Following this week’s announced $9.9 million legal settlement related to the initial construction of Dunkin’ Park — a court case that has delayed development around the stadium — RMS Cos. CEO and President Randy Salvatore said he wants to shift more than $13 million in public funding recently diverted to a plan to buy and redevelop the nearby Rensselaer Polytechnic Institute campus in Hartford, back to development around the ballpark. Salvatore said he continues to negotiate an agreement to buy the 12.7-acre RPI campus on Windsor Street, a deal he hopes to close by the end of this year. CRDA Executive Director Michael Freimuth said shifting $13.6 million back to the next phase of the North Crossing would still leave $3 million to rebuild financing for the RPI project. Salvatore said that if and when he completes the RPI property purchase, he will immediately launch into an estimated six- to eight-month demolition of the campus.
https://www.hartfordbusiness.com/article/with-lawsuit-settled-salvatore-wants-to-shift-136m-in-public-assistance-back-to-apartment