$2,999,900

This pristine and beautifully sloped approx. 41.54 acre site in the Town Plot and Country Club neighborhood area is located in the lower southwestern quadrant of Waterbury is convenient to Rte 8 and I84 and neighboring towns of Middlebury and Naugatuck. The city of Waterbury desires to have this property developed into a 150+/- units, Adult 55+ years required town home complex. The city has indicated that it will provide up to a 35% real estate tax incentives for 15 years(2038) with the possibility of extensions. This site has never been developed so there is no residual from any commercial or industrial past and all utilities are available. The uppermost portion of the site borders Murray Park and offers scenic views . The surrounding properties include mostly moderate priced single family homes and support businesses. This site has close proximity to two major hospitals, St. Mary's Hospital and Waterbury Hospital, Waterbury Country club with a golf course, Brass Mill Center and Commons,the Palace Theater and a new AMAZON facility to be constructed. St.Mary's Hospital and Waterbury Hospital will be acquired by Yale New Haven Health in 2023 which includes 357 beds.A new proposal for a long-term facility, 2024, is less than a 2-mile proximity is planning to hire 1000 employees. See Addendum for more information.