Showing posts with label Depot Square. Show all posts
Showing posts with label Depot Square. Show all posts
September 8, 2014
Time for city leaders to -- shocking idea -- lead
August 6, 2014
SSShhhhhhh!! City hires new downtown consultant
The city
quietly hired a consultant his summer to duplicate much of the job assigned to
the nonprofit Bristol Downtown Development Corp. overseeing the revitalization
of the former mall site.

Mayor Ken
Cockayne said he hired the firm because he “thought we needed an outside,
independent review” to go over all the material from Renaissance and offer the council
guidance on what to do next.
“I’m doing
my due diligence,” the mayor said.
He said he
kept the move quiet “to fend off any undue influence” on the consultant
that might sway its recommendations. Click here for the full story.
July 13, 2014
GOP says: 'Let the public decide' on Depot Square
Let the public decide this time
Bristol, CT – July 13, 2014 – Although a formal proposal to do so has yet to be made, the idea of allowing the public to weigh in on the potential public financing of Depot Square by way of a non-binding referendum placed on this November’s electoral ballot has been floated. Public support of such a referendum can be heard around Bristol, from the barbershop to the post office, City Hall to the gas station, and everywhere in between.
However, not everyone is on-board with allowing the public to have a say. This past week Councilors Zoppo and Brown came out in opposition of such a measure. Councilor Brown equated asking for the public’s opinion to “throwing his hands up” and “not doing his job.” Representing the public’s desires for Bristol is your job, Councilor, and the best way to get the public’s opinion is through a referendum.
Councilor Fortier, meanwhile, did not offer a position on this issue, saying, “I don’t know. I’m not privy to anything.” Has Councilor Fortier not been a part of these meetings? Has she not met with the developer or others? Does she simply not have an opinion, or does she not want to make her opinion known? Perhaps she has just been spending too much of her time grandstanding on issues she has no authoritative power over, rather than focusing on matters she does.
The last time a major financial decision was made by the City on “Depot Square” back in 2005, it resulted in several million taxpayer dollars being spent on the mall. The decision was made in the middle of the night, with no public input. That administration decided they knew better than the public, and the result can still be seen today: a 17 acre parcel of emptiness in the center of our community, with millions in lost tax revenue and an I.O.U to the City’s “Rainy Day” fund.
Coincidentally, Councilor Zoppo - who opposes a public referendum on this issue - was a member of the City Council that made the initial decision to buy the mall with no public input in 2005. If the public is going to be asked to contribute additional money to this project, the Council needs to do the right thing and ask the public for its support. It is up to Renaissance Downtowns to sell this project to the public, as they have been working to do over the last few years.
At the end of the day, the City Council will have the final say – referendum or not – and will have the opportunity to lead. Why not at least get the public’s input before making that decision?
June 26, 2014
The BDDC is forcing Renaissance to give it a choice
June 25, 2014
Bristol voters may get the final say on Depot Square
Bristol Downtown Development Corp. officials said Tuesday municipal leaders are eyeing the prospect of a Nov. 4 referendum to determine whether residents are willing to use government money to help fund construction of the first piece of the proposed $280 million project to transform the city center. See full story.
June 24, 2014
BDDC's director retires unexpectedly, with questions lingering
Harrall, who works for Milone & MacBroom, said he was
retiring. He told commissioners he’d enjoyed with them and offered them his
best wishes.
“We could not have gotten here without you,” said Jennifer
Arasimowicz, chairwoman of the nonprofit overseeing the revitalization of the
ex-mall site.
John Lodovico, another commissioner, praised Harrall for his
guidance. He said Harrall proved himself “a big benefit to this board and to
Bristol” and even to the state.
“Thank you for everything,” said Frank Johnson, the BDDC’s
former chairman who handed over the reins to Araimowicz last year after his
grandson became gravely ill.
So what's so odd about it? Well, to begin with, the agenda for the special meeting failed to include an executive director's report, a standard item at every BDDC session.
And Harrall himself had to sort of force the issue at meeting's end so that he could say goodbye, an indication perhaps that the BDDC either didn't know he was leaving or didn't want him to talk.
I believe that Harrall was hanging on in the position only because he wanted to see the project through. He doesn't need the money or headaches attached to it.
So why'd he go now, at a moment where it seems like everything is coming together? I doubt it's because he felt a sudden urge to go fishing or to sit in the sun.
Here's one more clue: since the BDDC met about six weeks ago and decided to try to work out terms to let Renaissance have more time to work out its financing plan, several commissioners have been involved in quiet negotiations. So has the city's lawyer. So has city Councilor Henri Martin.
But nobody gave the slightest indication that Harrall, the executive director of the BDDC, was involved at all.
There was an obvious tension in the air as all of this transpired. Nothing said made it clear what happened or why. But something was amiss.
Rest assured, I'll be trying to figure it out. Good people don't usually just up and leave for no reason.
April 24, 2014
Renaissance expects to beat today''s Depot Square deadline
A financing
plan for the proposed Depot Square project is expected to be submitted before tonight's deadline established by the Bristol Downtown Development Corp.
Ryan Porter,
the project manager for the Long Island-based Renaissance Downtowns, said this afternoon he was polishing off the final touches and expected to
submit the plan electronically late in the day.
He said some
paperwork is likely to be delivered early Friday to flesh out the submission.
Porter said
the submission package would include both public and confidential sections,
though some of the secret data would likely become public when the project
moves forward.
Renaissance
plans to erect two buildings during the $40 million first phase of the project,
with market-rate apartments in both. Shops and restaurants would fill the first
floor of one, facing Main Street to the east and a new public piazza to the
west.
The BDDC
said it had to have the plan in hand Thursday in order to hold its scheduled
monthly meeting about it on May 12. But it may hold a special meeting about it
as early as Wednesday.
“Things are
going to be heating up over the next couple of weeks,” Porter said.
Bristol
Rising told its members Thursday that the develop intends to hold “a large
public informational meeting” sometime in the first half of May “that will go
into detail on the development and what the next steps are in the development
process to getting the first shovel in the ground.”
“It will be
a highly transparent meeting where all Bristol Risers and Bristol citizens
interested in what’s happening downtown are encouraged to attend,” the BristolRising email blast said. It will likely take place at Nuchies restaurant.
April 2, 2014
Renaissance, the BDDC and Depot Square
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2012 rendering of possible Depot Square look |
March 5, 2014
Renaissance's financing plan remains a mystery
First phase rendering |
February 7, 2014
Renaissance's new target: finance plan by March
September 11, 2013
Renaissance issues update on downtown project
Bristol Rising Charging Ahead
Developer and Community Meet Key Milestones
By Ryan Porter, VP of Renaissance Downtowns
The past couple of years have seen a tremendous amount of positive activity in regard to the redevelopment of Depot Square and Bristol’s downtown. Led by Master Developer Renaissance Downtowns and the Bristol Rising community, key approvals and rezoning efforts are complete, positioning Bristol’s downtown for transformative development.
With financing efforts at the forefront and the more publicized visibility of the approval process mostly behind us, we felt it was the right time to create a column to better inform the masses on our current and future efforts on the development.
On a personal note, it’s been gratifying working with such a great community and a municipality that gets it. The Bristol Rising community’s response has been overwhelming in what has been one of the most transparent redevelopment efforts in this country’s history, a tradition we will work to continue with this column. This three-way collaborative was highlighted during the approval processes, which has led to the implementation phase of the project, and brings us to today.
Currently, Renaissance has been working diligently to put the final pieces together in anticipation of the upcoming groundbreaking by finalizing financing for the initial phase of the development. The thing most people aren’t aware of is the complexity required to finance and develop new construction in this day and age. It takes creative partnerships, creative financing, and long negotiations to pull it all together. We’re inching closer each day, requiring our utmost attention and inherently less spotlight.
It’s important to note that when Renaissance Downtowns was designated by the City of Bristol as Master Developer, numerous milestones were established for this public/private partnership. Due to our excellent working relationship with our municipal partner and the Bristol Rising community, the initial concept planning and zoning milestones were achieved at an extraordinary pace. This accelerated process led to the approval of an engineered Site Plan for Phase 1 in February of 2013, along with the recent completion of the new McDonald’s in a manner that is consistent with the overall goals and objectives of the public/private partnership. I have never before seen a municipality move the ball forward as has been done here, and as a result of the City’s desire to see progress occur, revitalization efforts are 6-8 months ahead of schedule.
Regarding McDonalds, it’s important to emphasize that moving the old franchise was necessary for new development to occur, and had particular implications on financing the project. We’re now nearing completion of this stage with McDonald’s now open in their new building on North Main Street, and with several weeks to go before the old McDonald’s will be demolished to make way for our development.
Now that things are where they are, financing efforts have been ratcheted up significantly the past 3-5 months, when it was known the McDonald’s move was a certainty. We continue to work with a number of interested parties on hammering out a deal, doing our best to keep you better informed on our efforts moving forward.
To that end, we are presently in discussions with multiple regional/national development firms as well as foreign and domestic private equity financing sources to demonstrate to them, the economic viability of downtown Bristol in regard to innovative, mixed-use development. The overwhelming number of signed letters of interest from both local and regional residents expressing a desire to move into the new development downtown continues to assist us in our efforts.
On the community side, Bristol Rising has been programming and conducting innovative events and initiatives which have already added vibrancy to and awareness of downtown. They are currently working to improve the existing downtown business landscape by offering the power of crowd to businesses like Mike’s Tortoise & Hare Café. In June, Bristol Rising helped launch a Shared Retail initiative where for three weekends small business vendors occupied a vacant storefront to help add life to a previously empty downtown location. Every little bit is helping the overall cause in showing Bristol as a place that desires a walkable, vibrant center of commerce and social activity. This is proven by new entrepreneurs stepping forward each month expressing interest in opening businesses downtown.
I know that we are all anxious to see more shovels in the ground but our success thus far has not come with compromising on quality and we continue to ensure that our partnerships share that requirement. That said, as we reflect and celebrate our significant victories and accomplishments to date we will continue our relentless pursuit of greatness for Bristol while keeping everyone informed along the way.
Sincerely,
Ryan Porter
June 5, 2012
Renaissance lays out plans for mall site
Renderings of possible design for major buildings |
Phase 1 |
The first
phase of the proposed revitalization of the former mall site includes
construction of new residential and commercial buildings on Main Street, a
125-room boutique hotel and a piazza that aims to become a “central gathering
place for Bristol’s downtown offerings.”
The Long
Island-based Renaissance Downtowns, the city’s chosen developer for the 17-acre
site, recently submitted plans to land use regulators detailing what it expects
to do with the property during the next eight to 10 years.
The
long-range plan “includes a total of 22 buildings containing a mix of uses” on
a lot that now houses only a single fast food restaurant. Click here for the full story.
October 8, 2011
Downtown Bristol concept plan links
June 1, 2008
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