| Resource |
Benefit |
| Land Use |
Achieves planned mix of complementary uses, revitalization, streetscape, reuse of property, pedestrian walkways connecting city attractions to downtown. |
| Community |
Revitalization improves quality of life for residents and attracts visitors. |
| Property |
Impacts allow success of master plan for revitalization of deteriorating urban center, and replacement, reuse/ rehabilitation of deteriorating buildings. |
| Zoning |
Achieves land use objectives of Torrington Plan of Development |
| Economics |
City: Net positive increase in employment, population, consumer expenditures.
State: Net positive increase in employment, population, gross state product, personal income, state revenue of $125 million over 20 years.
Private: Potential of $54 million annually in retail sales. |
| Traffic & Parking |
Roadway concepts improve traffic flow, parking, and pedestrian streetscape improvements. |
| Historic Resources |
Retention and/or rehabilitation of a minimum of 8 historic buildings in the Water Street Historic District; creation of a historical railroad plaza, promotes façade improvement program; streetscape and riverwalk improves setting. |
| Visual & Aesthetics |
Streetscape, Riverwalk, rehabilitation of deteriorating historic buildings. |
| Water Resources |
Riverwalk physically and visually reconnects downtown streetscape with river. Improvements in stormwater control would result of overall long-term improvements. |
| Environmental Risk |
Permanent remediation of an estimated 15 potentially contaminated sites providing long-term local and regional benefit. |
| Cumulative Impacts |
Cumulative effect of project promotes city and state economic and community development. |
