, brownfield remediation, public facilities, new affordable housing and small business assistance programs.
New Haven United States New Britain Matt Ritterd Hartford Thomas Hyde Erin Stewart

Waterbury aldermen OK agreement to allow study of Amazon site

NAUGATUCK -- Borough officials approved to sell land in the Naugatuck/Waterbury Industrial Park to Bluewater Property Group to allow the development company to officially begin a due-diligence phase and determine if plans to build an Amazon distribution facility are feasible. The Board of Mayor a
Burgess Charlesp Marenghi N Warren Pete Hess Christina Bernardin Elizabeth Melendez Thomas Hyde Len Yannielli

Waterbury and Naugatuck leaders approve $2.5M sale of land for Amazon development

Municipal leaders in Waterbury and Naugatuck signed off on a $2.5 million sale of a 157-acre property with portions in both communities for redevelopment into a massive Amazon distribution center. The approval sets off a due diligence period of up to 18 months for Bluewater Property Group, the Pennsylvania-based developer behind the Amazon proposal. Bluewater would have another year to begin construction, Hyde said.
United States Ned Lamont Thomas Hyde Bluewater Property Group Naugatuck Valley Regional Development Corp Naugatuck Board

Amazon distribution center developer purchases land from Waterbury

The municipalities of Waterbury and Naugatuck have each approved a purchase agreement deal with Bluewater Property Group, a hopeful developer of the next Amazon distribution center in the state. But the developer must spend millions to determine if they can build.
Naugatuck River United States Bilal Tajildeen Thomas Hyde Bluewater Property Group Naugatuck Valley Regional Development Council

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