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A biotech company contemplating a move into Windsor has paid nearly $4.4 million for a roughly 40-acre building site in Windsor’s Great Pond Village mixed-use development.
New Haven-based New England Cell Therapeutics bought 2195 Day Hill Road in Windsor and 1600 Blue Hills Ave. in Bloomfield from Winfield Business Park LLC in a deal logged by the towns May 2. Town assessing records from both municipalities show the neighboring, undeveloped properties to have a combined 40.6 acres.
New England Cell Therapeutics had previously approached Windsor seeking a tax abatement for a $36 million project adding a 50,000-square-foot facility to 2195 Day Hill Road, located across The Hartford’s Windsor campus.
Formed in 2019, New England Cell Therapeutics is owned by Japan-based Nipro Group, which makes pharmaceutical packaging and other products, and counts U.S. locations in New Jersey, Indiana and Virginia.
Attempts to reach New England Cell Therapeutics were unsuccessful Tuesday morning.
Windsor officials say they’ve attempted to contact the company since the land sale. New England Cell Therapeutics has not concluded a tax abatement agreement with Windsor.
Windsor Town Manager Peter Souza said New England Cell Therapeutics appears to be still “in the planning stages” concerning design, business decisions and product development. He believes the company might have moved to secure a premium location in a very active real estate market.
“The town is excited about the possibility of the company locating here,” Souza said. “It continues the diversification of our already diverse tax base. The potential for a biopharma or life science building is exciting. It continues to bring a good range of professional and technical jobs to the region.”
The 653-acre Great Pond Village development dates back to 2008, when Concord, Massachusetts-based Winstanley Enterprises was chosen by ABB Combustion Engineering to lead redevelopment of its former Windsor campus.
Great Pond Village received its first addition with the 2019 opening of the 230-unit Preserve at Great Pond luxury apartments complex. Development there has picked up steam this year, with plans for a 750,000-square-foot warehouse progressing and about $15 million in road and infrastructure work under Winstanley scheduled to begin soon.
Several other projects are lining up, including a data center, age-restricted residential community and 185 units of additional housing.
James Panczykowski, managing director with JLL, acted as listing broker, according to CoStar. Panczykowski declined comment Tuesday morning.
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