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Redevelopment of the Former Gilbert & Bennett Wire Mill.

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Presentation on theme: "Redevelopment of the Former Gilbert & Bennett Wire Mill."— Presentation transcript:

1 Redevelopment of the Former Gilbert & Bennett Wire Mill

2 The Site 55 +/- Acre Brownfield located in Georgetown section of Redding, CT Home to the former Gilbert and Bennett Wire Mill Facility Current site use is mostly vacant old mill complex primarily used for storage

3 1989-Plant Closes

4 Existing Site

5 Local Involvement Town of Redding –Boards of Selectman and Finance –Planning, Zoning and Conservation Commissions Town of Weston –Board of Selectman –Planning and Zoning Commission –Conservation Commission Town of Wilton –Board of Selectman –Planning and Zoning Commission –Conservation Commission Town of Ridgefield –Board of Selectman –Planning and Zoning Commission –Conservation Commission Housatonic Valley Council of Elected Officials South Western Regional Planning Agency

6 State Involvement Connecticut Department of Environmental Protection (DEP) Office of Policy and Management Connecticut Department of Health –Asbestos Abatement Connecticut Department of Community and Economic Development –Small Cities Community Development Block Grant Connecticut Department of Public Utilities Control –Utilities Connecticut General Assembly –Special Taxing District Legislation Connecticut Department of Transportation –State Traffic Commission (STC) –Rail Operations and Regulatory Unit –Environmental Planning Unit

7 Federal Involvement U.S. Environmental Protection Agency (EPA) –Brownfields Program –National Smart Growth Award US Treasury –Green Building and Sustainable Design Designation US Department of Agriculture –Rural Development Program US Department of Transportation –CMAQ US Department of Energy –Building Technologies Program US Department of the Interior –Weir Farm National Historic Site US Department of Homeland Security –Interoperability Funds

8 The Master Plan 416 Residential Units Office Retail Restaurants Light Industrial YMCA Reactivated Metro North Train Station Performing Arts Center Waste Water Treatment Plant Public Open Space








16 Project Financing Debt secured by the Tax Lien Equity from Investors (Venture Capital) Greenwich, CT Mezzanine Financier (Investor Participation) Country Bank, NY (Master Planning Financing) TD Banknorth (Development Financing) Banc of America Securities General Obligation Bond (Tax District Infrastructure) USDA Rural Communities (Waster Water Plant Permanent Financing ) Union Savings Danbury, CT (Waste Water Plant Construction) Connecticut Housing Finance Authority (Debt) for Affordable Housing (Equity ) for Affordable Housing US EPA Brownfield Assessment Grant Technical Assistance US EPA Clean Up Grant US Treasury Million Green Building and Sustainable Design Tax Exempt Bonds HUD CDBG Grants Home Funds Department of the Interior Historic Rehab Tax Credits Department of Energy Million Energy Tax Credits US Department of Homeland Security Interoperability Grant (Police) US Department of Transportation Million CMAQ Grant (Parking Garages)

17 Project Team Owner/Developer Georgetown Land Development Co., LLC Project General Counsel Richard S. Gibbons Corporation/Development/Environmental Counsel Brody, Wilkinson & Ober Wiggin and Dana Day, Berry & Howard Tax District/Bond Counsel Shipman and Goodwin Baker Botts Lead Project/Master Plan Architects Roger Ferris + Partners Site/Civil/Environmental Engineering Fuss & O’Neill, Inc. Tighe & Bond Langan Haley & Aldrich Transportation Engineering Fitzgerald & Halliday Earthtech Liro Group Design Architects Crosskey Architects Beinfield Architecture PC Jack Curtis & Associates Roger Ferris + Partners Studio ABK Cubellis Charrette Facilitators Duany Plater-Zyberk & Company Economic Impact Analysis Connecticut Center for Economic Analysis Public/Governmental Relations and Media Aberdeen Associates, Inc. Capital Strategies, Inc. Roy & LeRoy Alexander Isley & Co. Dakota Group LEED Consultants Davis Langdon Construction Management/Demolition O & G Industries Bestech Inc. Manafort Brothers


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