June 28, 2023

CT Construction Digest Wednesday June 28, 2023

INSIDE AMERICA'S BIGGEST ASPHLAT COMPANY

CLICK LINK FOR VIDEO


Seymour road project could clear way for 200-acre, Quarry Walk-like development 

Donald Eng

SEYMOUR — A plan to develop more than 200 acres got closer to realty with the recent announcement of $3 million in federal community project funding.

But U.S. Rep. Rosa DeLauro, D-Conn., said the money to build an access road connecting two Valley towns is about so much more than pavement. It's about access to a better life.

"Every day there's an article in the paper about the housing crisis affecting families," DeLauro, who represents the 3rd District, said at a press conference inside Seymour Town Hall Tuesday. 

The planned two-mile road connecting Route 67 in Seymour and Route 42 in Beacon Falls, DeLauro said, would open up access to a future development similar to the nearby Quarry Walk in Oxford, which was built on the site of the former Haynes Stone Quarry, and includes a mix of retail, light industrial and residential use.

Tom Haynes, whose company Haynes Construction built Quarry Walk, called the planned 220-acre development on the Seymour, Beacon Falls line a blank canvas where the company could apply the lessons learned at Quarry Walk.

"That project was 30 acres," Haynes said. Construction involved creating a separate company with 300 employees, he said. Since completion, the site now includes retail, restaurants, housing, offices and a 30,000-square-foot medical building.

"That project now has over 2,000 jobs, the majority of which didn't exist before," he said.

The 220-acre site would also have the additional advantages of a location along the Naugatuck River with access to the Waterbury rail line.

Construction along the rail line makes economic sense, said Rick Dunne, executive director of the Naugatuck Valley Council of Governments.

"The least expensive, most efficient way to move people is by rail," he said. "We need to build affordability around transportation."

Haynes said he envisioned a mix of market-rate housing and other more affordable options, dubbed "workforce" housing.

"We intend to have a lot of housing that anyone would want to live in, and mixed in with an entire community," he said.

In addition to affordable housing, David Morgan, CEO of  Valley-based TEAM Inc., said transportation options, such as a rail line, within walking distance would be an added boost by reducing commuting cost. Workers could either live near their workplace or use the train to commute.

The bottom line though, is an increase in housing options, he said.

"All roads lead to housing," he said. "We need to address housing if we're truly going to have an economic boom."


Bronin eyes tax deal for Parkville mixed-use development

Hanna Snyder Gambini

artford Mayor Luke Bronin is proposing a tax agreement between the city and a major city developer to facilitate a new Parkville area mixed-use project.

Bronin has requested the city council authorize him to enter into a tax-fixing agreement, purchase and sales agreement, development agreement, and ground lease for 17 Bartholomew Ave.

The underutilized downtown parking lot is owned by Carlos Mouta of 17-35 Bartholomew Avenue LLC, who is seeking a public/private partnership with the city in his vision for a $16.72 million mixed-use development in the Parkville Arts & Innovation District.

The district has been identified as one of the city’s 10 transformative project areas with an eye toward building on “existing assets to create a more sustainable, prosperous, equitable and vibrant community within the Parkville Neighborhood.”

Mouta plans to subdivide the property into two parcels.

The Parcel A  project will be partially financed with a $5.5 million CT Communities Challenge grant to help build 57 apartments, 30% of which would be affordable, and first-floor commercial space in a new multi-story building.

Parcel B would become a public parking garage for 350 to 400 vehicles. 

Mouta said the support from Bronin and the city for this development “has been amazing.”

“This is a huge project,” Mouta said. “We need housing, and this helps toward that goal. And it comes with a parking garage, which is really going to help businesses around there, including the Parkville Market.”

Parcel A will require a 15-year tax abatement, the details of which were not disclosed because Mouta and city officials are still finalizing the terms, he said.

The agreement could start with Mouta paying 35% the first year, with that percentage increasing annually until the full tax amount is paid out by year 15, he said.

The city would take ownership of Parcel B and enter into a development agreement and long-term lease of the parking garage that has Mouta and the city splitting parking revenues 50-50.

Residents of the Bartholomew apartments could buy spaces, and visitors could pay a daily rate, Mouta said.

Mouta said parking is imperative to the success of new and existing businesses in the Parkville Market area.

The development is designed to maximize use of the adjacent CTfastrak station, while building upon the recent successes of the Parkville Arts and Innovation District initiative.

The proposed tax fixing and development agreements for both parcels “will result in the development of an underutilized surface lot within a prominent and heavily traveled corridor, produce additional mixed affordable housing units, provide district-wide parking, and create long-term revenue to the city in the form of PILOT payments from Parcel B,” according to a city resolution.

The development deal also requires Mouta to comply with the Hartford Affirmative Action Plan, minority contractor hiring and living wage mandates. 

The agreement will go to a public hearing July 17. Mouta said he’d like to see a groundbreaking by the end of the year.