Pity David Lattizori (well, not really) the developer who bought the Perkins Farm in Stonington. All of his plans to destroy develop the parcel have been frustrated, by the residents of the nearby Stone Ridge retirement community, which itself sits on land only recently raped by another developer. Per usual, it’s the folks who took advantage of the most recent destruction who speak out most vociferously against more of the same.
The protestors have a point, of course. We don’t need more upscale shops, or more hotels, and the “increased” tax revenues may represent a zero sum game, at best. Money spent in one place in Stonington cannot be spent elsewhere.
But Lattizori’s biggest mistake is his choice of property. He should build an unneeded hotel in Groton. Not only would the town planners do everything they could to cooperate with him, they’d throw in a tax break to sweeten the deal. And, according to precedent, he wouldn’t have to be in a hurry about it, because he could wait until after he builds it to apply for the incentive.
Actually, it will be interesting to see, should Lattizori get his zone change, whether he does apply for an incentive for a project that even he admits could not presently get financing.
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