$155,000 for Old Saybrook’s Mariner’s Way

September 22, 2014

Sen. Art Linares and Old Saybrook First Selectman Carl P. Fortuna today applauded the announcement of state funding to support property cleanup in Old Saybrook.

Old Saybrook has been awarded $155,000 for the investigation of nine properties centrally located along on Route 1 (Boston Post Road), known as Mariner’s Way.

“These properties encompass about 18 acres that could support a mix of redevelopment uses,” Sen. Linares said. “The state is looking to clean up these properties and restore them to productive use. That’s great for the environment, and the process is also about creating jobs and boosting the local economy. We continue to strive to improve local property values and improve the quality of life in our communities. Old Saybrook officials have been working hard on this project, and this award is well-deserved.”

First Selectman Fortuna said, “We appreciate the support of Connecticut’s Office of Brownfield Remediation and Development led by Tim Sullivan. This grant represents a partnership with the state, the Town of Old Saybrook and a private entity owning property with significant redevelopment potential, and which also happens to be at the center of our local effort to revitalize a section of Route 1 that we now call Mariner’s Way. We will use this grant to identify any existing contamination in the soils or in existing buildings and, if needed, create a remedial action plan. These grants help eliminate the uncertainty of the redevelopment process by helping municipalities, developers and site owners get properties one step closer to productive reuse. Investment in planning for cleanup of pollution on these sites will pay long-term dividends to the Town and the state by driving economic revitalization, eliminating blight, returning properties to the tax rolls and boosting long-term economic growth.”

The grant was awarded by the Connecticut Department of Economic and Community Development.