The owner of the Woolworth Building now says he has the financing to begin moving ahead with a rehabilitation of the vacant landmark. It will be interesting to hear more specifics and what ways the City can help get this cornerstone of Downtown back in use. Developer Michael Treanor's plan is for 60 units of housing instead of a previous plan for a hotel. State approval is still required, and the developer has asked the City to move the bus station.
Watertown Daily Times Apartment financing worked out