The Coast Guard plans to maintain a presence in the city even though Common Council has approved an agreement to purchase the high profile property on Water Street.
A spokesman for the Department of Fisheries and Oceans tells CHSJ News the agency will continue to operate at the current location – at least for now.
The city is purchasing the property in two phases — and — the spokesman says the department will eventually call for tenders to lease a facility — a process that could take up to 15-months to complete.
The Hardman Group is waiting to finalize a deal to begin retail and commercial development at the site as early as later this year.
