Issue link: https://nebusinessmedia.uberflip.com/i/1043657
12 Hartford Business Journal • October 29, 2018 • www.HartfordBusiness.com FOCUS THE LIST Brownfield redevelopment funding recipients (1) Ranked by total amount of funding, FY 2018 Source: Conn. Department of Economic and Community Development (DECD) brownfield portfolio report. (1) Conn. Department of Energy and Environmental Protection and the Department of Economic and Community Development's Office of Brownfield Remediation and Redevelopment (OBRD) work closely together to provide liability relief and financial assistance for cleanup and redevelopment of brownfields in Connecticut. For more information, contact Mark Lewis, 860-424-3768; mark.lewis@ct.gov. (2) Abatement, demolition and remediation. (3) Remediation and site clearance. (4) Remediation and reuse. —Compiled by Stephanie R. Meagher. Brownfield redevelopment funding recipients (1) (Ranked by total amount of funding, FY 2018) Rank Applicant/ Project Amount funded Type of assistance Funding source Total project cost 1 Town of Preston Preston Riverwalk (2) 14 Route 12 Preston, CT 06365 $10,000,000 Grant State Owned Properties Program $610,000,000 2 Town of Windsor Locks Montgomery Mills 25 Canal Bank Road Windsor Locks, CT 06096 $4,000,000 Loan Brownfield Remediation Program $52,731,247 3 City of Meriden Targeted Brownfield Loan & Grant Combo 1 King Place Meriden, CT 06451 $4,000,000 Grant & loan Brownfield Remediation Program $38,000,000 4 Taom Heritage LLC Clock Factory 133 Hamilton St. New Haven, CT 06511 $4,000,000 Loan Brownfield Remediation Program $37,868,000 5 Spectra 101 LLC Targeted Brownfield Development Loan 111 Pearl St. Hartford, CT 06103 $2,400,000 Loan Brownfield Remediation Program $21,660,000 6 Waterbury Development Corp. Targeted Brownfield Loan & Grant Combo 698 South Main St. Waterbury, CT 06702 $2,091,000 Grant & loan Brownfield Remediation Program $2,091,000 7 Northeast Neighborhood Partners Inc. Swift Factor 10 Love Lane Hartford, CT 06106 $2,000,000 Loan Brownfield Remediation Program $33,844,803 8 Norwalk Redevelopment Agency Municipal Brownfield Grant Round 10 10 Raymond St. Norwalk, CT 06854 $2,000,000 Grant Brownfield Remediation Program $3,475,000 9 Town of Sprague Baltic Mill 29 Bushnell Hollow Road Sprague, CT 06330 $2,000,000 Grant Brownfield Remediation Program $2,000,000 10 City of Hartford Municipal Brownfield Grant Round 11 393 Homestead Ave. Hartford, CT 06103 $1,900,000 Grant Brownfield Remediation Program $1,900,000 11 Spectra 111 LLC Targeted Brownfield Development Loan 111 Pearl St. Hartford, CT 06103 $1,600,000 Loan Brownfield Remediation Program $21,660,000 12 Colt Gateway LLC Targeted Brownfield Development Loan 140 Huyshope Ave. Hartford, CT 06106 $1,530,000 Loan Brownfield Remediation Program $13,629,543 13 169 Henry Street LLC Targeted Brownfield Development Loan 169 Henry St. Unionville, CT 06085 $1,085,000 Loan Brownfield Remediation Program $5,674,805 14 Cherry Street Partners LLC Targeted Brownfield Development Loan 375 Howard Ave. Bridgeport, CT 06605 $1,000,000 Loan Brownfield Remediation Program $26,125,000 15 Waterbury Development Corp. Risdon Manufacturing (3) 2100 South Main St. Waterbury, CT 06706 $1,000,000 Grant Brownfield Remediation Program $1,000,000 16 Town of Cheshire Ball & Socket Arts (4) 493 West Main St. Cheshire, CT 06410 $750,000 Grant Brownfield Remediation Program $750,000 16 Town of Plymouth Municipal Brownfield Grant Round 11 142 Main St. Terryville, CT 06786 $750,000 Grant Brownfield Remediation Program $750,000 18 Town of Killingly Municipal Brownfield Grant-Additional Funds 42 Maple St. Danielson, CT 06239 $600,000 Grant Brownfield Remediation Program $4,589,306 19 Town of Hamden Municipal Brownfield Grant Round 10 560 Newhall St. Hamden, CT 06517 $600,000 Grant Brownfield Remediation Program $600,000 20 Teacher's Corner Hartford LLC Targeted Brownfield Development Loan 370 Asylum St. Hartford, CT 06103 $560,000 Loan Brownfield Remediation Program $20,289,542 21 Town of Enfield Municipal Brownfield Grant Round 9 98 Prospect St. Enfield, CT 06082 $550,000 Grant Brownfield Remediation Program $882,000 22 Hancock Partners LLC Cherry Street Lofts 1325 Railroad Ave. Bridgeport, CT 06605 $500,000 Loan Brownfield Remediation Program $38,056,000 23 Hancock Partners II LLC Cherry Street Lofts 1325 Railroad Ave. Bridgeport, CT 06605 $500,000 Loan Brownfield Remediation Program $23,841,000 Source: Conn. Department of Economic and Community Development (DECD) brownfield portfolio report. (1) Conn. Department of Energy and Environmental Protection and the Department of Economic and Community Development's Office of Brownfield Remediation and Redevelopment (OBRD) work closely together to provide liability relief and financial assistance for cleanup and redevelopment of brownfields in Connecticut. For more information, contact Mark Lewis, 860-424-3768; mark.lewis@ct.gov. (2) Abatement, demolition and remediation. (3) Remediation and site clearance. (4) Remediation and reuse. —Compiled by Stephanie R. Meagher.