Plans for major biotech park in Connecticut abandoned

Plans to develop a sprawling biotech park in Branford off of Interstate 95, which was announced last April with great fanfare, have been scrapped by the Minnesota-based developer that was proposing the project. A spokeswoman for Ryan Companies told Hearst Connecticut Media on Wednesday that the developer “is no longer pursuing the development.” She declined to comment on the reasons for Ryan Companies abandoning the project. When announced last year, the HealthTech Park project called for creating more than 500,000 square feet of laboratory space, research and development facilities for life sciences companies and some high-tech manufacturing related to the health care sector. The project was to have been built on a 120-acre site off of the Exit 56 interchange. Ryan Companies was working with Stamford-based Heinrich Partners to develop the project on land that includes the former Bittersweet Farm and is owned by Hamden-based Belfonti Companies LLC and A. Secondino & Son of Branford.

https://www.registercitizen.com/business/article/plans-for-branford-biotech-park-scrapped-19448291.php

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