Town notes Cross Stone Commons condominium ownership split; association billed quarterly

Aug 6, 2026

Staff reported Cross Stone Commons converted to business condominium ownership with multiple owners for buildings, the charging station and CVS parcel; the condominium association will receive a quarterly bill and is responsible for internal cost allocation among unit owners.

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Town staff updated the board that Cross Stone Commons had been converted to a business condominium association in a prior transaction and the town was not notified at that time. Recent sales divided ownership: one owner now holds the two strip buildings with restaurants and businesses, a second owner holds the charging-station parcel, and the original owner retains the CVS property and common areas. The town will bill the condominium association quarterly and the association must allocate charges among the unit owners per its internal agreements.

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