An $8.8 million redevelopment of two long-vacant Main Street buildings stands to become the first recipient of city grant and loan money through a revived economic development program if approved by the City Council. The project on Thursday received unanimous support from the Norwich Community Development Corp. board of directors for a $400,000 matching grant for building code corrections and a separate $400,000 loan. But the action is contingent upon the City Council’s approval of a plan to use $2 million of the city’s $14.4 million in American Rescue Plan grants to revive the former downtown revitalization program and expand it citywide. Norwich Luxury Apartments LLC purchased the two-building complex at 77-91 Main St. in early August for $1.8 million and is proposing an $8.8 million makeover of the 19th century buildings into 42 market-rate apartments and eight street-level commercial spaces.
https://www.theday.com/article/20210828/NWS01/210829458