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The tribe, which owns the Mohegan Sun casino located across the Thames River from the 470-acre site, wants to build an 18-hole championship golf course bordered by a marina, stores and housing. The Mashantucket Pequot Tribe was one of the early development contenders, but they pulled their plans last month. The number of developers interested in the state-owned property has dropped from 24 to four. Competing with the Mohegans are Spaulding & Slye, a Boston-based commercial real estate company that represents an unnamed Fortune 500 company. Also, the Starrett Corp. of New York wants to build affordable housing with a hotel, resort and retirement community. And the Greenwich-based Conroy Development Co. is proposing a golf course and mixed-use community combining office space, residential apartments and a town center. State officials and members of an advisory committee want developers to offer plans to build on the entire site, which could be sold or leased. The advisory committee this week may choose a single finalist or ask contenders to submit more detailed proposals for further study. The selection process began in early March, when the first round of 24 proposals was announced for what is regarded as one of the most attractive development sites in eastern Connecticut. In the second round last month, applicants were asked for information on their experience and finances so the committee could assess their ability to deliver on their plans. Only six groups responded to that challenge. That's when the Mashantuckets, owners of Foxwoods Resort Casino, backed out of the project. They cited a need to reduce the tribe's debt and have its businesses operate more efficiently. (Copyright 1999 by The Associated Press. All Rights Reserved.) ©1999 WTNH/WTNH-DT |
Four contenders vying to develop Norwich Hospital site