An ongoing partnership with the State of Connecticut seeks to identify and remediate brownfield sites, and to repurpose former manufacturing facilities into new manufacturing facilities and mixed-use development projects.
Over the last 8 years, successful projects in the city’s central business district, and brownfield revitalization initiatives are currently generating over $12 million annually in property tax revenue and annual tenant lease income.
Brass City Regional Food Hub
One of the most successful recent brownfield remediation projects is the Brass City Regional Food Hub – the first purpose-built facility in Connecticut to aggregate, sanitize and distribute farm produce that meets FDA food safety standards.
Waterbury Mayor Neil O’Leary has been recognized by the United States Environmental Protection Agency (EPA) for his work in cleaning the sites of the city’s industrial past, and restoring them as usable, taxable property.
The Anamet Property
Positioned on the banks of the Naugatuck River, this 18-acre site, with a 220,000 square foot facility, originally belonged to the Anamet Corporation – who once employed hundreds of people as the largest global manufacturer of flexible metal hose. Once remediated, this property can become the centerpiece of Waterbury’s South End.
New Mill Street Community Park
Leveraging a $3 million grant from the state, the former site of the Nova Dye & Print Corporation will now feature a large community park and baseball field.
Property Programs & Incentives
Many commercial properties in Waterbury – including several brownfield redevelopments – offer tax benefits and other incentives for qualifying businesses.
The City has the second-largest Enterprise Zone in the state – with over 1,600 properties – as well as four federally-designated Opportunity Zones.