The latest information about ongoing redevelopment projects will be updated here. Additional details are included in the monthly Economic Development Division Update.
Mystic River Bluffs (former Mystic Education Center)
The “Mystic River Bluffs” project is advancing. See the link for more project information https://resplerhomes.com/mystic-river-bluffs/ The largest focus recently has been on the zoning draft. This draft will be presented to the P&Z Commission late August or early September. Financing options are a focus including taxation and Tax Increment Financing.
Groton’s recreational consultant, Greenplay, completed the community wide recreational need survey and is providing results to staff. Respler is providing the results of the engineering analysis for the Pratt Building to staff. Fuss & O’Neil, Respler’s engineering contractor, has begun refining design and engineering concepts for the site. Most of 2020 will be used to complete the planning, design, engineering, permitting, and programming for the Mystic Education Center property.
Groundbreaking for Phase I is envisioned in 2021 starting with the adaptive reuse of all existing buildings plus installation of needed infrastructure. Subsequent development, primarily residential construction, is planned for Phase II.
Triton Square (former Seely School)
The “Triton Square” redevelopment project is advancing. Draft site plans are being shared for viewing prior to formal submittal. Don Mar Development Corporation will construct a 280-unit multi-family apartment development with amenities. Targeted future tenants are young professionals and “empty-nesters.” Pre-development work ongoing.
Groton Heights School
ThayerMahan, the selected preferred developer, and the Town are finalizing legal reviews on the Purchase and Sales (P&S). The property requires environmental remediation for lead and asbestos and the town is addressing the brownfield grant agreement with the state of CT and ThayerMahan.
ThayerMahan was chosen as the preferred developer of the Groton Heights Property after an extensive marketing effort, RFP issuance, and review of qualified proposals. The company will expand its Groton business by developing a second location at the Groton Heights property. This economic development project will provide office and floor space for corporate offices, research and development, engineering, and assembly uses. The project's first phase will involve the adaptive reuse of the existing 27,185 square foot building to allow the Groton business to expand including approximately 40 new high tech jobs.
ThayerMahan continues to make headlines as they sign memorandums of understanding with, most recently, PanGeo Subsea, iXblue, and Orsted.
Colonel Ledyard School
The preferred developer was introduced to the Town Council on July 7th in Executive Session. Next steps are for a future public meeting at which next steps and direction will be addressed.