Village on Thames at Fort Trumbull groundbreaking, closing delayed
New London — Monday's groundbreaking for Village on Thames in Fort Trumbull is delayed after developers failed Thursday to show proper financing for the 34-unit housing project.
A closing to transfer the property to the Stillman Organization scheduled for today was postponed, according the Renaissance City Development Association. Monday's groundbreaking is also delayed, said Karl-Erik Sternlof, the RCDA's vice president.
Mayor Daryl Justin Finizio issued a statement that said, in part, the city had fulfilled its obligations under the development agreement with Stillman, and "the responsibility now lies with the developer to provide adequate financial representations to proceed."
Stories that may interest you
There's nothing Groton's Barbara Frucht doesn't love doing for the community
Groton City resident Barbara Frucht. who was recently honored with the Jacqueline B. Nixon Community Service Award from Groton Utilities, can’t sit back and not raise her hand when she sees there is a need to help.
Norwich City Council approves $800,000 support for $8.8 million Main Street development
Developer Norwich Luxury Apartments LLC has proposed renovating the two buildings into 42 market rate apartments and eight commercial spaces on Main and Water streets.
A decade in the making, Waterford Mural Wall to be unveiled Saturday
A public celebration for the new, permanently installed ceramic art mural at the town's Community Center will be held Saturday, Sept. 25, at 1 p.m.
DEEP holds forum on climate change in New London and Groton
Local officials and stakeholders addressed climate change from a community angle in the virtual event.
READER COMMENTS