NORWICH – Pending finalization of a lease agreement currently in the works, Norwich Meadows Farm will be the new occupant of a longtime untenanted commercial property in the Town of North Norwich.
Norwich Meadows Farm – a local certified producer of organically grown produce, poultry and eggs – is likely to expand operations to the Earl B. Clark Business Park off state Route 12 in North Norwich in the coming weeks. The business park which is located adjacent to Norwich Pharma Services is presently owned by the Chenango County Industrial Development Agency but has been vacant since being gifted by Procter and Gamble Pharmaceuticals in 1995.
The 10-year lease with Norwich Meadows Farm will entitle the business to the northern 20 acres of the 48-acre park, leaving remaining land available for another lease or purchase deal in the future. Terms of the lease require Norwich Meadows to pay $5,400 annually ($270 per acre) with the possibility to purchase.