Business & Tech
Milford Cinema Sells for $5.8 Million
There are a number of possibilities for development on the newly acquired property.
At the Economic Development Commimission meeting this morning, it was announced that the site has been bought for $5.8 million.
Ceruzzi Properties, a Fairfield-based company with a history of developing in Milford, has purchased the property.
What Could Be Built There?
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"Zoning allows for mixed use," Milford Director of Economic & Community Development Bob Gregory said. Gregory noted that one single tenant could occupy the property, or "it could be a combo of things."
"As Cyrus [Settineri, Economic Development Commission Chairman] said, they're quality developers who will make something happen," Gregory noted.
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Everyone had great ideas about possible occupants during our . Now that Ceruzzi Properties has bought the land, what do you think should be built there?
Another movie theatre, Bob Gregory noted, will not occupy the space.
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