Army to Try Once More to Unload Stratford Engine Plant
In the federal government’s latest attempt to dispose of the Stratford Army Engine Plant in Connecticut, the General Services Administration (GSA) has issued a request for bids on the 126-acre property that was shuttered in 1998.
GSA’s New England region is considering holding a bidders conference at the end of July. And because of the sizeable liability associated with the leftover contamination, there will be no minimum bid, reported the Hartford Advocate.
The government’s previous tries to transfer the site have fizzled. After waiting 11 years for the city of Stratford to come up with a plan, the Army decided to auction the plant in 2007. The winning bidder — which offered $9.6 million — was unable to carry out its plan to turn the site into a movie studio complex. More recently, a proposal to build a $1 billion resort on the property evaporated due to the cost of cleaning it up.