Back on July 21, the Board of Mayor and Burgesses chose Pennrose, a real estate development company with its headquarters in Philadelphia, and the Cloud Company, a Hartford-based firm, to develop 7.75 acres at the corner of Maple Street and Old Firehouse Road, also known as Parcel B. Pennrose’s regional office in Boston would be working with the borough for the project. The state DOT has allotted funding for the relocation of the Naugatuck train station from Water Street near The Station Restaurant to Parcel B. This also comes after improvements and expansion of service to the Waterbury branch line of the Metro-North Railroad have taken place. Plans and designs for Parcel B are still being worked out as the Land Use department hasn’t received any formal site plan applications for Parcel B.
