OXFORD — A pair of large developments in town will help stabilize the tax rate going forward, local leaders said. The Towne Center / Quarry Walk plaza, which includes a grocery store, Goodwill and other retail, is proceeding along Route 67, with the $70 million-plus development on more than 30 acres to eventually include residences, medical space and a town green, among other amenities. At the same time, the CPV Towantic Energy Center, an 800-megawatt natural-gas-fired power plant, is approaching completion on Woodruff Hill Road. That project will provide $117.6 million in tax revenue for the town over two decades, according to an agreement reached earlier this year.
from Business http://www.ctpost.com/business/article/Oxford-developments-on-track-12233165.php
No comments:
Post a Comment