The state released a $125,000 allocation to move the St. Mary's project along.
The City Council accepted the grant from the state on Tuesday and the money will fund upgraded infrastructure to the project and preserve the terracotta roofing and campanile tower. The project is being undertaken by CT Management and is transforming the St. Mary the Morningstar property into 29 market-rate housing units.
With a new investor on board, CT Management has just about all of its funding in place to redevelop the St. Mary the Morningstar campus.
Developer David Carver purchased the property at the end of 2017 with plans to transform the historic property into 29 market-rate housing units. Since then the company has been working on securing the financing need to preserve the buildings, transform the interiors, while still making economic sense. The project is estimated to cost more than $6 million.
On Monday, the board gave the OK to a parking lot with spaces for 20 cars that will be located behind the church near the old ballfield and will be accessed by Amidon Road, which is east of the church. Two more parking spaces will be created at the front of the building for handicapped access.
The church property was one of four parcels put out to bid in July. Mayor Thomas Bernard is asking that the council authorize him to enter into a purchase-and-sales agreement with The Square Office LLC.
Ready, Set, Learn is expanding after purchasing and renovating the former St. Martin's Episcopal Church on Dalton Avenue. Owner Melissa Fawcett is moving the business from a residential home on Virginia Avenue to the former church in time for next school year.
Side by Side is looking to expand its assisted living facility to the east by knocking down a neighboring four-family dwelling on West Union Street.
But, the Community Development Board is concerned that there will be an additional 20 living units with only six parking spaces. The board fears that there are too few parking spots available in the residential neighborhood.