(HARTFORD COURANT) – One of the most promising pieces of real estate in Middletown has for years been the site of a dilapidated parking lot.
The city-owned land is half a block from Main Street. It has sweeping views of the Connecticut River, the stately Connecticut Valley Hospital campus, downtown Middletown and the hills in East Hampton and Portland.
And, best of all, it’s about to be clear for redevelopment.
The so-called “parking arcade” behind the Superior Court building is finally being demolished, renewing the city’s pursuit of a new development that could add tax revenue, maintain public parking and bolster the region’s commercial hub.
“It’s a big deal. This is really valuable real estate,” Mayor Daniel Drew said. “It’s not the type of thing you’d want to be occupied by parking and parking alone.”