BRIDGEPORT — The long-anticipated redevelopment of the historical Steel Point neighborhood, plans for which have spanned six mayoral administrations in the Park City, may actually get underway this summer. That’s when construction is scheduled to commence on the project’s first anchor, a 150,000-square-foot Bass Pro Shops, which sells marine and outdoor equipment.
Eventually the city plans to add additional shops, hotels, a public waterfront and more than two million square feet of housing in a project whose total price tag is expected to approach $1 billion.
Steel Point sits between the Pequonnock River and the Yellow Mill Channel, bordered on the north by I-95 and by Long Island Sound on the south.
All told the city and state combined have spent some $100 million on redevelopment efforts over three decades, but their efforts have been hampered by property disputes, three recessions and a corruption scandal involving Mayor Joseph Ganim, who was convicted in 2003 on charges tat included accepting some $500,000 in bribes and kickbacks.