The former Car Land property in downtown Danbury is on the verge of a transformation as negotiations with a national retailer enter their final stage. The 1-acre site, located near the bustling intersection of Main and North streets, has been vacant for years. Plans include demolishing the existing building to make way for a new retail establishment. While specifics remain undisclosed, the deal hinges on signing a letter of intent by the end of this month. The potential redevelopment signals a significant revitalization for the high-traffic area, attracting interest from both local and national developers.