Mile One Negotiations

Wednesday, October 10, 2018 - 4:30 PM

Negotiations for a lease for the Growlers is almost complete. Last year, we signed a memorandum of understanding with the owners of the Growlers and the Edge to consider an arrangement with them to operate or lease the building from the City once a lease agreement was put in place. So now that that work is almost finalized, we’ll go back to look at possible management agreements. We’ve engaged KPMG as a consultant to assist us in looking at different management models. There's been discussion recently about an offer to purchase Mile One and although no formal offer has been made, we've expanded the terms of reference for the consultants to include the possible sale of the facility. - Mayor Danny Breen, October 10, 2018