Manchester’s Board of Directors to vote on redevelopment of long-vacant Parkade

The Board of Directors is scheduled to vote at its Tuesday meeting to authorize the town manager to sign a development agreement with Texas-based Anthony Properties for redevelopment of the property, roughly 10 months after the town settled a lawsuit with a previously ousted Parkade developer to the tune of $2 million. Manchester began considering the revitalization of the “dark side” of the Parkade more than 15 years ago, after tasking the Redevelopment Agency with creating a plan for the Broad Street area in 2008. Moran said the town’s Parkade plan is still mixed-use development, but the expectation is that residential components would be built before any retail. The town began negotiations with Anthony Properties in August 2022, but suspended talks after Manchester Parkade I LLC filed a temporary injunction against the town that same month. Negotiations were resumed after the lawsuit was settled in August 2023, leading to the creation of the contract that the Board of Directors will consider Tuesday night.

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