Aug. 27--BRIDGEPORT -- Waterford and Montville are among sixteen municipalities throughout the state to receive allocations in the state's latest release of grants and loans for brownfield remediation and redevelopment projects, according to a press release from the office of the governor.
Governor Dannel P. Malloy announced in Bridgeport today that the Connecticut Department of Economic and Community Development (DECD) has awarded a total of $27 million in grants and loans to 20 projects.
"Many of Connecticut's brownfield sites have been abandoned or under-utilized for decades because the costs of redeveloping these properties are too expensive for municipalities or private developers to take on by themselves," said Malloy in the release.
Waterford is slated to receive a $525,000 grant for the completion of the remediation and rehabilitation of the 28.3 acre former Cohanzie School. Centerplan Companies has an option to purchase the property from the town at a cost of about $1 million and plans to build a $20 million 154-unit market-rate rental complex on the property.
Montville is slated to receive a $355,560 grant to complete remediation of a 1.1 acre parking lot attached to a property the town is leasing to a design firm.
Impulse Design, which designs and fabricates trade show displays, is located in a building located on the property and has been leasing the building with parking lot from the Town of Montville for about five years now, according to Mayor Ronald McDaniel. He said the firm intends to purchase the property once the remediation process is complete.
McDaniel said the process for receiving the latest grant was competitive and that the town will use the new grant to pave over the affected area.
"We're very excited to be able to complete this project," he said.
For both Waterford and Montville, the latest brownfield allocations comprise a second round of state funding for each project. Montville previously received a $165, 000 grant and $55,000 loan from the state for remediation of the parking lot, and Waterford previously received $457,500 for cleanup of the property of the former school.
Malloy referred to the allocation of funds as "the largest round of brownfield remediation funding ever in the state's history." The state has allocated almost $90 million to brownfield cleanup since 2011, he said in the release.
In May, the governor announced that DECD would be accepting applications for up to only $20 million of brownfield project money, but awarded more than the allotted funding "based on an extremely strong group of applications and available funding," according to the release.
Awards made under this round of funding may be used for a range of brownfield remediation and redevelopment activities, including abatement, demolition, site investigation and assessment, groundwater monitoring, installation of institutional controls, and professional services fees associated with redevelopment including attorney's fees, and planning, design and consulting fees, according to the release.
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