Developer with plans for Howard Street apartments pulls out
New London — Plans for the 202-unit residential complex on Howard Street, first pitched in 2016, are officially dead.
Developers of the multifamily housing project called Shipway 221 have notified the city’s development arm, the Renaissance City Development Association, they are unable to bring the project to fruition.
The development would have been the first “out of the ground” project in the Fort Trumbull Municipal Development Plan but had been plagued by delays as the financial backers, the Tagliatela family, sought partners in the venture.
A development agreement between Shipway and the RCDA was set to expire on Aug. 30.
Mayor Michael Passero, in a statement released Friday, said Shipway has offered plans, surveys and market studies to any future development approved by the RCDA.
RCDA Executive Director Peter Davis has said interest in the parcel, land that was formerly home to Hughie’s restaurant, remains high.
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