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June 19, 2024

With $2M brownfields grant and new ownership, former Stanadyne campus in Windsor looks for new life

Costar The former Standyne campus in Windsor
By Hanna Snyder Gambini

The town of Windsor has been awarded more than $2 million for environmental and remediation work at former industrial sites that will become a new riverfront business park, town officials said.

A $2 million brownfields grant was awarded June 14 by the state Department of Economic and Community Development for remediation work at the former Stanadyne plant at 90-92 Deerfield Road.

Another $200,000 was awarded to conduct an environmental assessment study of a neighboring property, which will collectively become part of a new Connecticut River Business Park.

Ohio-based IRG Industrial Realty Group LLC bought the fully vacant property in late 2023 for $250,000. It covers 52 acres and contains three empty buildings. The campus now has 740,000 square feet of flex space that will soon be leased to multiple tenants.

Buildings range from 500,000 square feet down to 90,000 square feet, and the spaces are “flexible” in their use, said Windsor Economic Development Director Patrick McMahon, who said IRG has made “significant upgrades” to all three buildings in order to try to bring new businesses to Windsor.

Ideal uses include manufacturing, distribution, assembly, storage, office or laboratory. 


Commercial real estate firm JLL is the leasing broker. 

One building is available now for lease, and more space will come online when site work is completed, McMahon said. The remediation work will follow IRG’s previous work on the campus, including exterior cleanup and security improvements, along with interior work, which will include wall demolition and new lighting and painting. 

IRG bought the property in a bankruptcy sale, and plans to invest at least $5 million into building improvements and upgrades, said IRG Senior Vice President Peter Goffstein.

Windsor was among several municipalities to receive a remediation grant, which according to the DECD, “will enable the adaptive reuse of the property to a business park that will provide new manufacturing, research and development, warehousing/distribution, and offices to meet local market demand.”

IRG has also purchased properties in Torrington, New Britain, Meriden and East Hartford, including the former Pratt & Whitney aircraft manufacturing facility in Southington.

Stanadyne is a gas and diesel fuel injection systems manufacturer that was founded in 1876 as Hartford Machine Screw Co., and renamed Standard Screw Co. in 1900. In 2009, Stanadyne announced plans to close its Deerfield Road manufacturing plant and relocate 250 employees to North Carolina.


 

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