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Danbury to look at request from developer for extension on tax abatement agreement

Danbury officials are taking some more time to consider a request by developer BRT for another extension to its tax break agreement on its 149 apartment development on Main Street across from Kennedy Flats.  BRT says due to unprecedented circumstances, they will not meet another deadline for completing the project.  The City Council previously approved a tax deferral package for BRT based on improvements, and later agreed to a one year delay.  A City Council Committee will consider the request for more time.  After 7 years, the property taxes would be based on the full assessment of the complex.  BRT has received certificates of occupancy for 90 of the 149 units, but the pandemic and supply chain issues caused disruptions to the construction schedule.  The 5 story complex, which also has retail space will connect via a bridge to an existing BRT development.  Brookview Commons is across the Still River from this new development.