Advertisements

Bristol Roundup – Patience Pays Off. Taking the Time to Do it the Right Way.

Bristol Health Medical Complex on the former mall site

The Bristol Development Authority (BDA) and City Council are charged with coordinating development on Centre Square. Prior to submitting projects to these boards, City staff work closely with developers/businesses interested in developing on the downtown parcel(s).

This early work is critical to ensuring projects align with the community’s vision for Centre Square and to address engineering and other technical challenges early in the process.

Historically, developers first execute a Letter of Intent with the City to secure exclusive access to a portion of Centre Square to complete due diligence.

“Bristol Health’s investment in downtown is serving as a catalyst for others to envision the potential. With so much history built into what has occurred here for the last 50 years it is really important that the Centre Square development be thoughtful, and reflect the community’s needs. Health care, in terms of employment and patients will bring people downtown. It is a true case of connecting the dots and creating a network of destinations whether it is for government services, lunch, after work gatherings or professional and financial services.” – Mayor Ellen Zoppo-Sassu

This due diligence includes reviewing environmental and other site data, completing site plan/building design and securing land use and other board approvals, obtaining financing (if needed) to fund the project, and more.

This due diligence often is completed prior to executing a Purchase and Sale Agreement, which officially transfers municipally owned property to a private developer/business for completion of a project in that both sides are satisfied.  

Advertisements

The Roundup is a popular magazine covering Connecticut news, Statewide news, National news, local events, commentary, and beyond!

 

The Roundup currently has over 5,700 subscriptions and a local social media following of over 95,000 readers across multiple social media sites, apps, pages, and groups.

 

The Roundup is also a proud member of WordPress. This affiliation offers readers more news from FOX 61 and CBS Connecticut on The Roundup.

Latest Stories From Roundup Partner : FOX 61

Hot Tuesday with rising humidity; Tracking storms for Wednesday

Hot Tuesday with rising humidity; Tracking storms for Wednesday

If you love summer, this forecast will be your cup of tea with rising heat and humidity sticking around into next week. Today will be another very warm/hot day with partly cloudy skies and highs in the upper 80s-near 90 degrees. While the humidity will rise a little bit, it still won’t be too steamy out there. Wednesday is a different story, however. The humidity will surge as moisture from once tropical storm Barry moves in. That moisture will also […]

Fairfield County business owners pitch in to help in the search for Jennifer Dulos

Fairfield County business owners pitch in to help in the search for Jennifer Dulos

NEW CANAAN — When Sky Mercede, a New Canaan resident and Norwalk business owner, learned about Jennifer Dulos, the New Canaan missing mother of five, he said he had to do something. “I didn’t even know her but I’m trying to help,” Mercede said. Mercede taped a “missing person” flier in the window of his business, Forever Sweet Bakery, in Norwalk. Then he started to distribute fliers to some of his neighbors and friends. “It affected me, it affected my […]

Art meets the chainsaw in Southington

Art meets the chainsaw in Southington

SOUTHINGTON – The sawdust has yet to settle, and it won’t anytime soon in Jared Welcome’s world. Welcome is one of the few chainsaw carvers in the state and travels Connecticut putting his indelible touch on downed trees. “I do this because I have a passion for it,” said Welcome, who works as a teacher in an area correctional institution. Working at a house where Eversource was forced to cut down a tree that threatened power lines, Welcome was about […]

PD: 4 arrested in connection to fight at Ocean Beach Park in New London

PD: 4 arrested in connection to fight at Ocean Beach Park in New London

Story written by: Julia Matter  NEW LONDON —  Police said four people were arrested after a fight broke out at Ocean Beach Park Sunday evening. New London Police Department said they responded to Ocean Beach Park around 6:54 p.m., following a report of a physical disturbance. Police said when they arrived, officers came into contact with multiple individuals involved in the incident. Pepper spray was used by officers to gain control of the situation, according to New London Police. Police […]

Comments

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.