



SUSTAINABLE DEVELOPMENT?
A new residential village next to
the pond...with
the removal of buildings not suitable for renovation, the former
Gilbert & Bennett wire mill site is considerably more open. Now
visible to visitors is the waterfall, which is expected to be a focal
point. (Maggie Caldwell photo)
G I L B E R T
& B E N N E T T S I T E
Georgetown Land
Development Project:
A lesson in what development looks like when
there is water and sewer service available! Upper section site
plan (left) above...click
here for a 2006
report in the Redding PILOT.


Photo at left by Thomas Nash
Former G&B sale: The deal is off
Weston FORUM
Written by Susan Wolf
Thursday, 15 July 2010 00:00
Georgetown Land Development Company announced last week it no longer
has a contract to sell its Georgetown development site to Georgetown
Green, LLC.
In February, Callen Cooper, CEO of Georgetown Green, had announced an
agreement with GLDC to purchase the former Gilbert & Bennett wire
mill site off Route 107. The agreement anticipated a June closing.
“This is a disappointing development,” said Redding First Selectman
Natalie Ketcham.
“While we are disappointed it did not work out with Georgetown Green,
we are committed to this project and the community,” said Rocco Trotta,
who will remain as the managing member of GLDC, overseeing the
operations of the company.
“It is in everyone’s best interests for this project to be built. It is
a win-win for the state, the town of Redding and Georgetown. We will
continue to work diligently to bring the Master Plan approved to life,”
Mr. Trotta said in a press release.
The release said the company plans to move forward on multiple fronts.
This includes assisting Redding and the state Department of
Transportation with the intersection improvements to Route 107 and
North Main Street, the proposed gateway to the project, and to Routes
107 and 57.
The state is paying for these improvements for the benefit of Redding’s
Georgetown Streetscape project for Main Street and Old Mill Road. The
improvements benefit the Georgetown redevelopment project as well.
GLDC is in the early process of looking for alternate buyers and/or
investors for the project’s development in accordance with the Master
Plan already approved for the 55-acre parcel by the town’s Zoning
Commission.
“We will sell off the project as parcels or as one piece,” said Chris
Lynch, GLDC’s spokesperson. He said the company’s plan from the start
was to sell the project once the required approvals were in place.
“The idea was never to develop this ourselves,” he said.
“GLDC is optimistic about the efforts to recapitalize the project and
expects that implementation of the approved Master Plan will commence
as soon as market conditions allow,” the company’s release said.
Mr. Lynch said on-site infrastructure work is included in the proviso
that market conditions are a key factor for the plan to move forward.
“Once the markets improve, we will move this project onto completion,”
Mr. Trotta said.
Tax liens
Redding sold tax liens on the former mill property to Georgetown Land
Development Company in June 2002 and, by 2004, a Master Plan special
permit for the project was approved by the Zoning Commission. The
Master Plan details the redevelopment of the site.
Plans call for a mixed use of residential, commercial and retail
development in a pedestrian-friendly, transit-oriented village.
Included in the plan is 40 units of affordable housing for seniors, a
new train station, and a community theater.
The state and local approvals are now in place for the project. Over
the last few years, structurally unsound buildings have been demolished
and the Norwalk River, which had been covered by buildings on the site,
has been daylighted.
A brownfield, the environmental remediation plan for the site, has been
approved. A Georgetown Special Taxing District is in place specifically
for the site and the Georgetown sewer plant has been expanded to
accommodate the development planned for the site. GLDC said it would
pay for the cost of the expansion and its share of the bill through
monthly delta payments.
“Presently, the taxing district does not have the funding to meet its
financial obligations to the Water Polution Control Commission. As soon
as that funding is available, arrangements will be made for prompt
payment,” said Mr. Lynch.
With the advent of the country’s financial crisis in 2008, capitalizing
the project became an issue. That, combined with the delay in state
approvals, stalled the project, but the intersection work has since
been funded and put out to bid.
Work is expected to start next year.
At Gilbert & Bennett site:
Projects taking shape, but awaiting state action
Weston FORUM
Written by Susan Wolf
Thursday, 06 August 2009 00:00
It might look quiet at the former Gilbert & Bennett wire mill site,
but that doesn’t mean things aren’t happening.
The wire mill site off Route 107 is home to Georgetown Land Development
Co.’s redevelopment project, stalled by the state and by the economy.
Plans call for a pedestrian-friendly, transit-oriented development of
mixed uses, including residential and commercial, along with a new
railroad station and parking garage.
A master plan concept for the property was approved by the Redding
Zoning Commission in 2004. The project must abide by this concept
unless the commission approves changes.
The company is now seeking subdivision and site plan approvals for
three parcels on the property. Because it’s in the Redding section of
Georgetown — an area composed of parts of Redding, Weston, Wilton, and
Ridgefield — the Redding Zoning Commission has jurisdiction over site
plan approvals, the Redding Planning Commission over subdivision
approvals. No Conservation Commission approvals are required — this
commission has already indicated there is nothing in the proposal that
affects wetlands or watercourses or any licenses the company has from
it on the property.
If the most recent requests are approved, the company will be allowed
to convey the parcels to third parties to develop, “so it generates
much-needed cash for the development company,” said Stephen Soler,
Georgetown Land Development Co. (GLDC) president.
Mr. Soler said as the buildings are phased in, so would the
infrastructure for the site.
Affordable housing
One of the three subdivision and site approval requests from Mr.
Soler’s company is for the affordable housing site. The proposed
subdivision of the land for the housing is needed before it can be
conveyed to the nonprofit Georgetown Redevelopment Corp.
GLDC created this corporation, which has an independent board of
directors, including representation from the Redding Commission on
Aging, to sponsor the affordable housing.
Plans call for 40 units of subsidized senior housing and 15 units of
affordable artists lofts to be built along Portland Avenue within the
site. The housing would be called Georgetown Village Apartments.
Approval of the subdivision and site plan means this project can move
forward subject to tax credit approval from the Connecticut Housing
Finance Authority, Mr. Soler said.
The project would be built by a local builder using federal tax
credits. The housing project has, so far, received a $2-million grant
from the state Department of Economic and Commercial Development.
GLDC’s second request is to subdivide the building that now houses
National Park Service offices for Weir Farm National Historic Site. The
park service wants to buy and occupy only half of the building, Mr.
Soler said.
There is a common wall between the 1850 and 1880 portion of the
building, so the subdivision line would be there.
The park service already has legislation that approves its acquisition
of this part of the building, Mr. Soler said.
Restaurant
The third request is to subdivide a small building, known as the Rod
Shed Storage Building, at the end of the Weaving Building. It’s a
small, red brick building, about 4,000 square feet in size.
It was designed to be a restaurant, “and that’s what it would become,”
said Mr. Soler, adding the prospective buyer is Adam Lubarsky, former
owner of the Georgetown Saloon. A detailed plan for the restaurant is
already in place.
Mr. Soler said in this case, there are a bunch of properties on the
same parcel. “We’re making them into fee simple lots, which means each
parcel will have its own deed, so people can buy and sell without a
condo association,” he said.
“For us to move forward on these parcels,” Mr. Soler said, “we need to
get State Traffic Commission (STC) issues resolved.”
This commission has a request from GLDC to accept a phasing-in plan of
required intersection improvements to allow the company to develop
portions of its property now. This would essentially reduce the
considerable bond amount the STC is requiring of GLDC for all of the
improvements.
GLDC has asked that it be allowed to improve the intersections of North
Main Street with Route 107 and North Main Street and Route 57 now.
These improvements would cost some $1.5 million.
The company has also asked for the delay of improvements to the
intersection of routes 7 and 107 to a later date. The improvement
planned at Route 7 and North Main Street near Bruce Bennett Nissan
would take place once the company is reimbursed by the state for the
improvements it made to the railroad crossing near this intersection.
The reimbursement would provide the money for this work.
Funding source
The money for the two proposed intersection improvements is expected to
come from the Housatonic Valley Council of Elected Officials (HVCEO),
the regional planning agency. Redding is a member.
The council has already approved the authorization of $850,000 for the
intersection work. It is possible the amount will be more.
Redding First Selectman Natalie Ketcham said the state DOT has
identified more than $2 million (including the $850,000) that can be
made accessible to the council. The question, she said, is how much the
council can afford to repay.
The council would get the money, in part, from money it loaned to the
South Western Regional Planning Agency (SWRPA), to which Weston
belongs. Each year, planning regions in the state get federal highway
dollars. If one region has no project that is eligible for the dollars,
it “lends” them to another region that does. Eventually, the borrower
pays back the money through its federal funding in future years.
SWRPA owes HVCEO $1.5 million, said Ms. Ketcham, but there is a
question as to how much it can afford to pay back this year.
Another issue, Mr. Soler said, is that the money won’t be available
until it’s put on the council’s transportation improvement plan and the
state’s transportation improvement plan. It also has to go to a project
that is approved for federal funds. His company has this approval, Mr.
Soler said.
“So the money is there,” said Mr. Soler. “Now it’s just a matter of
getting the STC to allow the phasing-in so we can pull building permits
to get the project going.”
“Come September,” said Mr. Soler, “if everything hits, we’re going —
and, if not, we’re stuck.”
Being prepared
The consensus, he said, is that the financial market will get better
over the next six months. “We want the project to be positioned for
it,” he said.
Even if the roads and the infrastructure are in place, he said, it
would still take 18 months to build a building. He looks to spring 2011
before the building would be occupied.
“We have to plan to make our way through this,” said Mr. Soler.
Although there is interest in parcels at the site, prospective buyers
want the STC issue resolved before moving ahead, he added.
TIF
Mr. Soler also said when his company sells to third parties, it
increases the value of these parcels for local tax purposes, creating
new tax revenue for the town. The increase in tax revenue is the basis
for Tax Increment Financing (TIF) should the company decide to pursue
it, said Mr. Soler.
Under the TIF, the Connecticut Development Authority would reimburse
GLDC for infrastructure work, estimated to cost $3.5 million. The town
would negotiate an agreement with the state and GLDC to allow it to
help pay back that loan through portions of the anticipated increase in
tax revenues on the commercial properties only, as the project moves
forward.
As for the train platform, Mr. Soler said the state has made a
commitment of $3.5 million to fund it.
However, State Bonding Commission approval is needed, and the
commission won’t meet until the state budget is balanced. The money for
the railroad crossing work is also awaiting bond commission approval.
In the Region | Connecticut
7 Years In, Renewal Plan Languishes
NYTIMES
By LISA PREVOST
June 21, 2009
REDDING
AFTER seven years’ work on a redevelopment plan that attracted
enthusiastic support from residents of this affluent town, the
developer, Stephen Soler, is so depleted by state bureaucratic delays
that he is ready to walk away.
“We have been looking for a buyer to take the whole thing — let’s leave
it at that,” said Mr. Soler, the principal of the Georgetown Land
Development Company. “This has been an extremely, extremely expensive
exercise.”
Mr. Soler’s $300 million plan to build a transit-oriented village on
the site of the Gilbert & Bennett wire mill had promised to fill
the hole left in Redding’s commercial tax base after the factory shut
down in 1989. In a corner of Redding known as Georgetown, the factory
was the only industrial development in a town characterized by two-acre
zoning and a great deal of open space.
A master plan approved for the 55-acre site in 2004 allowed for more
than 400 housing units, as well as more shops, restaurants and offices,
a performing arts center and a new train station. The focus was on
preserving the mill’s rich historical legacy within a densely developed
village environment that minimized the need for cars and maximized
energy efficiency.
Although Mr. Soler has proceeded with some demolition, environmental
cleanup and a new wastewater treatment facility, most of his vision
exists only on paper. The fault lies primarily with the state, he says,
for delaying him right into a recession.
With the credit markets so tight, “the biggest problem now is the
ability to get financing to do the infrastructure,” he said.
The delays also figured in the loss of a $50 million contract with TCR
Northeast Land Acquisition for the housing development rights to the
project. TCR, an affiliate of Trammell Crow Residential of Dallas, had
agreed to buy six parcels intended for town houses and lofts, once all
necessary permits and approvals were in place. It terminated that
agreement in July.
Joseph S. Torg Jr., a senior managing director for TCR’s northeast
office, ascribed the decision to several factors, including the
near-collapse last year of A.I.G., the international insurance company,
which had been TCR’s equity source in the deal.
Mr. Torg said that it was also unclear when Georgetown Land was “going
to be able to get its permits and its approvals.” He added, “We and
A.I.G. just decided not to keep going.”
TCR is now suing Georgetown Land for the return of its $1.5 million
deposit, and is pursuing foreclosure on a small parcel mortgaged on the
site as collateral.
The mill project’s reduced circumstances are a deep disappointment to
Redding officials, who have been supportive of Mr. Soler’s efforts
since he acquired the property in 2002. They worked with him to secure
legislative approval to set up a special taxing district exclusive to
the site, with its own authority to float bonds to pay for
infrastructure improvements.
His company had also gained favor with development-wary residents by
seeking input from them at brainstorming sessions led by Andrés
Duany, a principal in Duany Plater-Zyberk & Company of Miami, which
specializes in new-community design.
“Stephen Soler has crossed a very large number of hurdles and has met
every condition that the town had set when it first worked with him to
acquire the property,” said Robert B. Dean, the vice chairman of
Redding’s planning commission.
Mr. Soler’s relationship with the state, however, has been contentious.
Before he can begin building, he must obtain approval from the State
Traffic Commission, which requires that large projects come up with a
mutually acceptable plan for remedying impacts on state roadways.
His plan was approved in 2006, but the panel hasn’t issued the
certificate he needs to proceed. The reason, said Kevin Nursick, a
spokesman for the Department of Transportation, is that the developer
has yet to post the $10 million bond required by the state to ensure
that the work is done. The panel agreed to break the bond requirement
into portions, Mr. Nursick said. But Mr. Soler has said since last year
that, given credit market conditions, his company can no longer issue
bonds at a reasonable rate.
Mr. Soler had always planned to sell the development rights to the
property after the infrastructure was in place. If he sells it before
then, Redding officials worry that the site may attract a more
conventional and less community-friendly developer.
They are especially worried that a developer may use the state’s
affordable-housing appeals law to circumvent local zoning and fill the
entire site with high-density housing.
The law grants developers higher-density allowances if they reserve a
certain portion of the housing for low- to moderate-income residents,
and makes the rejection of such projects more difficult for towns in
which less than 10 percent of the housing units qualify as affordable.
Redding is “a sitting duck” in that regard, Mr. Dean said, as it has no
affordable housing at all.
The mill project does include 40 units of affordable housing, as well
as lower-priced artists’ lofts. But what Mr. Dean fears is a “gigantic
housing-dominated project” that does not enhance Georgetown’s small
commercial center and “becomes a drain rather than a help.”
Officials are aggressively working with Mr. Soler to secure public
financing for the infrastructure improvements that would support the
existing plan and perhaps entice investors.
Residents recently agreed to a $3.5 million loan through the Tax
Increment Financing program sponsored by the Connecticut Development
Authority to help pay for improvements to North Main Street, the mill
complex’s main route. The loan would be repaid through the anticipated
increase in tax revenues after the project was complete.
The town’s first selectwoman, Natalie Ketcham, said officials were also
pursuing several options to cover the cost of improvements to Route
107, and had secured a commitment from the state to pay for the new
train station. For now, she said, “I am optimistic that we can pull
together the necessary funds to get the project moving.”
Congressional OK sought for expansion
of historic site
Norwalk HOUR
September 12, 2007
The Weir Farm National Historic Site is seeking congressional authority
to expand its territory beyond Wilton and Ridgefield.
At a U.S. Senate subcommittee hearing Tuesday, National Park Service
deputy director Daniel N. Wenk testified that the Department of the
Interior will support legislation that would help the historic site to
acquire new facilities at no extra cost.
"We believe that we can exchange land, save money," Wenk said during
the hearing of the Energy and Natural Resources Subcommittee on
National Parks.
The legislation, an amendment to the 1990 Weir Farm National Historic
Site Establishment Act, was proposed in March by Rep. Christopher
Shays, R-4.
In April, Sen. Joseph Lieberman, I-Conn., proposed a similar amendment,
which Sen. Christopher Dodd, D-Conn., is now cosponsoring. The bill
would "expand the National Park Service's authority so that it can
consider the acquisition of property in all of Fairfield County," Wenk
testified.
Under current law, Weir Farm has been able to look at acquisition in
only Ridgefield and Wilton, where it already holds land. The Park
Service also is required to come to an agreement with these towns
before any building is to be done.
The amendment would allow Weir Farm to exchange up to nine acres of
land in Ridgefield for 12,000 square feet of the Georgetown Wire Mill
in Redding, reducing the farm's construction, operating and maintenance
costs. The historic site has been leasing 5,000 square feet of the mill
property.
Park officials said that rising costs and concerns about building in
residential areas led to the need for the amendment.
"This is not about expansion," Linda Cook, the Park Service's
superintendent for Weir Farm, said in a telephone interview. "We want
to be able to think broadly, to look beyond a mile outside of the park
boundaries."
Weir Farm was established as a national historic site in October, 1990.
One of two National Parks that deal chiefly with visual art and
artistic expression, the area was once the land of J. Alden Weir, one
of the main players in cultivating the American impressionist movement.
The site works to preserve and maintain the landscape as it was in the
late 1800s, and to offer other artistic and educational opportunities.
"I am proud to be a co-sponsor of the Weir Farm National Historic Site
Amendment Act," Dodd said in a statement Tuesday. "Finding a
long-anticipated permanent home for this facility will save taxpayers
money and help to ensure the preservation of Weir Farm, an important
part of the culture and history of Connecticut."
Former Gilbert & Bennett site: Owners seek environmental designation
by SUSAN WOLF, Hersam Acorn Newspapers
May 26, 2007
Just as the redevelopment of the former Gilbert & Bennett site in
Georgetown is moving toward infrastructure work, its owners are hoping
to get an environmental LEED development designation for their
redevelopment project.
Stephen Soler, Georgetown Land Development Company president, the
redeveloper of the former manufacturing site, said his project is among
360 applications for a LEED (Leadership in Energy and Environmental
Design) pilot program. If approved, he said, his project would be
designated a Gold LEED development, and the designation would apply to
the entire development.
The LEED for Neighborhood Development Rating System integrates the
principles of smart growth, urbanism, and green building into the first
national standard for neighborhood design, according to the U.S. Green
Building Council’s Web site.
“LEED certification provides independent, third-party verification that
a development’s location and design meet accepted high standards for
environmentally responsible, sustainable, development,” the council
says.
The designation “is based on the way a project is planned and laid out
in the community,” Mr. Soler said. Among the pluses for the Gilbert
& Bennett site redevelopment, he said, are the daylighting of the
Norwalk River, which runs through the site, a walkable community, the
creation of more open space than existed, the recycling of material on
the site, brownfield remediation, and the planned new railroad station.
Mr. Soler is optimistic about his development getting the designation
later this month.
The plan
Planned for the more than 50-acre site is a pedestrian-friendly
village. The residential component of the company’s plan calls for a
total of 416 units of housing, including loft units, townhouses,
single-family homes, affordable units for artists, apartments over
retail buildings, and 40 units of subsidized housing for senior
citizens.
A community theater and a satellite for the Wilton Family Y are
included in the plans, as well as a new railroad station and retail and
commercial businesses. Included are plans for four restaurants, with at
least three having river views.
Recently, Norwalk Hospital announced its expansion of services,
including 30,000 to 50,000 square feet of space at the site. The space
would be used to provide urgent care services and other clinical
services such as laboratory, radiology and offices for primary care
physicians and specialists.
Since December, building demolitions have been ongoing. To date, about
one-half million square feet of space has been removed. What will
remain are historic industrial buildings that can be renovated for
other purposes, for both residential and commercial uses.
“We have taken these buildings down so we can go vertical,” said Mr.
Soler. He explained that to do this, roads — 12 new roads are planned —
and other infrastructure must be built at the site.
Next step
The next step, he said, is to have the geotechnical work done so a
remedial plan can be prepared for doing the road work. Borings will be
done and then, based on soil conditions, “clean corridors” will be
mapped out, Mr. Soler said. The plan will determine “what to pull out
and how to manage it,” he added.
In some areas of the brownfield site, contaminated soils will be
removed and replaced with new fill; in others, liners will be placed
and then covered with fill. Mr. Soler called this a “combination
remediation plan,” and one that is being done in conjunction with the
state Department of Environmental Protection.
Once the geotechnical and design work is completed for the first phase
of work, that work will be put out to bid — by the end of the month,
Mr. Soler said. This phase includes the reconstruction of North
Main Street and the construction of the new Station Place, along with
the burying of utilities. It also includes the construction of
the new hospital building, said Mr. Soler, who added he expects work on
this building to begin by the end of the year.
Construction for the infrastructure phase is slated to begin this
summer. Intersection work is already out to bid with bids
expected to come in this week. This work must be done in conjunction
with the first phase, Mr. Soler said.
There will be intersection improvements at Route 107 and North Main
Street, and Route 7 and North Main Street, including new traffic
signals; Routes 107 and 57, where another traffic signal is planned;
and Routes 107 and 7 where lights already exist.
Commercial
The first building to be renovated for commercial use, said Mr. Soler
recently, will “probably” be the “Sawtooth Building,” which is named
for its roofline. This building is by the river. After discussion
with the tenants, yet to be announced, design work will begin, with
final design slated for July. Renovation work is anticipated to begin
in September.
The next building targeted for renovation is one near the waterfall.
It, too, is slated for commercial use. The design work for this
building is targeted to start in April with the final design approved
in June. Like the Sawtooth building, plans will go to Redding’s
building office for approval. Mr. Soler expects work on this building
to start by the end of September.
Affordable units
By the end of January 2008, Mr. Soler expects to break ground for the
55 affordable housing units in the plan. These include the 40 units of
senior housing and 15 subsidized units for artists.
Mr. Soler’s company is developing the commercial portion of the
project. The bulk of the residential work will be handled by another
company or companies, but this portion of the project must also adhere
to the design standards in the master plan already approved by the
Redding Zoning Commission.
The Georgetown Special Taxing District, which only applies to the
redevelopment site, will serve as the regulating body to ensure
adherence to the design code.
From the
BUSINESS section of Stamford ADVOCATE:
Greenwich developer wins funds for project
Stamford
ADVOCATE
By Richard Lee, Assistant Business Editor
Published February 18 2006
The U.S. Treasury Department has
approved $72 million in special tax-exempt bonds for the reconstruction
of Greenwich developer Stephen Soler's abandoned mill in Redding.
The Treasury Department
designated the Georgetown Special Taxing District as a "qualified green
building and sustainable design project."
The tax-exempt bonds are part of a
$300 million financing package for Soler's conversion of the former
Gilbert & Bennett wire mill into a village-like complex with 416
residences, including 32 single-family homes. Also planned are offices,
stores and restaurants.
Soler estimated that the tax
exemption will save $7 million over the 30-year life of the debt.
The funding can be used to purchase,
construct or integrate renewable energy and sustainable design features
of the project or perform environmental remediation on the 60-acre
site. Soler predicted
that he would have all the necessary government approvals by mid-March,
and said he was pleased that it has taken only three years to reach
this point since the project was conceived,
"I'm particularly proud of this
'green bonds' designation because it confirms our commitment to the
community and the environment and gives us the resources we need to
implement the best available green technology," Soler said. Soler
said the renovation will use energy technology that is expected to
reduce the projects demand on the power grid by 6 megawatts over
conventional technology.
Applicants for the special
tax-exempt bonds had to demonstrate the energy efficiency, renewable
energy and sustainable design features of their projects. The
project on the former brownfield site is expected to provide permanent
jobs for at least 1,500 people. Plans also call for a Metro-North
Railroad station on the Danbury line.
Ground breaking is scheduled for
next month, and the first units are expected to be occupied in 2007.
The complete build-out is planned for 2009.
The state's congressional
delegation, including Democratic U.S. Sens. Christopher Dodd and Joseph
Lieberman and U.S. Rep. Christopher Shays, R- Bridgeport, helped Soler
deal with federal agencies.
When completed, the project will
enhance the small-town feel of Redding, Lieberman said. "Commerce,
culture and community, in concert with conservation, will be all within
walking distance," he said.
Improving communities, creating jobs
and protecting the environment are not mutually exclusive goals, as
exemplified by the tax-exempt bonding, Dodd said.
"The Treasury Department's
designation of this site as a qualified green building and sustainable
design project is a testament to the strict environmentally friendly
design of this project," Shays said.
Georgetown Special Taxing District: 'Green Bond' designation one of
only four in country
Redding
PILOT
By SUSAN WOLF
Feb
2, 2006
The Georgetown Special Taxing
District has received a special
tax-exempt bond designation from the U.S. Treasury. This will allow the
district to issue more than $72 million in qualified “green” building
and sustainable design project bonds.
The taxing district will oversee the redevelopment of the former
Gilbert & Bennett wire mill site in Georgetown, which is owned by
Georgetown Land Development Company (GLDC). Special state legislation
was passed last year allowing for the creation of the district, which
was established last September. The company wants to use this
special tax district as a financial mechanism for the redevelopment of
its property, a brownfield site. GLDC is working with state and federal
environmental agencies to clean up the former factory site.
The bonds will provide tax-exempt financing for the Gilbert &
Bennett wire mill redevelopment and the Georgetown business district.
Stephen Soler, GLDC president, said 10%, or about $7 million, of the
allocation is eligible for the development of Main Street and Old Mill
Road, where the town has a streetscape enhancement program in the
works. Mr. Soler said he wants to help encourage development in this
area and to encourage green development.
The financing may be used “to purchase, construct or integrate
renewable energy and sustainable design features of the project; comply
with LEED (Leadership in Energy and Environmental Design) certification
standards; or remediate the site,” according to the release.
“This designation recognizes the importance of renewable clean-energy
technologies and green building practices, and supports development
that creates jobs while protecting the environment,” said Mr. Soler,
who is also president of the Georgetown Special Taxing District.
“I’m particularly proud of this Green Bonds designation because it
confirms our commitment to the community and the environment, and gives
us the resources we need to implement the best available green
technology,” he said in a prepared release.
To qualify for the bond designation, the taxing district had to
demonstrate that its green building and sustainable design project
could meet a number of criteria. Among them is that 75% of the square
footage of commercial buildings is registered for LEED certification;
the project must include a brownfield site; and it must demonstrate it
can create 1,000 construction jobs and 1,500 permanent jobs. The bonds
may not be used for any facility that sells food or alcoholic beverages
for consumption on the premises as its principal business.
The LEED Green Building Rating System® “is a voluntary,
consensus-based
national standard for developing high-performance, sustainable
buildings,” according to the U.S. Green Building Council’s Web site.
The EPA’s Web site says green or sustainable building “is the practice
of creating healthier and more resource-efficient models of
construction, renovation, operation, maintenance, and demolition ...”
Among the “green proposals” for the former wire mill site are
functional green technology, including photovoltaics and green roofs
and a hydroelectric dam and power plant using the existing
infrastructure for power.
The Georgetown Special Taxing District applied for $125 million through
the “Green Bonds” program, seeking a piece of the $2 billion available.
The district is one of four projects in the country out of six
applicants to receive the designation as a qualified green building and
design project. The designation was called for as part of the American
Jobs Creation Act.
The tax district is the first in the country to receive the Green Bonds
designation, Mr. Soler said.
With the bond designation in hand, Mr. Soler said the taxing district
may now hire an underwriter for the bonds. Then the bonds may be sold.
Mr. Soler said the designation exempts the taxing district from the
state’s volume cap for bonding. Because of this exemption, the taxing
district does not have to go to the State Bonding Commission to issue
bonds, he said.
The Green Bonds application was sponsored by Gov. M. Jodi Rell, the
state Office of Policy Management, and the Georgetown Special Taxing
District. Support has come from U.S. Congressman Christopher Shays
(D-4th) and Connecticut’s U.S. Senators Christopher Dodd and Joseph
Lieberman.
$72M grant for
'green' mill redevelopment
By ANNA GUSTAFSON, Hour Staff Writer
January 27, 2006
WILTON — Georgetown's Gilbert & Bennett Wire Mill redevelopment
project is well on its way to providing at least 1,500 new jobs just
over the Wilton border with a $72 million federal government handout.
The special tax-exempt bond designation from the U.S. Treasury
Department allows the Georgetown Special Taxing District, which is
overseeing the project, to issue more than $72 million in qualified
green building and sustainable design project bonds.
Now able to issue the bonds, Steven Soler, the president of the
Georgetown Land Development Company, or GLDC, who owns the mill, said
construction of the environmentally savvy development will begin in
March.The project will turn the 60-plus acres that made up the mill
into "the antidote to suburban sprawl," according to Redding's First
Selectman Natalie Ketcham.
There will be 416 residential units; 109,771 square feet of retail and
restaurant use; 113,525 square feet of office space; 88,488 square feet
of civic use; 38,428 square feet of light industrial use and 18,258
square feet of hospitality use. Hailed as a model around the
state for redevelopment due to its environmental and pedestrian
friendly policies, the project is one of four nationwide to receive the
green bond. The 2004 Jobs Creation Act allocated a total of $2 billion
for sustainable development projects.
"This will go a long way to building out the commercial side of the
project," Soler said. Originally, the GLDC applied for $125
million from the treasury department, but cut back once they received
more private and federal grants than expected.
"We were able to identify other sources of funds," Soler said. "We have
the U.S. Department of Agriculture working with us on financing the
sewer plant, for example."
The GLDC was able to access the $72 million due to state legislation
passed last summer that allowed Soler to create the Georgetown Special
Taxing District in September. If there was no tax district, the GLDC
would never have been able to get such a large fund allocation from the
federal government.
Soler said the bonds will help to purchase and integrate renewable
energy and sustainable design features of the project.
"We intend to make all the buildings energy efficient," Soler said. "
... All of the elements of the project will go a long way towards
meeting some of the state's goals to try and wean the state off of
traditional sources of energy."
This project is the wave of the future for development Soler said, and
towns like Wilton will be far and few between.
"You'll find a trend towards density. People like to live in a village
environment where they can walk to their destinations," Soler said.
"We'll trend away from the classic suburban subdivision. When you have
more density, you provide for a better overall environmental balance."
Breaking News...
At Gilbert & Bennett site: Traffic plan is approved
Stage is set for development
by SUSAN WOLF, pilot@acorn-online.com
Sep 28, 2006
A major hurdle has been crossed for the redevelopment of the former
Gilbert & Bennett wire mill site in Georgetown.
State Traffic Commission approval is now in place; once the
requirements are met, the developer can get his traffic generator
certificate from the commission and begin “to pull building permits in
town.” That means, said Stephen Soler, president of the Georgetown Land
Development Company (GLDC), the redeveloper, that his company may sell
or finance property. “We need this to develop.”
GLDC owns the 55-acre wire mill site off Route 107. The residential
component of the plan calls for a total of 416 units of housing, with
249 loft units, 69 townhouses, 32 single-family homes, 15 affordable
units for artists, 11 apartments over retail buildings, and 40 units of
subsidized housing for senior citizens. A community theater and a
satellite for the Wilton Family Y are included in the plans, as well as
a new railroad station and retail and commercial businesses. The end
result will be a pedestrian-friendly village at the site.
On Aug. 12, the State Traffic Commission approved the company’s traffic
proposals with some conditions. The company subsequently appealed three
of them, said Mr. Soler on Monday. The traffic commission wanted
the
company to post a $10.4 million bond to cover the work it proposed.
“Because we are not road contractors, this meant we would have to put
$10.4 million in a bank account,” said Mr. Soler.
“We contested this,” he added, “because not all of the improvements
will be done by Georgetown Land Development Company.”
The traffic commission wanted the bonding to cover the new train
station and the parking garage that will accompany it, the relocated
rail crossing on North Main Street and other off-site improvements,
including work at several intersections. North Main Street runs through
the land the company owns. A portion is being relocated, along with the
railroad crossing, to accommodate the project.
Train station
In its appeal, GLDC asked that the cash bonding for the train station
be dropped and instead assigned to the Georgetown Special Taxing
District. The district was established by the company as a financing
tool to help build core infrastructure and to maintain the
infrastructure over the long term. The district will also serve as the
regulating body to ensure the community adheres to the design code
adopted as part of the project’s master plan approval.
The tax district is building the new train station (which is not
expected to replace the Branchville railroad station) and the parking
garage that goes with it. There have to be 300 parking spaces in the
garage dedicated to the train station, said Mr. Soler, but he said that
most likely the garage will be built to accommodate 600 spaces. The
rest of the spaces would be used for the development, he said,
including the Wilton Family Y satellite that will be built at the site.
The state requires that his company bond the platform for the train
because it is in the state right-of-way, said Mr. Soler. The amount to
be bonded would be determined by the bids on the project, said Mr.
Soler. He added that his company asked for, and received, approval from
the traffic commission for the transferability for the contractor to
put up the bond. That means the bond requirement may be transferred to
the contractor or the taxing district.
The company expects to bond $3.4 million for the intersection
improvements. However, once the bids are adopted for this work, the
bond amount would reflect them, according to the agreement reached with
the traffic commission.
Changes
Because of State Traffic Commission requirements, the rail crossing in
the northwest portion of the site had to be shifted farther north, the
affordable housing location has been changed, and a portion of the work
planned on Portland Avenue has been shifted. Mr. Soler said because of
the commission’s required changes to Portland Avenue at its
intersection with North Main Street, the road has shifted there, but no
widening of Portland Avenue is necessary.
One commission edict called for moving the rail crossing, located in
the northwest corner of the property, farther north. This move left two
single-family detached residences with curbs too close to the tracks.
To eliminate this problem, GLDC plans to eliminate the two
single-family detached homes and replace them with two townhouses,
which would be joined as one building, allowing for a common driveway.
The commission’s requirements “killed a hotel or bed and breakfast” on
the site, said Mr. Soler. They have also forced the relocation of
senior housing, which will go next to the proposed performing arts
center, and not in a 500-year flood plain.
Intersection improvements
Mr. Soler said the State Traffic Commission looks at all impacts to the
state right-of-way. Among the items under consideration are the
company’s proposed intersection improvements — at the intersections of
Routes 7 and 107, Routes 57 and 107, North Main Street and Route 107,
and North Main Street and Route 7. The intent of the intersection
improvement at Routes 7 and 107 is to redesign it into more of a “T”
and a controlled intersection, said Mr. Soler.
In some cases, the work at the intersections will include widening and
sidewalks. Proposed are “overall improvements to the flow of traffic,”
said Mr. Soler.
While new signalization is planned for the Routes 7 and 107
intersection, new traffic lights are planned at the intersection of
North Main Street with Route 7 by Bob Sharp’s and at the intersection
of North Main Street and Route 107.
Coming down
Meanwhile, asbestos removal work has been ongoing at the site since
August. About 50% of the work has been done on the buildings that will
be demolished, said Mr. Soler. Buildings slated to be demolished
include warehouses and some of the brick buildings that are
structurally unsound, including those over the Norwalk River, which
runs through the site. The company’s plans include “daylighting” the
river.
Mr. Soler expects the buildings to come down over the next three to
four weeks. After the buildings are leveled, he said, work on the
infrastructure — roads, new utilities, etc. — for the entire project
will begin, “probably” in November. The work will take six to nine
months, said Mr. Soler. “As that work is done, we can put in
foundations,” he added.
Since the State Traffic Commission approval has required modifications
to the redevelopment plan, these changes require Zoning Commission
approval, which is expected at this week’s meeting. The Conservation
Commission has already approved the company’s request to modify its
wetlands permit. Tuesday night, the Planning Commission received GLDC’s
request for the resubdivision of the two lots affected by the traffic
commission’s decision. The hearing on the request is set for Oct. 10.
REDDING APPLICATIONS:
Planners open hearing on
G&B plan
Redding PILOT
Feb 2, 2006
The Planning Commission opened its public hearing on Georgetown Land
Development Company’s application for the proposed subdivision of 45
acres into 106 lots last Tuesday, Jan. 24.
Georgetown Land Development Company (GLDC) is the redeveloper of the
former Gilbert & Bennett wire mill site off Route 107. The company
is a proposing a pedestrian-friendly village for the area with mixed
uses of housing, retail, commercial and light industrial. A
community theater, health club, and new train station are among the
items in its proposal.
Commission Chairman Diane Taylor said the commission has received all
maps and documents, along with the qualifications of the consultants,
and GLDC’s Design Code and zoning information. Ms. Taylor said because
of the unusual scope of the application, in that it exceeds the normal
application size and context, the planners would wait to review the
materials at its Jan. 31 meeting, giving the town’s consultants time to
review any additional materials in time for the continuance of the
public hearing on Feb. 14.
John Hayes, town planning consultant, said it is a very complex
application due to the large number of lots and the revised street
configurations, which are involved. He is in the process of reviewing
it.
Susan Robinson, a Smith Street resident adjacent to the GLDC project
site, read a letter to the commission stating concerns regarding the
area wells. She wanted reassurance that local water quality will be
monitored throughout all blasting and construction.
The increase in local traffic, including cars, “trade trucks,” and
tractor-trailers on the short, narrow, and one-way streets are also a
concern, she said. Because there will be a general increase in traffic
immediately behind her property and throughout the village, and
considering Georgetown is located in a valley where air quality could
be a problem, it is important to create greenbelts of trees and
vegetation to buffer noise, curtail dust, and improve air qualify, said
Ms. Robinson.
She and her neighbors expect pubic notification from GLDC before any
more construction and remedial work is done adjacent to their
properties.
Richard Gibbons, GLDC’s attorney, reviewed the items he submitted to
the commission. The basic subdivision and site plans, along with
engineering and traffic reports, were all submitted.
Mr. Gibbons said the site plan for the expansion of the Georgetown
wastewater treatment plant has been approved by the Zoning Commission.
Groundbreaking is targeted for March.
An application before the Board of Selectman for the discontinuance and
relocation of North Main Street to come out just past Bob Sharp Motors
and out to Route 7 is underway, he said.
The subdivision application objective, Mr. Gibbons told the planners,
is to make the development as diverse as possible with townhouses and
single-family houses. Also included in the community development are
condominiums, apartments and lofts throughout the rest of the project.
A brief history of the Gilbert & Bennett Wire Factory was given. A
presentation of the proposed redevelopment of the factory into a
walkable village with a variety of housing types and a multiplicity of
uses such as retail, civic, and light industrial, and allowing public
access to the waterfront pond, waterfall, and the Norwalk River is the
objective of the project, said Mr. Gibbons. The road network will allow
public access to the pond and village along with the railroad station,
and civic uses will be at the heart of the village, bringing
pedestrians into the network, said Mr. Gibbons.
The subdivision plan for the 45 acres into 106 lots was presented by
the Bob Gilchrest, landscape architect for GLDC. The waterfall and the
walkways around the pond were reviewed along with landscaping of the
streetscapes. The lots for the three districts involved on the
application were reviewed along with parking garages and additional
parking spaces.
Commissioner Robert Dean confirmed with Mr. Gilchrest that all of the
units are single-family attached and detached units.
Ms. Taylor said she wanted clarification of the presence of land
requiring special precautions in respect to planning regulations and
would like a statement on record.
Mr. Dean agreed, saying the applicant should evaluate its compliance
with regulations concerning land requiring special precautions and
address this at the next meeting for the record.
Ms. Taylor also questioned the phasing of construction of the units in
the project. Mr. Dean said the phasing is key to the success of
Georgetown over all.
Terry Gallagher, an engineer for the project, presented the
implementation of the master plan for the watercourses and wetlands
with review of runoff to down slope housing units. The flood plain
analysis for the report measured how much water could run through the
channel. Plans for the flood walls were reviewed along with new
construction for the existing bridges to improve the 100-year flood
plain plan. He said new construction would drop the water level about
one and a half feet in the channel to improve the 100-year flood plain
plan.
Gilbert
& Bennett history page...there
will be Public Hearings in Redding before three (3) separate Redding
Commissions:
- First is the Redding Planning
Commission on Tuesday, January 24, 2006..."a subdivision of 45
acres into 106 lots;"
- Redding
Conservation Commission has not notified the Town Clerk's Office re:
date and time, but we expect it is next...or concurrent with the
Planning Commission;
- "Public Hearing of the Redding Zoning
Commission on February
8, 2006 (Wednesday) at 7:30pm in the Hearing Room at the Redding Town
Hall" takes place. Purpose of the hearing will be to
review an application for
a site
plan approval from Georgetown Land Development for the
portion
of the property located north of Redding Road (Rte. 107). It is
the understanding of Redding ZEO that a set of plans has been forwarded
to the "appropriate planning commission." A copy of the
application form is below:

A
page from the summary of the August 2005 traffic report...to be
discussed February 8, 2006: the bottom line=less traffic than
when Gilbert & Bennett factory was in business.

In
the spirit of light being good and dark being bad, which area do you
think will be developed for occupancy first? (Just our guess!)

PREVIOUSLY...
On March 24, 2004, at 7:30pm in the
Hearing Room of the Redding Town Hall there will be a Public
Hearing...to
which residents of Weston are invited. The purpose of the hearing
is to review proposed amendments to the Redding Zoning Regulations with
respect to their "Special Development District" in the historic
neighborhood
of Georgetown - specifically, the former Gilbert & Bennett mill
site.
If you have any questions, you are invited to contact Tom Gormley,
Zoning
Enforcement and Wetlands Officer: (203) 938-8517.
Below
is a letter from Attorney Richard
Gibbons, long-time representative for the company, and a thoughtful
person.



