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Portsmouth EDA advances downtown projects: Baines Pointe groundbreaking set; property sales and repairs approved
Summary
The Portsmouth Economic Development Authority on Jan. 21 approved contracts and sales and advanced multiple downtown development projects, including a Jan. 28 groundbreaking for 50 Baynes Pointe affordable apartments and a $250,000 sale of 240 Beasley Drive for a new Dunkin’ Donuts.
The Portsmouth Economic Development Authority on Jan. 21 provided multiple updates and approvals on real‑estate projects in the city, advancing renovation work on downtown High Street parcels, confirming a sale for a commercial lot and scheduling a groundbreaking for a new affordable housing project.
Groundbreaking and affordable housing: Staff reminded commissioners the Baynes Pointe Apartments groundbreaking will be held Jan. 28 at 11 a.m. on an EDA‑owned site in the 1100 block of High Street. The project will provide 50 affordable housing units and is the first to move forward within the city’s Innovation District, staff said.
Harbor Vista phase 2: Staff reported that the EDA‑owned parcel at 700 Crawford St. has closed and conveyed to the developer for phase 2 of Harbor Vista. The project is in planning and permitting and is planned as a 44‑unit, market‑rate multifamily building with one‑, two‑ and…
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