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County discusses downtown demo grant for mixed‑use redevelopment and structural costs
Summary
Staff and a presenter discussed a downtown property that could be targeted for a demolition grant and redevelopment; estimated demo and stabilization costs were given and commissioners discussed ownership, town jurisdiction and potential grant eligibility for demolition and redevelopment.
A presenter displayed slides for a downtown property and outlined an estimated demolition and stabilization cost for mixed‑use redevelopment. The presenter said demolition would be about $100,000 and engineering and shoring an additional $75,000, and a pro‑forma estimate suggested redevelopment would cost roughly $1.8 million at $175 per square foot for upper floors and $150 per square foot for ground‑floor space.
Commissioners discussed whether the property was for sale, whether a grant could cover demolition, and whether the county should pursue demo grant funding or leave redevelopment to the town that has jurisdiction. Commissioners emphasized that any demolition grant would likely prohibit residential activity on the site for three years and discussed options including nonprofit acquisition or selling the property rather than county ownership.
The board did not make a funding commitment at the meeting but asked staff to continue due diligence and explore possible grant matches and engineering costs if the county wants to consider demo and redevelopment options.
