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EDA extends feasibility period for 219 Pavilion Drive sale to Dec. 17, 2025, citing infrastructure concerns
Summary
The EDA approved a resolution allowing the purchaser of 219 Pavilion Drive (Gerdau International Inc.) more time—until Dec. 17, 2025—to finish site studies and permitting related to a buried city infrastructure feature that crosses the site; the resolution passed by voice vote.
The Portsmouth Economic Development Authority on Tuesday approved a resolution extending the feasibility period for the sale of 219 Pavilion Drive to Dec. 17, 2025, after the developer reported delays tied to an underground city infrastructure box culvert that runs beneath the truck court.
The extension was requested in a resolution presented to the EDA that said the purchaser had been “diligently pursuing site design and permitting” but needed…
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