MA - Massachusetts Company Floats Plan for Dredging Hub on Thames River
A Massachusetts-based developer floated preliminary plans to repurpose the former Dow Chemical plant as a hub for its dredging business in Connecticut and New York, and to expand the dock on the site to potentially support ancillary work for offshore wind development out of New London.
GALES FERRY – A Massachusetts-based developer floated preliminary plans to repurpose the former Dow Chemical plant as a hub for its dredging business in Connecticut and New York, and to expand the dock on the site to potentially support ancillary work for offshore wind development out of New London.
In a presentation to the Ledyard Planning and Zoning Commission last week, Harry Heller, an attorney representing Cashman Dredging and Marine Contracting, said the company is still “a long way away” from closing on the purchase of the property, and that even after that, it takes years to develop sites like this. But the company wanted to present its plans to the Planning and Zoning Commission to get its sense of potential roadblocks in the process.
Heller said Cashman intends to use the site for its marine operations in Connecticut and New York, which will include bringing barges and dredging equipment to the site. Cashman also intends to rebuild and extend part of the docks on the site, both to accommodate its own business and the tanker that brings materials to AmSty.
Allen Perrault, vice president at Jay Cashman – the parent company of Cashman Dredging – said the site is attractive because of its proximity to open water and the ocean. He said the site would be like one Cashman has at the Quincy Shipyard in Massachusetts, where the company runs its own business, and also finds other water-dependent tenants to help support the dock.
The Quincy Shipyard is home to Cashman, General Dynamics’ Bluefin Robotics, and a holding facility for the New England Aquarium. Perrault said Cashman only needs about 10-15 acres of the 164-acres site for its own uses, and AmSty leases another 25, leaving a significant amount of potential for other uses.