The Mystic Fire District decided in 2006 to resurrect the abandoned and dilapidated "Homestead" building located on Cottrell Street in the downtown village of Mystic. During its lifetime, this building, which overlooks the Mystic River and Mystic River Park and drawbridge, was a sea captain's family homestead and later converted into a boarding house then into separate apartments. Along the way, the home fell into disrepair and sat vacant and deteriorating for nearly 20 years. Coastal Construction Management, LLC was contracted to refurbish this historic post-and-beam home into three luxury living units. The building was painstakingly restored to its original beauty and prominence on the exterior, and upgraded to include the latest in luxury and convenience on the  interior.