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Select Board authorizes negotiation on proposal to redevelop 3 and 13 School Street with mixed-use plan
Summary
The Select Board authorized the town manager to negotiate a purchase-and-sale agreement with Soma Builders for surplus town parcels at 3 and 13 School Street. The developer proposes to renovate the former fire station for commercial use and build mixed-use housing on the municipal parking lot; purchase price offered is $600,000 for both parcels.
The Select Board on Monday authorized the town manager to negotiate terms of a purchase-and-sale agreement for two surplus town parcels at 3 and 13 School Street after town staff said the request met the evaluation criteria in the town's request for proposals.
Background and proposal: the parcels consist of the old fire station at 3 School Street (declared surplus) and a small municipal parking lot at 13 School Street. The single responsive proposal came from Soma Builders, owned by Alex Mata. The firm proposed preserving the exterior of the former fire station for commercial use…
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