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Torrington solicits developers for Peddler property; reappraisal and feasibility study planned
Summary
Torrington Development Corporation issued an RFP for the Peddler property and conducted developer tours; the city completed a reappraisal and will begin a feasibility study on using the site as a hospitality venue, with a report planned to Judge Lynch in January.
The Torrington Development Corporation, acting as receiver for the Peddler property, has issued a request for proposals and hosted developer tours, the city’s Board of Finance heard Wednesday.
Chair reported about six to eight developers—local and out-of-state—walked the property after it was advertised through local contacts,…
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