Business park in Occum still in the works

On Sept. 30, the latest amendment to the Agreement of Sale of land from Byron Brook Country Club, LLC and M&A Holdings, LLC to the Norwich Community Development Corp. (NCDC) was signed, and was made public last Friday. NCDC, along with Norwich Public Utilities, has been working on developing a second business park in Norwich. The amendment states that NCDC has until Dec. 15, 2022, to make sure that the land is feasible for construction, which is currently when the decision to buy will be made. The land in question held by Byron Brook Country Club, LLC and M&A Holdings LLC is in Occum. The properties in particular are on Scotland Road, Lawler Lane, Canterbury Turnpike and Bromley Lane. The owners originally bought the land for building 658 apartments with a golf course and country club, which was expected to cost $200 million. However, due to the economic downturn in 2007, the developer tried to change the project. The project was officially cancelled in 2011, after Norwich released $1.5 million in bonding back to the developers.

https://www.norwichbulletin.com/story/news/2020/11/12/second-norwich-business-park-still-works/6236011002/

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