Norwich — The Norwich Neighborhood Growth Corp. is contemplating buying a greater than 400-acre web site in Occum the place a luxurious golf and condominium resort had as soon as been proposed, to develop town’s second enterprise park.
The location contains the previous Tarryk and DoLittle farms on Canterbury Turnpike and Lawler Lane that run alongside Interstate 395, and several other properties off Route 97. It’s thought-about the biggest undeveloped tract in Norwich.
Two New York builders had acquired the land for the proposed luxurious golf course and condominium mission, owned by Byron Brook Nation Membership LLC. Further land was acquired by builders Joseph Manzi and Robert Arnone beneath the possession title M&A Holding for proposed industrial growth off Route 97.
The NCDC Board of Administrators on Sept. 24 voted to authorize signing a purchase order and sale settlement with Byron Brook Nation Membership LLC for an undisclosed quantity of the property. The board licensed two one-year choices, the primary expiring in December 2021 and the second in December 2022 to permit time for town to research whether or not making a second enterprise park there’s possible, NCDC Lawyer Mark Block stated Thursday.
The acquisition and sale settlement may very well be signed by early subsequent week, Block stated. The acquisition value and the price of the choices was not disclosed.
“We’re within the strategy of figuring out whether or not this property is totally developable, as we predict it may be,” Block stated. “Whether it is, we’d train the settlement to buy. If not, it is not going to be bought. We imagine it is a chance we have to benefit from, as a result of town doesn’t have one other giant tract of land much like the Norwich enterprise park.”
The nation membership mission was scaled again after which withdrawn in the summertime of 2010, with the builders citing the Nice Recession that began in 2008 as the explanation. The property was put in the marketplace for $13.75 million in 2011.
In 2018, a Portland, Oregon agency secured an choice to discover a attainable photo voltaic array mission on 271 acres of former farmland and woodland on the property, however that did not come to fruition.
The NCDC board, the Board of Public Utilities Commissioners and the Metropolis Council have mentioned the difficulty in govt session at instances since July of 2019, when NPU agreed to spend as much as $250,000 to research the feasibility of extending utility companies to an undisclosed space not totally served within the metropolis.
On Jan. 28, the utilities commissioners added $250,000 to the investigation for a complete of $500,000, with plans to replace the Metropolis Council on the standing of the mission within the fall.
NPU spokesman Chris Riley stated NPU made financial growth the utility’s prime precedence in its strategic plan. He stated NPU’s $500,000 funding helps NCDC: “consider a possible alternative that will create new jobs and tax revenues for the Metropolis in addition to generate new revenues for NPU,” Riley stated.
The Metropolis Council on Monday went into govt session to debate “the acquisition of actual property or pursuits in actual property when adversely affect the worth of the identical; to debate preliminary drafts of proposals regarding the growth and use of the property; to debate engineering or feasibility estimates and evaluations, together with perspective public provide.”
Together with metropolis leaders, NPU Normal Supervisor Chris LaRose, utilities fee chairman Robert Staley — each additionally NCDC board members —and NCDC legal professional Block attended Monday’s govt session.
Mayor Peter Nystrom stated Thursday the feasibility research “speaks to town pursuing a attainable growth.” He stated he continuously will get calls from potential builders asking about land within the metropolis obtainable for growth, of which there’s little or no, Nystrom stated.
“As a way to try this, you don’t simply soar in,” Nystrom stated. “It’s important to do the evaluate, decide any prices. NPU determined to take a proactive function in that.”