Business & Tech
Milford Cinema Sells for $5.8 Million
There are a number of possibilities for development on the newly acquired property.
At the Economic Development Commimission meeting this morning, it was announced that the site has been bought for $5.8 million.
Ceruzzi Properties, a Fairfield-based company with a history of developing in Milford, has purchased the property.
What Could Be Built There?
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"Zoning allows for mixed use," Milford Director of Economic & Community Development Bob Gregory said. Gregory noted that one single tenant could occupy the property, or "it could be a combo of things."
"As Cyrus [Settineri, Economic Development Commission Chairman] said, they're quality developers who will make something happen," Gregory noted.
Find out what's happening in Milfordfor free with the latest updates from Patch.
Everyone had great ideas about possible occupants during our . Now that Ceruzzi Properties has bought the land, what do you think should be built there?
Another movie theatre, Bob Gregory noted, will not occupy the space.
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