It\u2019s a prime piece of commercial real estate right off the highway, equidistant between Hartford and Springfield, five minutes from the airport, and right now the development market is on fire,\u201d Bowsza added. \u201cWe have what is effectively a handcuffed parcel.\u201d<\/p><\/blockquote>\n
To acquire the land, town leaders would set up a redevelopment authority. The process also needs to be approved by residents in a town meeting. If okayed, the town would purchase the land at market rate.<\/p>\n
The property could then be sold by the town for commercial uses. Then it could be taxed. Estimates say it could generate tens of thousands of dollars a year in tax revenue. A new use would also lead to additional jobs. Bowsza said at least two developers are interested in purchasing the property.<\/p>\n
So far, the tribes still own the land. They have not said what they plan to do with the property. The land is not part of either of the tribes\u2019 reservations.<\/strong><\/p>\nThe East Windsor casino was seen as a competitor to the MGM Springfield, located 12 miles away in Massachusetts. MGM filed litigation against the satellite casino. The litigation has since been dropped.<\/p>\n
Tribes Called Casino \u2018Viable\u2019<\/h2>\n
Two years ago, the two tribes issued a statement that said, \u201cWe still believe Tribal Winds is a viable project that will come to fruition once markets improve, and we\u2019ve taken concrete steps toward restoring normal business operations.\u201d<\/p>\n
But among those who support considering the eminent domain option is state Sen. M. Saud Anwar, D-South Windsor. \u201cThe taxpayers of East Windsor have been harmed by the decisions made between the state of Connecticut and the tribes,\u201d he told the Journal Inquirer<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"The East Windsor, Conn., property on which a satellite casino was once proposed may be acquired by the town. It could be achieved through a legal process known as eminent domain, according to a published report. Town officials call the property prime commercial real estate, the Journal Inquirer, a Connecticut newspaper, reported this week. But […]<\/p>\n","protected":false},"author":44,"featured_media":208614,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[60,18456],"tags":[],"acf":[],"yoast_head":"\n
Connecticut Town Considering Acquiring Land Set Aside for Casino<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n