Summary
The CRA seeks a buyer to acquire the above-referenced property for the purpose of future community redevelopment efforts in the Downtown Community Redevelopment Area. The property in question should be used to support development opportunities that are consistent with the Downtown Community Redevelopment Area Plan, including the Downton Core Character District. The vision for the district includes making it an entertainment destination including active waterfront, marina, cultural events and attractions, festivals, markets, restaurants, bars, brewpubs/microbreweries, theaters and shopping attractive for all ages. The proposal shall include a minimum purchase price of $875,000.