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
The developers of Smiler’s Wharf are seeking to rezone the Seaport Marine property so they can build a hotel, restaurant, housing, public boardwalk, boat basin and an open air plaza.
Stonington Middle School will offer a wide array of 27 new courses this fall while the high school is launching a manufacturing program.
Beverly Herbert, left, talks to Nancy Langlois as she looks at her quilts during the Hodges Square Arts & Crafts Exhibit in New London on Sunday.
The Mohegan-Pequot Model Railroad Club will hold an open house from noon to 4 p.m. Saturday at its clubhouse in the Tally Ho Mall at 73 Route 2, Preston.