Land Use & Property Rights
…”The city has never capitalized on this to bring tourism. The neighborhood where homes and businesses once stood, is now a giant weed-filled lot near the water. The proposed hotel, condo, restaurant and office complex that was supposed to be built went out the window because the development company that was awarded the contract went out of business after leveling all of the homes and businesses that were there.
This parcel is next to the property that was given to Pfizer by the city. That deal came with a 10-year tax abatement. They built an office complex on the waterfront, across the river from their main plant. They left in year nine and sold the property to General Dynamics Electric Boat division.
Many families and businesses were uprooted and forced to leave town because of the unavailability of replacement property. Shame is on the town planners for bringing this on, and shame on the Supreme Court for reinforcing their decision.”
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