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Finance committee approves $170,979 transfer to complete demolition and cleanup at Endicott Street property

2964731 · April 11, 2025
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Summary

The Finance Committee voted 5-0 to transfer $170,979 to cover higher-than-expected demolition costs at a City-owned site on Endicott Street after contamination and off-site disposal increased the project price; North Shore CDC has purchased 40 Endicott Street and plans senior housing at the site.

The Peabody City Council Finance Committee voted 5-0 to approve a $170,979 transfer to complete demolition and hazardous-material cleanup at a property on Endicott Street.

City staff said the demolition bid came in higher than anticipated after crews encountered localized contamination that required additional removal work and off-site disposal. The mayor told councilors the extra funds are needed to finish the job and help prepare the site for a planned redevelopment by the North Shore CDC at 40 Endicott Street.

Why it matters: Councilors said the site has been a longstanding blight on the neighborhood and that removing the building will reduce illegal dumping and support a proposed senior-housing redevelopment by the North Shore CDC.

Treasurer/Presenter and Mayor Meyer both described the additional cost as driven by "hot pockets" of contamination discovered during demolition, plus the need to truck material to an approved disposal location. The mayor said the project had been put out for bid and a contractor is ready to proceed once the additional funding is authorized.

Councilor Peach said the neighborhood has suffered for years and described the planned North Shore CDC project as a better outcome for the community. "Cleaning up this area, it's long overdue," she said.

Formal action: Councilor Gould moved the transfer of $170,979 to the building demolition account; the committee approved the motion on a 5-0 roll call (Gould, Gamache, Rosignol, Melville, McGinn voted yes). The committee recorded the motion as carrying 5 to 0.

The discussion did not include a detailed breakdown of cleanup contracts, the bidder selected or the contingency plan if additional contamination is discovered beyond the extra amount requested.