Boatyard Battle Heats Up in CT

Stamford-Advocate-marinatrouble At a [Stamford, Connecticut] planning board meeting on Tuesday night (August 20, 2013), residents resumed their adamant opposition to a proposed license agreement that would grant rights to more than 2.4 acres of city land on Magee Avenue for use in a new boatyard in exchange for $5 million in public improvements.

Many speakers echoed arguments made at a hearing last week, and said Building and Land Technology‘s decision to illegally demolish a boatyard at 14 Bateman Way — where the developer now hopes to build a $750 million headquarters for hedge fund Bridgewater Associates — should not be rewarded.

As part of a 2007 agreement, BLT’s predecessor, Antares, had agreed to maintain a working boatyard at the Bateman Way site.

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Stamford Advocate