Portland Property Revitalization Project Collapses After Failing to Win Vote

PORTLAND, CT – A proposed project to revitalize the former Elmcrest property has been withdrawn after collapsing Wednesday, the Middletown Press reported.

A Danbury developer withdrew his proposal after failing to win a vote by the Board of Selectmen, according to the Middletown Press. Winning the vote would have meant the board pledged to support seven-year tax exemption for the project.

The project was proposed to cost $30 million, the Middletown Press. The vote ended an almost 18-month effort to gain approval.

Read the full story at the Middletown Press.

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