A resolution to finalize a settlement agreement with Carriage City Properties was pulled at last week’s Redevelopment Agency meeting.
The 1,000-seat amphitheater planned for the former Hamilton Laundry site is expected to go out for construction bids by the end of this month and break ground by October, City Engineer James Housten told the Redevelompent Agency at its meeting last week.
To date, soil investigation has been completed and remediation plans have been approved while oil tanks have been removed and monitoring wells set up, he said. Remediation will take place on site and construction will begin immediately after that, he added.
Although 65 E. Cherry St. may be beyond repair, the Redevelopment Agency might make an offer on the property.
City Administrator and Redevelopment Director Peter Pelissier told commissioners at their meeting earlier this month that the property may be worth $75,000 but demolition costs could run as much as $65,000.
Continue reading Agency may buy burned out E. Cherry property
The Redevelopment Agency earlier this month approved the purchase of another Hamilton Street home as part of projects within the Arts District.
Continue reading Agency acquires another Hamilton Street home
A Jersey Shore-based developer is apparently interested in acquiring the stalled Savoy project on Main Street.
Continue reading Shore-based developer interested in The Savoy
The Redevelopment Agency received a $350,000 judgment against the developers of Riverwalk.
The Redevelopment Agency last week approved a one-year, $75,000 contract with Ryno Marketing Group to assist in redevelopment of the Arts District.
Continue reading Marketing firm to oversee arts district development