HARTFORD, Conn. – Gov. Dannel P. Malloy delivered some good news to the most distressed municipality in the state Monday when he announced that the state planned to spend about $19.2 million in Waterbury buying up properties, renovating old ones, and improving transportation options.
The project, which is being nicknamed “Waterbury Next,” includes a handful of ideas from redeveloping the historic Howland Hughes building for $5 million to demolition of the long-closed Prospect Street garage for $1.2 million. The project also includes about $4 million in infrastructure improvements, $1 million to purchase a brownfield, $1 million to purchase the historic Rose Hill campus, and $25,000 for pre-development of the Brown Building. The total cost of those projects is about $12.2 million.
Monday’s announcement was made under a tent on the city green.
The state also plans to spend about $6 million to $7 million on improving the signalization for the Waterbury branch of the New Haven Rail Line.
See the complete story at CT News Junkie.
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