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Board approves sale of 24–30 Bank Street to M4 Investment Group for $585,000
Summary
The Waterbury Board of Aldermen approved the sale of 24–30 Bank Street to M4 Investment Group LLC for $585,000; the buyer says it will invest $2–3 million to add about 25 apartments and revitalize first-floor commercial space, part of the city's downtown revitalization strategy.
The Waterbury Board of Aldermen on Jan. 21 approved a purchase‑and‑sale agreement to transfer 24–30 Bank Street to M4 Investment Group LLC for $585,000. The intergovernmental committee recommended the sale after a public hearing that drew both support and broader resident comments on downtown priorities.
Michael LeBlanc, the city’s Director of Finance,…
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