Bridgeport gets $200K to clean up ex-Remington site for redevelopment
Posted in the Trumbull Forum
#1 Apr 16, 2014
Fitch want expensive Condos I smell some corrpution into this.
BRIDGEPORT - It was going to be a transformative project for the South End and the city as a whole.
Five high-rise residential towers, between 15 to 35 stories tall, along the waterfront that would change Bridgeport's skyline and prove to the world the city was becoming the place to live, work and play.
But as Park City residents well know, it can take some time before developers' and elected officials' dreams for the next big project are translated into actual bricks-and-mortar buildings.
It's been seven years and an economic crash since Westport Property Management received its zoning approvals to build a $500 million development at the vacant Remington Shaver plant. Now, the project is showing signs of life.
On Wednesday, the state awarded Bridgeport $200,000 to move forward with cleaning up the dilapidated factory at 60 Main Street in preparation for a ground breaking.
A spokesman for Westport Property Management could not immediately be reached for comment.
But David Kooris, Bridgeport's head of economic development, said his office "restarted conversations" with the owners about six months ago, and they have been breaking the 2007 vision for the 13 acres into more manageable pieces.
"It just kind of died with the crash," Kooris said. "They've been carving out a Phase 1 proposal that could be built in this market that would build demand for future phases."
That, Kooris said, will likely include 200 housing units, some retail and public access to the water.
"The project was initially proposed as market-rate condos," Kooris said. "Obviously, we think at least the early phases will be rental given the current market."
While the city has been pursuing affordable housing options in other parts of the South End, Kooris said the hope is to keep the Remington Shaver project market rate.
"We want to create new opportunities for people to move into the city with additional spending power and we think this site, given its scale, location and context, is one of our best opportunities to do so," he said.
Sandwiched between downtown and Seaside Park, and home to the University of Bridgeport and vacant brownfields like the Remington plant, the South End is viewed by many as teeming with development potential.
Omari Omy, a sophomore at the neighboring University of Bridgeport who was walking past Remington Wednesday, hoped the final plan will include restaurants.
"Restaurants would be awesome," Omy said. "There's nothing much to eat around here accept for the dining halls that we have."
Rev. Carl McCluster, a South End community leader, called Remington "one of the prime spots in the city."
"They're not making any more coastline. It's right there next to the park and only six blocks from downtown, walking," he said. "That development, if it's done right, could be a next step in continuing to transform the South End."
#2 Apr 17, 2014
That would just about cover the amount needed to clean my apartment
#3 Apr 19, 2014
Those funds would be more wisely spent on auction overhead costs and marketing expenses related to the buying and selling of Negroes.
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