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Morriss discusses proposal to reorganize Canal Place entities

September 30th, 2020 by WCBC Radio

Although nothing is official, Cumberland Mayor Ray Morriss said Tuesday that plans are being discussed to break up Canal Place, in order to create a more efficient and profitable operation. The Canal Place Task Force- established by legislation in 2018- has conducted a comprehensive review of the value and revenue potential for all entities making up the 13-acre Canal Place property in downtown Cumberland. The review was 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. During an afternoon work session of the city council, Morriss said the preliminary discussions would involve the county and the city assuming some responsibility, with questions still remaining, regarding to the private sector…

 



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