12 Kolkata: An on-the-spot inspection and a subsequent meeting with the traders resolved the crisis on Wednesday that stood in the way of the redevelopment of Lansdowne Market. A KMC delegation met nine traders, who refused to part with their present location, delaying the modernisation process.However, according to Sandip Bakshi, the member, mayor-in-council, who was part of the delegation, ice melted on Wednesday as all nine traders were given a better rehabilitation package to run their business until the redevelopment scheme is complete. "All nine traders have agreed to shift to an alternative site," he said. A KMC market department official said the civic body inked a public-private partnership (PPP) agreement with a private firm for the redevelopment of Lansdowne Market. According to plans, the eight-storey building to be built on a 2.5 bigha plot would accommodate 350 stall owners on the first two floors. The rest of the space will be leased out to traders, who will set up stalls. "The redevelopment scheme will be taken up in phases. In the first phase, the developer will need to accommodate the existing stall owners. Then the PPP partner will go for completion of the rest of the market building," said a KMC market department official. The KMC would give a two-year deadline to its PPP partner to complete the project, said Bakshi.