CT Approves Meriden Redevelopment GrantNovember 20, 2017
Great news for Meriden. A $2 million grant has been approved for Meriden, 1 King Place. This will pay for abatement and demolition of a portion of a former hospital structure and parking garage on 5.6 acres to prepare it for private mixed-use redevelopment. This will help complete the required remediation of the site before it is conveyed to the city’s development partner.
About $13.6 million in state funding was announced today for 14 municipalities across Connecticut to assess, remediate and revitalize blighted properties in their communities – also known as “brownfields” – and put them back into productive use. The projects encompass 89 acres of redevelopment.
For every dollar the state has invested in brownfield redevelopment, non-state partners have invested or will invest $11.41. Since 2012, the State of Connecticut has invested more than $220 million in brownfield redevelopment, resulting in the creation of more than 3,000 permanent jobs and over 15,000 construction jobs in the state.
“The funding we are announcing today will positively impact cities and towns in a multitude of ways,” DECD Commissioner Catherine Smith said. “These 16 projects will help spur commercial activity, promote transit-oriented development, create new housing, curb blight, and address public health and safety concerns – all keys to boosting economic vibrancy.”
“Brownfields are a reminder of Connecticut’s proud industrial past, but in too many cases they have become a burden on communities and a threat to public safety, human health, and the environment,” Department of Energy and Environmental Protection (DEEP) Commissioner Rob Klee said.
“Redevelopment of brownfields is a wise investment that removes these threats and restores these properties to productive use. This takes advantage of existing roads, water, sewer and other infrastructure while lessening development pressure on open space. DEEP is proud to continuing working with DECD and our municipal and private sector partners on these important projects.”