Saturday, August 30, 2008

North Haven mixed use development on hold

Reported by the NHRs Ann DeMatteo:

NORTH HAVEN - The sizeable mixed-use project promised for Washington Avenue is on hold for “the foreseeable future,” a victim of deteriorating market conditions, the project’s developer says.

Developer Mickey Rabina said the $500 million retail, commercial and residential plan proposed for the former Pratt & Whitney Aircraft plant site is “
unachievable under the economic conditions that exist now and are likely to exist in the foreseeable future.”

But Rabina Properties of Scarsdale, N.Y., is not saying goodbye to North Haven; it’s just shifting gears.

Tim White

1 comment:

Anonymous said...

Why aren't the people Cheshire being told what the status of the W/S mall is. I think we deserve it especially after W/S took so much of our town government's time.

Why is our Economic Coordinator keeping us in the dark. An update should be on the TC council meeting agenda.

I understand that W/S is going to ask P&Z for zoning changes on 9/8. Is that true and what are they?