Preston, CT – The Preston Redevelopment Agency (PRA) has contracted Jones Lang LaSalle to provide an economic and market analysis for the redevelopment and disposition of Preston Riverwalk, a 390-acre riverfront campus in Preston,. Owned by the town of Preston, Jones Lang LaSalle has begun work with civil and environmental consulting engineering firm Fuss & O’Neill, Inc. to produce a master regulating plan for the property.
The former Norwich State Hospital site is a prime location across Connecticut’s Thames River from Mohegan Sun Casino. It is situated at the epicentre of the southeast Connecticut tourism region, on the direct route to Foxwoods Resort Casino. The campus has frontage on the Thames, and long views to Long Island Sound. More than half of the property is undeveloped. A forested hillside surrounds the reservoir.
Over the past 100 years, 140 acres of the 390-acre site were developed extensively as part of the hospital property. The mostly flat terrain is interspersed with existing infrastructure, public utilities, a 500-foot deep water pier, an active railroad, and connector to I-91. In 2009 the town of Preston purchased the the site from the State of Connecticut.
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