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Updated: January 8, 2024 Building Business

Building Business: Delayed condos take a step forward in Yarmouth

PHOTO / PETER VAN ALLEN An excavator makes quick work of the demolition of 298 Main St. in Yarmouth, site of the planned mixed-use building with 16 condos.

A longstanding eyesore in Yarmouth has been demolished. The mixed-use building at 298 Main St., which was to have been torn down and replaced with condos, sat vacant for three years after the town gave approval to raze the structure.

The plan was for a four-story, 21,000-square-foot building with commercial space on the ground floor and 16 condos on upper floors. The original developer has bowed out, but with the site cleared, the plan is now expected to move forward.

“The same project is scheduled to occur on the site, although likely with a new development team,” Scott LeFlamme, Yarmouth’s assistant town manager and director of economic development, told Mainebiz. “The concept recently received site plan reapproval from the Planning Board during their December meeting. There weren’t any significant changes from the initial proposal.

"From what I understand, the due diligence phase of the purchase and sales agreement between [contractor] Barrett Made and the new development team is wrapping up soon and I suspect the deal will close in early February, barring an unexpected change. Once the deal closes, site work is expected to begin soon after.”

Stay tuned. We will update once it gets going.

PHOTO / John Swett
At the Spinning Mill redevelopment in Skowhegan, floodwaters jostled massive shipping containers after a major storm on Dec. 18.

Other construction news

  • KBS Builders has much of the framing and exterior building up on an affordable housing project in Madison. The Dooryard Development team is making great progress with the Madison project, led by Kara Wilbur, Samuel Hight and Brian Eng. KBS is led by President Thatcher Butcher.
     
  • Zack Pike of Orono-based Pike Project Development has been managing redevelopment of the historic Spinning Mill in Skowhegan, a project led by developer Dash Davidson and High Tide Capital. Pike was on site during the Dec. 18-19 flood and watched as stormwaters tossed around shipping containers loaded with building materials. Davidson estimates the storm caused $3 million in damage, but the redevelopment will continue. Forty-five apartments are planned, along with a boutique hotel and restaurant.
  • PNM Construction in Presque Isle began renovations on the Northern Maine Community College campus in Presque Isle to convert Penobscot Hall into a child care center.
     
  • Jewett Construction, which is based in New Hampshire, is managing construction of an Acura dealership in Scarborough, at the intersection of Payne Road and Haigis Parkway.

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1 Comments

Anonymous
January 10, 2024

Beylin Development is excited to bring this project to the finish line. Construction is set to begin spring 2024. Follow progress on our website beylindevelopment dot com

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