Norwich is hoping its participation in the Connecticut Main Street Center’s (CMSC) Come Home to Downtown program will provide the answers for revitalizing this historic but maligned building, reports the Norwich Bulletin.
The City authorized a memorandum of understanding between the council, Norwich Community Development Corporation (NCDC) and CMSC in February. Under the Come Home to Downtown program, the city commits $750 which brings “$50,000 worth of services” to the task of repositioning the 193-201 Main Street property for modern use, CMSC president & CEO John Simone said.
CMSC’s Come Home to Downtown program provides customized technical assistance on how to bring under-utilized properties such as the Reid & Hughes building back to life with housing above commercial space. Much of the emphasis in Norwich will be on minimizing pre-development costs like acquisition and permitting, which could lead to significant later savings for investors and make the project more financially desirable.