Companies associated with the New York City-based firm Ironburgh Organization-which bought up 70 percent of 201 Munson two years ago-pulled an $8 million open-ended mortgage for the project on May 18 from a lender called Lane Capital Partners.That’s the 398-unit, mostly market-rate apartment complex slated to be built atop a 12.7-acre vacant former site of the Olin Chemical Company bounded by Munson Street, the Farmington Canal Greenway, and Argyle Street on the Dixwell/Newhallville/Science Park border.Ī slew of recent land-use and legal filings point towards new behind-the-scenes movement on the long-stalled project.Īccording to the city land records database: Those are the latest turns in the years-long saga of 201 Munson St. ![]() The original duo behind an ambitious Newhallville development pocketed $15 million as they ditched the unbuilt project - leaving behind cracked asphalt, overgrown weeds, mounds of dirt, and a lingering question: Will these apartments ever get built?
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