Bronin eyes tax deal for Parkville mixed-use development

Bronin has requested the city council authorize him to enter into a tax-fixing agreement, purchase and sales agreement, development agreement, and ground lease for 17 Bartholomew Ave. The underutilized downtown parking lot is owned by Carlos Mouta of 17-35 Bartholomew Avenue LLC, who is seeking a public/private partnership with the city in his vision for a $16.72 million mixed-use development in the Parkville Arts & Innovation District. Mouta plans to subdivide the property into two parcels. The Parcel A project will be partially financed with a $5.5 million CT Communities Challenge grant to help build 57 apartments, 30% of which would be affordable, and first-floor commercial space in a new multi-story building. Parcel B would become a public parking garage for 350 to 400 vehicles. The agreement will go to a public hearing July 17. Mouta said he’d like to see a groundbreaking by the end of the year.

https://www.hartfordbusiness.com/article/bronin-eyes-tax-deal-for-parkville-mixed-use-development

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