Redevelopment in Old Saybrook

Former Hendey Machine Company Plant
October 5, 2017
Show all
03

REDEVELOPMENT IN OLD SAYBROOK

Old Saybrook, CT

THE PROJECT

  • GOMAN + YORK was engaged by the Town of Old Saybrook, CT to undertake a feasibility analysis for the redevelopment of a long-abandoned and deteriorating electric power plant in that community.Our final report recommended a combination of multi-family housing, collaborative workspace and amenities including public access to the Connecticut River.
  • The report included conceptual design, financial proformas and a rigorous market analysis including market, demographic and socioeconomic data.
  • Throughout the project we worked with Town staff, elected officials, the property owner and we engaged the community to ensure their input in our process. We are now planning to proceed with Phase II of the project at the request of the property owner to implement our recommendations.