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Plans call for the construction of a five-story mixed-use building featuring 75 apartments and retail, pending Planning & Zoning Commission approval.
All told, the state awarded $2.95 million to seven projects throughout Connecticut, encompassing 59 acres of development.
The latest round of funding will see an investment of up to $4 million for remediation projects, with up to $1 million of that amount reserved specifically for assessment projects.
The city estimates the new Danbury Transit Center would cost $27-30 million, not including the costs of acquiring some surrounding property and environmental clean-up.
Sen. Chris Murphy has introduced legislation that would revive two expired tax incentives designed to spur the clean-up and redevelopment of contaminated industrial sites.
Upon completion, the 136-unit Washington Village public housing project will be replaced by a 273-apartment complex.
Stratford’s contaminated industrial Contract Plating site lay in decay for years, but in a matter of weeks the main building of the site will be reduced to rubble.
A total 20 sites in 16 communities around the state will receive brownfield remediation and redevelopment funding totaling $27 million in grants and loans.