Former Army Engine Site on "For Sale" List Again
STRATFORD, Conn. (AP) _ The federal government has put a contaminated 78-acre former Army engine manufacturing plant in Stratford back on the auction block.
The site along the Housatonic River was sold for $9.6 million in 2008 to a developer who wanted to turn it into a movie studio, but the deal fell through when funding could not be secured.
The General Services Administration, which oversees federal property, says the buyer would also inherit the obligation to clean up the site, estimated in the millions of dollars. The factory closed 13 years ago.
Robert Hartmann, a Milford-based real estate developer who considered bidding on the property, tells The Connecticut Post the cleanup stipulation is discouraging potential buyers.
The auction is scheduled for Jan. 27.
Information from: Connecticut Post, http://www.connpost.com
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