The City Council on Monday unanimously approved a development agreement with Optimus Senior Living Group LLC that details a set of requirements and benchmarks for construction of 104 housing units — condominiums or apartments — and a hotel with extended stay suites. Once approvals are in place, Optimus has three years to complete the project with incentives built into the agreement to make the project come to fruition even sooner. RCDA Executive Director Peter Davis said incentives of up to $100,000 off the purchase price could be obtained by Optimus if it submits design documents for review, obtains permits and closes on the property by the end of the year. It’s an admittedly ambitious schedule, Davis said, but he has assurances the company plans to move swiftly. Optimus, based in Southampton, Mass., has a portfolio of senior living facilities and in 2019 completed a 115-unit senior housing complex called Elmbrook Village in Bozrah at an estimated cost of $17 million. The City Council, which did not comment publicly on its unanimous vote on Monday, had previously approved the abandonment of a portion of East Street to help accommodate the development and reduce developments costs.
https://www.theday.com/local-news/20211019/city-approves-development-agreement-for-housing-hotel-at-fort-trumbull