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September 23, 2019Cart

Business

by Fairfield County Business Journal
by FCBJ

Shelton acquiring 6.7 acres as part of development deal

The City of Shelton’s Planning and Zoning Commission has okayed a deal to buy 6.7 acres on Pearmain Road in White Hills as part of an approval for a three-lot subdivision by Key Development LLC.

The three housing lots, each of which will be composed of a maximum of one acre, will be created on 3.8 acres of a the 10.5-acre parcel at 69 Pearmain Road at the end of a rural cul-de-sac near Route 110. The remainder of the parcel will become city-owned open space. Shelton will seek a grant to help pay for the land, but based on a signed contract must buy the parcel by Dec. 1 regardless of whether the grant is received.

Key is required to accept a conservation easement to prevent any development on the rear portion of one of the housing lots.