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July 16, 2020

East Windsor to consider tax abatement for planned industrial complex

Renderings | The Silverman Group The Silverman Group is seeking a tax abatement for its planned industrial complex at 12 South Main St. in East Windsor.

East Windsor officials on Thursday will discuss a proposed tax abatement for a New Jersey real estate development firm planning to build a logistics center on vacant farmland on Route 5.

The town’s board of selectmen is expected to vote Thursday evening on the final terms of property tax abatement for The Silverman Group, of Basking Ridge, N.J., as it looks to build two industrial buildings totaling 246,240 square feet at 12 South Main St.

The cost of the project was not disclosed.

The abatement is being negotiated a year after HBJ reported that Hartford food distributor Sardilli Produce & Dairy Co. Inc. was eyeing the vacant property to build a sprawling 202,400-square-foot distribution facility for produce manufacturing, warehouse storage and office space. 

The town approved a tax abatement for that project, which was later scrapped when Sardilli ended up relocating to Windsor instead.

In a statement Wednesday, The Silverman Group said it will market the so-called East Windsor Logistics Center to "local and large businesses." Construction of the 22-acre complex is expected to last from August to spring 2021.

“This exciting project fits in perfectly with our plan of conservation and development and East Windsor’s ideal location between New York City and Boston should be a good fit for them, as well,” First Selectman Jason E. Bowsza said in a statement Wednesday. “Our proximity to I-91, I-90, and I-84 makes sense for rapid distribution from a central location … .”

Rendering | The Silverman Group
The Silverman Group is set to build a $15-million logistics center at 12 South Main St. in East Windsor.

According to plans, the industrial park will feature 95 dock doors, 32-foot ceiling heights, eight drive-in doors, auto and trailer parking areas and trailer storage for prospective tenants.

The Silverman Group acquired the property, which is split into four parcels, for more than $2.28 million in February, land records show.

The project marks The Silverman Group’s first in town, but it has been active in other parts of Connecticut. It currently operates approximately 970,000 square feet of industrial warehouse space in Manchester, Windsor and Cheshire, and built a mixed-use multifamily development on the land formerly housing The Hartford in Simsbury.

The group is also the former owner of downtown Hartford's 100 Pearl St. office tower.

Nationally, The Silverman Group owns and manages 4,000 multi-family units and more than 18 million square feet of office, industrial, retail and aviation properties. It also currently has more than 3 million square feet of industrial and 2,000 multi-family units under development in six states.

 “We are excited about expanding development opportunities in East Windsor and are eager to get started moving dirt and bringing the renderings to life,” said Dan Lacz, vice president of development and construction for The Silverman Group.

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