WINDSOR LOCKS – The proposed development for All Sports Village is back on track now that developer Andrew Borgia plans to close on land in November.
Borgia, the director of New York-based JABS Sports Management, said on Friday he expects the grand opening to happen by the end of this year.
He refused to disclose the price of the land.
The 76-acre property where the sports complex will be located is on Route 20 between Interstate 91 and Old County Road and is owned by the Thrall family of Windsor.
A year ago, Borgia said he planned to close the property in October 2021. This week he said development delays were due to the COVID-19 pandemic.
The sports complex will have indoor and outdoor spaces for competition in several sports, an entertainment center, a medicine / physiotherapy unit, hotels, restaurants and shops.
First Selectman J. Christopher Kervick said the resort would bring in an additional $ 15 million in revenue in its first year, and that by year 15th that figure would increase to $ 38 million. It would also provide around 300 jobs and bring a minimum of $ 2 million in additional revenue directly to the city.
In May 2019, voters approved a district tax increase funding for the project, which allows the city to deposit the new property taxes it generates into a special fund, and then use that money to subsidize the project. business and make infrastructure improvements in the surrounding area.