State officials are committing themselves to a massive $22.5 million investment in the economic development of Bridgeport’s waterfront — the razing of an industrial landmark, the closed coal-fired power plant. On Tuesday members of the board of the Community Investment Fund voted without debate to spend over $101.3 million on nearly two-dozen projects around Connecticut. By far the largest amount on the list is the $22.5 million to demolish the PSEG-owned plant. One of the details is the true cost of demolition. He said the $22.5 million figure was based on a “rough estimate” provided by an unidentified company with experience razing coal-fired power plants. However, Gaudett noted, that company did not have access to the actual property.
https://www.stamfordadvocate.com/news/article/ct-bridgeport-pseg-power-plant-demolition-18388093.php