The Central Terminal Restoration Corporation (CTRC) has announced its intentions for adaptive reuse plans that would see the terminal as public/private development in the realm of a Center for Restoration Arts & Sciences. The recent developments are based upon a number of groups that have toured the complex and identified synergies that would lead toward tenancy and development prospects (a mix of private developers, local foundations, Government, Education, the Arts and neighborhood nonprofits). “Interest in this adaptive reuse project is escalating from nonprofits to new businesses,” stated Paul Lang, CTRC VP and Real Estate Development (RED) Committee Chair.
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