City of Salem Public Meeting Minutes 2026-05-13

The Salem Redevelopment Authority authorized Executive Director Tom Daniel and Chair Grace Napolitano to negotiate a third amendment to the Purchase and Sale Agreement with Winn Development for the redevelopment of 252 Bridge Street and 32-34 Federal Street. The amendment will restructure the project to link the Exchange housing development with restoration of the historic courthouses and potential lease to the Massachusetts National Guard, with an escrow requirement of at least $1 million and specific milestones tied to National Guard legislation.