Waterbury rejects developers’ plans for former Anamet factory site

City officials are back to the drawing board after rejecting two requests for proposals from Cornerstone Realty and Industrial Realty Group, a Los Angeles-based developer, to redevelop the former Anamet factory site at 698 South Main St. City officials said Anamet, a 17-acre brownfield site, including a 180,000-square-foot high bay building, is crucial to revitalizing the South End. The Anamet site is owned by 698 South Main St. Inc., which was set up by the city to hold the property. Local city officials and experts said the time and development of such sites are not cut and dry, mainly due to their complexity, as contaminants can be found at later stages and the risk and liability of such sites. To date, $9.5 million has been received for work toward its rehabilitation, most of which has been spent, Hyde said. It will cost another estimated $5 million to clean up and remediate the site.

Waterbury rejects developers’ plans for former Anamet factory site

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