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06/30/2022 12:00 AMGood news for those looking for a fresh cuppa in the morning: the developer of the Indian River Landing has revealed that Starbucks should be open mid-July.
Developer Ken Navarro told the Harbor News on June 29 that the target date for the Starbucks’ opening is July 16. Additionally, Navarro said Madison Furniture Barn is projected to move into its place within the development in September.
Starbucks was first alluded to as a tenant for the new development to much excitement in May 2020. Madison Furniture barn was announced in November 2021. At this time, Navarro said that he had no other tenants or news to announce about the property besides the park area being open now.
“We’re going to try and to things that are complimentary to Clinton Crossing and have a retail strip in here,” Navarro said when asked about future tenants in Nov. 2021
Indian River Landing is the name given to the 38-acre property built where the former Morgan School used to stand. When built to completion, officials have said it will be filled with multiple buildings consisting of retail, restaurants, and potentially a hotel. Big Y, the first tenant on the property, opened in the fall of 2021. The development will also include walking trails and a park area for recreation uses.
In 2012, voters in Clinton narrowly approved the purchase of land on Route 81 to build the current high school and the old Morgan School closed its door in 2016. Big Y was first alerted to the impending redevelopment of the property in 2015.
That same year Clinton residents approved the potential sale of the old high school site to Mill Pond, LLC, for $2.8 million. Mill Pond, LLC, had planned to turn the property into a mixed-use development similar to the current proposal.
Instead of breaking ground on the project, residents were shocked to find out in August 2017 that developer Henry Resnikoff had terminated the agreement with the town citing issues with obtaining financing and a permit application from Department of Energy & Environmental Protection.
In 2018 the town announced the potential sale of the property to Greylock Property Group. After close to two years of gaining approvals and doing due diligence, Greylock officially purchased the property from the town for $2.2 million on Oct. 5, 2020.