Municipal leaders in Waterbury and Naugatuck signed off on a $2.5 million sale of a 157-acre property with portions in both communities for redevelopment into a massive Amazon distribution center.
The approval sets off a due diligence period of up to 18 months for Bluewater Property Group, the Pennsylvania-based developer behind the Amazon proposal. Bluewater would have another year to begin construction, Hyde said.
Thomas Hyde, CEO of the Naugatuck Valley Regional Development Corp., said Bluewater representatives have expressed continued eagerness to build and it is possible they would move more quickly than required.
The sale was unanimously endorsed by Waterbury’s board of Aldermen on Monday and the Naugatuck Board of Mayor and Burgesses Tuesday.
Hyde said Waterbury officials will soon begin meetings with community groups to share information about the proposal, including studies of noise, light and other impacts.
Gov. Ned Lamont has said Bluewater’s proposal has the possibility to create 1,000 jobs.
“We are very excited the project is moving forward but there is still a lot that needs to happen before we break ground,” Hyde said.
