Urban Act State Grant to Demolish Preston Riverwalk Property

Agency - Bond Commission

A total of $5 million Urban Act grant will enable the Preston Redevelopment Agency to demolish one of the largest and most expensive buildings.


The state grant was awarded in part of an effort to clean up the remaining former Norwich Hospital buildings. According to First Selectman Robert Congdon, the funding will "go a long way toward getting this property shovel-ready for development."


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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.






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