DANBURY, Conn. (AP) — Subway sandwich shop chain co-founder Peter Buck is offering Danbury more than $3 million for some city property where he can store his car collection.
The News-Times reports that the 83-year-old billionaire has his eye on 13 acres of city property, with plans to build a 25,000-square-foot warehouse to store his cars. A City Council committee has endorsed the proposal and referred it to the full council, which may discuss it next month.
Details of Buck’s car collection weren’t disclosed during a presentation to the council committee Wednesday. Buck couldn’t be reached for comment.
Danbury is no stranger to car collections of the rich. David Letterman kept his collection of Ferraris, Porsches and Austin Healeys near Danbury Municipal Airport in 2012.
Milford-based Subway has more than 41,800 locations worldwide.
Information from: The News-Times, http://www.newstimes.com
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