Businessman changes plans for VanDuzee Street fire site - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 4, 2017 Newswires
Share
Share
Post
Email

Businessman changes plans for VanDuzee Street fire site

Watertown Daily Times (NY)

Jan. 04--Tweet

WATERTOWN -- Local businessman Jacob S. Johnson still would like to purchase some city-owned land on VanDuzee Street, even though his plans to build a brewery on the site have been dropped.

Mr. Johnson said on Tuesday afternoon that his partner, Nancy Henry, has pulled out of the deal to purchase the land to build a brewery at 424 VanDuzee St., the site of a massive fire that destroyed a series of old warehouses in November 2015.

The developer decided to look at other locations because the acquisition of the city land took too long, he said. His former partner could not be reached for comment.

But Mr. Johnson, who did not attend Tuesday's meeting, plans to proceed with plans to purchase about two acres from the city for a new project. He's looking for tenants for a building he owns at the site.

"I'll do something," he said. "Time will tell what it is."

For about 45 minutes, City Council members met in executive session to discuss the proposed deal. Afterward, Mayor Joseph M. Butler Jr. said, "Nothing has been decided. You'll learn more in a couple of weeks. Stay tuned."

Councilman Cody J. Horbacz said "a generic plan" was presented to council members on Tuesday night. A survey must still be completed on the site where a huge blaze on Nov. 3, 2015, destroyed most of the old state Department of Transportation barns.

The city and Mr. Johnson also must work out a water agreement for the property. City Engineer Justin L. Wood confirmed that the two parties have to determine who would pay for repairing a nearby pump station that would provide water to the site.

Back in August, Mr. Johnson approached the city about acquiring the property for $100,000, so he could build the brewery on the site along the Black River. The city owns 9.5 acres there.

The proposed price for the two acres was not disclosed on Tuesday night.

Recently, Mr. Johnson purchased an adjacent property, at 424 Rear VanDuzee St., from another local businessman, Richard Alexander, for $1,000. He would incorporate that land into the new project.

Mr. Johnson, who owns Jake's Garden Center and a lawn care and landscaping business on Route 11 south of Watertown Center, already owns the only remaining building still standing at the VanDuzee Street site.

More than 100 firefighters fought the 2015 blaze for hours at the scene of the sprawling property, once a series of interconnected warehouse buildings. Within a few weeks, the site was cleared and the debris hauled away.

The $750,000 that the city received from its insurance carrier was more than enough to pay for expenses associated with the cleanup, city officials have said.

Police were never able to say what or who caused the blaze.

___

(c)2017 Watertown Daily Times (Watertown, N.Y.)

Visit Watertown Daily Times (Watertown, N.Y.) at www.watertowndailytimes.com

Distributed by Tribune Content Agency, LLC.

Older

Pet Obesity on the Rise for Sixth Straight Year

Newer

Apps That Lessen Worry: Liberty Mutual Insurance’s Solaria Labs Unveils New Developer Portal to Benefit Auto Owners

Advisor News

  • Trump bets his tax cuts will please Las Vegas voters on his swing West
  • Lifetime income is the missing link to global retirement security
  • Don’t let caregiving derail your clients’ retirement
  • The ‘magic number’ for retirement hits $1.45M
  • OBBBA can give small-business clients opportunities for saving
More Advisor News

Annuity News

  • Annuity industry grapples with consolidation, innovation and planning shifts
  • Human connection still key in the new annuity era
  • Lifetime income is the missing link to global retirement security
  • ‘All-weather’ annuity portfolios aim to sharply limit rainy days
  • Annuity income: The new 401(k) standard?
More Annuity News

Health/Employee Benefits News

  • Health care deductibles could double, triple after School Board vote
  • Trump admin seeks health-care price transparency
  • OID approved in effort to make health coverage more affordable
  • MEDICAID COST-SHARING COVERAGE VETO SUSTAINED
  • MEDICAID COST-SHARING COVERAGE APPROVED
More Health/Employee Benefits News

Life Insurance News

  • Is life insurance through an employer enough?
  • Best’s Market Segment Report: Australia’s Non-Life Insurance Segment Navigating Growth in a Volatile Landscape
  • AI and life insurance: Fast today, unpredictable tomorrow
  • Judge allows PHL policyholders to intervene, denies ‘premium holiday’
  • eHealth expands into final expense insurance
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

An FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Press Releases

  • RFP #T01325
  • RFP #T01325
  • RFP #T01825
  • RFP #T01825
  • RFP #T01525
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet