In his new job as the city’s economic development director, William Wallach will help decide the future of the recently demolished Torrington Company Standard Plant. Demolition of the Standard Plant on North Street, a project that began in October 2023, was completed at the end of July. To help finance the estimated $4 million demolition, the DECD provided a $2 million Brownfield Remediation Grant for IRG Realty Advisors LLC, representing Torrington Standard LLC, owner of 70 North St. The property owner, Torrington Standard LLC and IRD Realty Advisors, ran the demolition project with Manafort Brothers Construction, razing 24 of the 26 buildings. Two buildings remain standing, and one is occupied by a manufacturer, Wallach said. Now, the 9.4-acre property offers nearly 500,000 square feet of space and is a blank page awaiting its next iteration, Wallach said.
https://www.stamfordadvocate.com/news/article/torrington-new-economic-development-chief-demoliti-19582487.php