With the bonding package passed, the state bonding commission plans to release a total of $1,811,853 for improvements to Oyster Shell Park, Reed Street and West Avenue. From The Hour:
“These funds will go toward allowing riverfront access to all of Norwalk’s residents through improvements to the park, as well as survey work and remediation that is needed on recently acquired property,” Rell said. “The money will also go to engineering and architectural expenses over the next two years as the project moves forward. With plans for offices, housing and retail on the site, this project is really putting a new shine on the great city of Norwalk.”
Within the bond money is $550,000 for drainage, plaza paving, walkways, stairways, lighting and electrical work, benches, shade structures and landscaping, and other Phase 1 improvements to Oyster Shell Park, as called for in a park master plan. The park lies within the 70-acre Reed-Putnam urban renewal area.
City officials welcomed Rell’s announcement as a step forward for the urban renewal project, which so far has yielded The Maritime Aquarium at Norwalk, the Maritime Garage and Maritime Yards in the area bounded by Interstate 95, the Norwalk River and West Avenue.
“I am pleased that the funds (will be) released and grateful to Governor Rell for her continued support of our redevelopment efforts,” said Mayor Richard A. Moccia. “The Redevelopment Agency had advanced approximately $900,000 to secure the bid and enabled work to begin. The release of funds will allow the agency to be reimbursed and the remaining moneys to be available for the future work.”
Broken down, the bond money includes roughly $880,000 for the Reed Street underpass project; $550,000 for improvements to Oyster Shell Park; and $100,000 for architectural and engineering work. Part of the $100,000 will be used to review the construction plans for District 95/7 SoNo, a mixture of offices, residential and retail to be built between Interstate 95, Reed Street and the railroad tracks.Reed Street is to be extended beneath Metro-North Railroad Danbury Line tracks and serve as the primary artery into District 95/7. Last month, the Common Council authorized Moccia to execute a $6,617,750 contract with Brunalli Construction Co., to construct the underpass.
Within the approval was the understanding that $840,075 of the remaining state dollars for the underpass were subject to release by the state Bond Commission by Nov. 30, or “in the alternative, a reservation of funds by the Norwalk Redevelopment Agency, until such time as the Bond Commission acts to approve the grant funds.”
“We’re obviously very happy that (the remaining money) is on the Bond Commission (agenda), because it adds the funding for the Reed Street extension and underpass that we were seeking to fund the construction contract that the council awarded,” said John L. Burritt Jr., Redevelopment Agency assistant director.
If the Bond Commission releases the money, the construction contract will be signed with a go-ahead for work issued in January, according to Burritt.
In late October, Spinnaker Real Estate Partners LLC began, in the area of Reed Street, grading, utility relocation and other site preparation work for District 95/7.
“We are very excited to have this announcement (by Gov. Rell), which would mean the actual work on the underpass would start imminently,” said Spinnaker principal Clayton H. Fowler.
source: The Hour, Rell: $1.8M on its way for Reed-Putnam project, by Robert Koch, December 6, 2007
