Developer, New London agency to discuss what's up next for Fort Trumbull
New London - The Renaissance City Development Association and Riverbank Construction are trying to figure out what to do next, days after Riverbank's proposed housing development in Fort Trumbull fell apart.
Karl-Erik Sternlof, first vice president of RCDA, said Tuesday lawyers for both sides will meeting this morning to discuss the future of Village on the Thames, a 103-unit rental housing project.
"Conversations continue,'' Sternlof said. "Ultimately, we are seeking amicable solutions to this beautiful project."
He said the RCDA will provide a progress update after the lawyers meet.
Robert Stillman, an owner of Riverbank Construction, was named preferred developer in 2010 and proposed 103 housing units, which at first were going to be condominiums but later were described as rentals.
Stillman could not be reached for comment Tuesday.
A closing on the first 34 units of the project, which would have cost about $8 million, was canceled Thursday, and a groundbreaking scheduled for Monday also was postponed.
The executive committee of the RCDA rejected a proposal by Stillman to self-finance the project, saying the agency could not certify to the state Department of Economic and Community Development that certain terms and conditions were satisfied prior to the scheduled closing, as required by the development agreement.
Stories that may interest you
They spent a day off from school Thursday playing at Rocky Neck State Park.
New London Landmarks will host a free walking tour of Belden Street from 1 to 2 p.m. on Saturday, explaining ongoing preservation efforts along the route.
An area that includes Bluff Point, Haley Farm State Park and UConn's Avery Point campus in Groton and spots along the lower Connecticut River, as well as surrounding waters, could soon become Connecticut's first such reserve.
The Calkins Family Association purchased the Hugh Calkins House in June 2020 to save it from demolition and plans to open a genealogy center and museum. The group invites the public to take a peek Saturday.