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Tuesday, February 1, 2011

Coast Guard Plans To Stay In City

The Coast Guard plans to maintain a presence in the city even though Common Council has approved an agreement to purchase the high profile property on Water Street.
A spokesman for the Department of Fisheries and Oceans tells CHSJ News the agency will continue to operate at the current location - at least for now.

The city is purchasing the property in two phases -- and -- the spokesman says the department will eventually call for tenders to lease a facility -- a process that could take up to 15-months to complete.

The Hardman Group is waiting to finalize a deal to begin retail and commercial development at the site as early as later this year.