by Kimberly Glassman | Aug 31, 2023 | Uncategorized
West Hartford 1 LLC – which paid $2.75 million for the 57-acre campus along Asylum Avenue in 2021 – shared a plan in February mixing 492 apartments with retail, restaurants, a large medical office building and a grocery store. A new plan, which is scheduled for review...
by Kimberly Glassman | Aug 31, 2023 | Uncategorized
Nearly $11.9 million awarded to the Norwich Community Development Corp. by the state to build the first half of an access road into the proposed second business park in Occum will come as reimbursement for work done, prompting the agency to seek a line of credit from...
by Kimberly Glassman | Aug 31, 2023 | Uncategorized
Denmark’s Orsted (ORSTED.CO), the world’s largest offshore wind farm developer, said on Wednesday it may see U.S. impairments of 16 billion Danish crowns ($2.3 billion) due to supply chain problems, soaring interest rates and a lack of new tax credits....
by Kimberly Glassman | Aug 31, 2023 | Uncategorized
Ørsted, the Danish utility that Gov. Ned Lamont has lavishly accommodated with more than $300 million in renovations to New London’s State Pier, made a bombshell disclosure Tuesday that its U.S. offshore wind projects are in peril, facing a $2.3 billion loss in value....
by Kimberly Glassman | Aug 30, 2023 | Uncategorized
Despite the addition of massive distribution centers near Bradley International Airport in recent years, Windsor Locks rejected a developer’s proposal to create a mega-warehouse along Route 20. Scannell Properties had forecast creating 200 temporary construction jobs...