Business & Tech

15-Acre White Barn Theatre Property In Norwalk Sold To Developers

The Cranbury Road property reportedly was sold for $3 million.

NORWALK, CT — The 15-acre parcel that held the White Barn Theater in Norwalk has been sold to local development company Able Construction, a move that ends an effort by the Norwalk Land Trust to preserve the plot as open space for passive recreation.

Peter Greenberg of Wilton and Jonathan Schwartz of Westport, the principals of Able Construction, purchased the property from New Canaan-based Fieber Group earlier this month.

The land trust had tried to buy the property but was unable to raise enough money to do so. Those who contributed to that effort will be reimbursed, according to the trust's President D. Seeley Hubbard. He thanked the donors "with profound gratitude for supporting our initiative to protect this acreage with its abundant plant life, as a wildlife refuge and for its sheer scenic beauty."

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The Hour writes that the purchase price for the property was $3 million.

Able Construction will build a 15-home development on the property, with work beginning in two phases next month.

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According to the land trust, the White Barn Theater property "plays an important role protecting both the quality and quantity of drinking water for the area's watershed as part of the larger, multi-town Saugatuck River Watershed drainage basin, eventually feeding into Long Island Sound."

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