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A longstanding eyesore in Yarmouth has been demolished. The mixed-use building at 298 Main St., which was to have been torn down and replaced with condos, sat vacant for three years after the town gave approval to raze the structure.
The plan was for a four-story, 21,000-square-foot building with commercial space on the ground floor and 16 condos on upper floors. The original developer has bowed out, but with the site cleared, the plan is now expected to move forward.
“The same project is scheduled to occur on the site, although likely with a new development team,” Scott LeFlamme, Yarmouth’s assistant town manager and director of economic development, told Mainebiz. “The concept recently received site plan reapproval from the Planning Board during their December meeting. There weren’t any significant changes from the initial proposal.
"From what I understand, the due diligence phase of the purchase and sales agreement between [contractor] Barrett Made and the new development team is wrapping up soon and I suspect the deal will close in early February, barring an unexpected change. Once the deal closes, site work is expected to begin soon after.”
Stay tuned. We will update once it gets going.
Beylin Development is excited to bring this project to the finish line. Construction is set to begin spring 2024. Follow progress on our website beylindevelopment dot com
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