It does have a nice ring to it.

Plans are in place to construct Bell’s Block, a new building at 28 Stowe St. in Waterbury village with hopes for the space to be available for commercial tenants in 2020.

The new building is tied to the redevelopment of 11 North Main St.; when completed, both buildings will offer a mix of residential, commercial and office space.

The space is currently open; on Oct. 30, 2016, the houses on the lot were demolished in a training exercise for local firefighters, with plans to turn the space into a parking lot.

Jason Wulff, who now co-owns the properties with Aaron Flint, said he hopes to create what he called a “community-focused space.”

“We’re looking at a community space out front (on Stowe Street) where people can gather,” Wulff said.

The notion of community also includes the many local people and businesses involved in the development; construction work is by Waterbury-based Aaron Flint Builders, with architecture and design work by Joseph Architects and Jennifer Lane Architecture and Design, both based in Waterbury.

Other Waterbury-based connections include site work by Ainsworth Associates and civil engineering by McCain Consulting.

In another local connection, the development is possible in part due to a $200,000 loan through the Edward Farrar Utility District’s urban development action grant program. Once a part of the now-dissolved village government, the revolving loan fund has been around since 1984, and played a key role in helping Ben & Jerry’s build its flagship factory in Waterbury. Other loan recipients include Maxi’s, the Blue Stone and Prohibition Pig.

The two buildings will have a shared parking lot, as well as shared egress; because of limited visibility for drivers looking to exit onto Stowe Street, there will be one entrance and one exit for the properties, with the entrance on Stowe Street — just to the right of the American Legion — and the exit on North Main Street.

When completed, the Bell’s Block will be a three-story building, with each floor offering 2,400 square feet of space. Exactly how many tenants the building will host remains unclear; Wulff said he is talks with several prospective tenants and the interior of the building will be completed to serve the tenants’ needs.

Over at 11 N. Main, the building will offer five apartments — three two-bedrooms and 2 one-bedrooms — and three small offices across 1,500 square feet, one of which is occupied by Jennifer Lane Architecture and Design.

Wulff said hopes Bell’s Block will be occupied a year from now, and he’s looking for anchor tenants. He can be reached at 477-2268.

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