In a recent town council meeting, Windsor officials approved a capital improvements program for the fiscal year 2024-2025, with a unanimous vote of 9-0. The council also introduced and approved a resolution to accept and expend a $2 million Brownfield grant from the State of Connecticut, aimed at environmental remediation of the former Stannadyne property located at 90 Deerfield Road.
Patrick McMahon, the town's Economic Development Director, provided an overview of the grant, which is intended to assist the developer, Industrial Realty Group (IRG), in transforming the site into the Connecticut River Business Park. This redevelopment project will feature a multitenanted industrial facility and is expected to enhance property valuation and create jobs within the community.
The grant will cover essential remediation work, including soil and groundwater cleanup and the abatement of hazardous materials. Notably, the town of Windsor will act solely as a pass-through entity for the grant, meaning it will receive the funds from the state and then disburse them to the developer without incurring any financial costs.
To facilitate the grant's acceptance and expenditure, the council scheduled a special town meeting for September 3, 2024, at 7:00 PM. This meeting will allow the community to formally act on the grant's acceptance, ensuring transparency and public involvement in the redevelopment process. The council's actions reflect a commitment to revitalizing the area while addressing environmental concerns.