SHELTON — The city is getting $1.5 million in state money to remediate contamination at a Canal Street site that will be home to a 48-unit condominium development. This $1.5 million for Shelton will be used in cleaning up the site at 255 Canal St., the future home to a five-story building on vacant land between the former Star Pin site and 235 Canal St., former home to APEX Tool & Cutter Co. “We’ve lost track at the number of grants that we’ve received. … The results can be seen in the new buildings that go up,” said Mayor Mark Lauretti, who has taken advantage of state and federal clean-up funds for the Canal Street revitalization. “This is money well spent again,” Lauretti said. “This is all 35 years in the making. … We’re in the homestretch.” Gov. Ned Lamont recently announced his administration was sending the $1.5 million to Shelton as part of $15.2 million in state funding to support assessment and remediation activities at 12 blighted properties across Connecticut. The goal, according to Lamont, is to help cover the costs of cleaning up unused, polluted parcels so they can be redeveloped and returned to productive use, including for the creation of new housing and other economic development and job growth opportunities. Sheila O’Malley, president of the Shelton Economic Development Corp., applied for the funds. Over the past year, SEDC has been awarded some $6 million in clean-up funds. Over the past three decades, the city has received more than $60 million. “This $1.5 million grant allows us to take a blighted acre of our industrial past and completely reimagine it for Shelton’s future,” said O’Malley.

https://www.stamfordadvocate.com/news/article/shelton-ct-canal-street-condo-grant-22310039.php