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Brown & Brown purchase of Burgoyne prompts board questions about leases, influence and property conditions
Summary
Board members pressed staff for details after Brown & Brown bought the Burgoyne property; staff said plans are "very preliminary," tenants have active leases and any redevelopment must go through city review and public input. Members also raised concerns about a separate derelict building at Magnolia and Beach Street and discussed liens and foreclosure procedures.
Board members asked for more information after Brown & Brown purchased the Burgoyne property last week; staff said the foundationis meeting with tenants and that the acquisition is at an early stage.
"As far as what Brown and Brown is doing with the building, I don't it's very preliminary right now," the Redevelopment Project Manager said, noting the company is talking with tenants and that many leases have recently renewed.
Several board members raised questions about…
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