EB offers to buy 11 homes on Eastern Point Road to ease expansion concerns
Groton — Electric Boat has offered to buy 11 homes on Eastern Point Road, a way of addressing the concerns of neighboring homeowners who will be most impacted by its shipyard expansion plans.
Representatives from EB met with homeowners last week and made the offers, which were “the result of the company thinking about how to address (their) concerns,” said spokeswoman Liz Power.
EB officials had previously met several times with Eastern Point homeowners who are unhappy with the company’s plans to spend 97,500 at an auction in August. EB once owned the property, which was also owned for a period of time by Big Brothers-Big Sisters of Southeastern Connecticut.
The company also purchased 306 Eastern Point Road after the four-bedroom, single-family home went on the market recently. It is expected to close on the property at the end of this week. It’s unclear if the building was occupied at the time of purchase. Real estate websites place the value of the home around $245,000. EB hasn’t decided what it wants to do with either of the buildings, Power said.