Connecticut rejects private developer, moves to open state-owned hotel and spa
The Department of Energy and Environmental Protection is poised to take on a new role: hotel and spa owner. Governor Malloy cancelled a contract with a private investor and directed DEEP to turn the Seaside Regional Center in Waterford into a hotel, spa and public park. Rather than selling the property to Allied Development Group for $8 million for the exact same purpose, the state is trying to spend $21 million - by their own estimate - to turn the property into a viable tourist destination.