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Meet the duo behind an ambitious $30M plan to build the region's first autonomous vehicle test track facility, research center

Longtime financial adviser Steve Cortese heard back in 2018 that UConn was seeking investors to potentially build an autonomous vehicle testing facility near its Storrs campus, an idea that piqued his interest.

So he decided to travel to the university with his daughter who was enrolling that year in the school’s nursing program. ....

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UConn eyes $5M campus property sale for autonomous vehicle test track, research facility

UConn’s Board of Trustees has unanimously approved an option agreement to sell 105 acres in the southwest portion of the school’s Mansfield Depot Campus to a private company that would use it as the region’s first-ever connected and autonomous vehicle test track and research facility.

Under the option agreement – if all steps and zoning approvals are met – UConn would sell the property to Promesa Capital LLC for $5 million.

Promesa Capital is a limited liability company formed in 2021 by Steve Cortese, who lists a Guilford business and home address. ....

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