Tuesday, February 1, 2011

Sale of Coast Guard Site Complete

The city now holds the deed to the coast guard site on Water street, paving the way for condos, a hotel, and retail development on the waterfront property.

City Manager Pat Woods says it's a major step forward for waterfront development.

The city paying 2.8 million dollars for the land, which includes all of the buildings.  Work is expected to begin later this year.