By Jesse Leavenworth, The Hartford Courant
MANCHESTER — The redevelopment agency has decided to seek a market analysis for the long awaited revival of town-owned land on Broad Street.
Once the formal agreement is signed in the next week or so, Montreal-based LiveWorkLearnPlay is to gather information over about four months and report on the “viable market opportunities for the area,” town Senior Planner Kyle Shiel said Tuesday.
The board of directors has approved $150,000 for the study, money that is to come from the $8 million bond voters approved in 2009 for Broad Street redevelopment.
When the study is completed, Shiel said, the redevelopment agency will decide whether to maintain a relationship with the LWLP team, which also includes Fuss & O’Neil, a Manchester-based engineering consulting firm, Newman Architects of New Haven and commercial real estate broker Jim Kelly, a town resident.
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