Gov. Ned Lamont announced on Dec. 20 that the Borough of Naugatuck will receive a $6 million grant to help redevelop a parcel near its downtown green and a planned train station.
The borough and its private partner, Pennrose LLC, will provide infrastructure and site improvements to a large, underutilized parcel located 500 feet from the downtown green and adjacent to the site of the borough’s forthcoming train station. Pennrose and the borough plan to develop the parcel with 180 housing units, 80% of which will be affordable at various income levels. The plans also include 7,320 square feet of commercial space. The total project cost is $17.3 million project and the site, known as Parcel B, is at the corner of Maple Street and Old Firehouse Road.
The grant is among eight that were given out as part of the recently launched Connecticut Communities Challenge Grant program. Naugatuck is a member of the Naugatuck Valley Council of Governments.
