COATESVILLE, PA — City Council will once again file for county grant of up to $1 million for infrastructure including parking for the proposed Velodrome project.
Last year, the city filed for a similar grant, but did not receive it, because of the uncertainty surrounding the project at the time, City Manager Gary Rawlings said. He said now the project is closer to the beginning of construction and the feels more confident that the project will come to fruition.
In December of 2010, the Redevelopment Authority and the project developers at that time were reportedly closing in on a deal to sell the land at the corner of Lincoln Highway and Route 82 known as the Flats. Since then, the window for an agreement of sale has been extended numerous times and there have been no signs of an agreement.
However, in late 2011, new developers signed onto the project and the former developers left the group.