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Buckel: Completion of Canal Place Review Delayed

December 23rd, 2020 by WCBC Radio

The Canal Place Task Force — established by legislation in 2018 — will need more time to complete its work. The task force had been in the midst of conducting a comprehensive review of the value and revenue potential for all entities making up the 13-acre Canal Place property. The review is to determine if Canal Place, which is state owned, should continue as is, or if all or part of the property should be marketed to private interests. The volume of work and time needed for the multiple appraisals required for the property initially caused delays- and the COVID-19 outbreak last March brought the process to a halt. Task Force chair, Delegate Jason Buckel said that working toward privatizing properties which involved elements of both the state and federal governments can be a convoluted process…