State Pier redevelopment estimated to cost $235.5 million

The state has put a $235.5 million overall price tag on the project to redevelop State Pier into an offshore wind hub. The figure represents the actual cost of the redevelopment, with $204 million for the construction project and an additional $31 million for “soft costs,” Office of Policy and Management Deputy Secretary Konstantinos Diamantis said during a State Bond Commission meeting Friday. Among other items, the Bond Commission on Friday also approved additional requests from the port authority, including $5 million toward a project to dredge and improve navigation in New Haven Harbor, and $2,956,200 for the authority’s Small Harbor Improvement Projects Program, for projects in seven communities, according to the agenda. Groton City Mayor Keith Hedrick said the project, in the works for two to three years and intended to help revitalize Thames Street and draw people and businesses to the area, calls for an eight-slip boat dock and a study on how to configure Thames View Park and make it handicapped-accessible from Thames Street down to the dock.

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