State Bond Commission Approves $3.7 Million for Cherry Street Development
#Bridgeport, CT – Mayor Ganim applauds the action of the Connecticut Bond Commission for approving $3.7 million in bonding for phases III and IV of the Cherry Street Development project. This funding will finance the investigation, remediation and abatement to support these next two phases of development. Phases III and IV of this expansion are part of an adaptive re-housing and new-construction commercial development project. “Years ago, I talked about this area being a visual gateway to Bridgeport. This project’s impact on our visual skyline is only matched by the tangible growth felt in the West End. The additional support from the State will go a long way toward continuing that progress. I thank Governor Lamont for helping to advance economic development…