Economic Development Big News in Norwich

NORWICH BULLETIN (December 24, 2019) — From new apartments coming online to businesses relocating or closing, a failed bonding program to a fast-food restaurant’s plea to join a historic community — economic development was a leading story in Norwich during 2018.

In Taftville, developer Finbar O’Neill, of Onekey, LLC, announced in September the completion of phase one of The Lofts at Ponemah Mills’ residential development project, while at the same time breaking ground on Phase 2 of its construction.

The completion of Phase 1 brought 116 residential rental units online, of which 60 percent are low-income housing tax credit units and 40 percent are offered at market rate. Phase 2 of the project, which O’Neil said he hopes will be completed by the fall of 2019, will bring an additional 121 units, including 74 low-income housing tax credit units.

While residents at Ponemah Mills have started filling out the Taftville neighborhood, they are lacking nearby grocery options as Starrwood Market, a longtime Greeneville staple that shuttered its doors in July.

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