According to the Hartford Business Journal, Bluewater Property Group has received an additional nine months to finalize the purchase of approximately 157 acres of city-owned land in Waterbury and Naugatuck for a 3-million-square-foot Amazon warehouse. Initially agreed upon in May 2022 for $2.5 million, the new deadline for due diligence is now August 4, 2025. The development is expected to add $150 million to the city’s tax base and create between 500 to 1,000 new jobs.

Click Here: Waterbury signs off on nine-month due diligence delay for planned Amazon warehouse for more information.