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 a local bank to cover the initial work. NCDC received the $11.4 million grant from the state Community Investment Fund and a $500,000 Urban Act grant to cover the construction of the access road, infrastructure and utility installations from Route 97 in Occum westward into the business park property, ending just past the Canterbury Turnpike intersection. LaRose said the business park project and the new road will benefit the utility with new electric, natural gas, water and sewer lines into the new business park. The road design is undergoing state and local permit reviews this fall. NCDC has selected the national firm, Cushman & Wakefield Commercial Real Estate Brokers to market parcels in the business park for development.
https://www.theday.com/local-news/20230830/funding-plan-in-place-to-start-work-on-norwich-business-park-road/