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New London's Troubles
November 11th, 2009

The possibility that the Atlantic Yards project could become a parking lot was a one of the criticisms leveled against the development by its critics last year. And it seems that similar circumstances actually unfolded in New London, Conn., the location of the landmark eminent domain case that effected the nation. Redevelopment plans for the area didn’t work out as planned and the site is left overgrown.

Now, Pfizer, the focus of the city’s economic development plans — and of its home condemnation — will be closing up shop there, adding to the fallow area’s troubles. “The announced closing of the New London site eight years after it opened to great fanfare came as a blow to a city that had counted on Pfizer’s multimillion-dollar facility to help revive its fortunes,” reports the Hartford Courant.

By on November 11, 2009, 3:13 pm
In category: Economy,Land Use,Law | Comments Off on New London's Troubles

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