Brunswick LRA Approves Reuniting Ownership of Housing Units, Land
- November 27, 2011
The Midcoast Regional Redevelopment Authority approved selling the land beneath 702 residential units at the former Brunswick Naval Air Station in Maine for $3.35 million, paving the way for the housing’s landlord to own the project outright.
Affordable Midcoast Housing outbid the redevelopment authority to purchase the housing units — but not the 214 acres of land beneath them — last year from Northeast Housing, a partnership between the Navy and developer Balfour Beatty, reported the Times Record. The LRA obtained the land from the Navy as part of an economic development conveyance earlier this year.
The new owner has decided not to demolish some of the housing, as was called for under an earlier plan the redevelopment authority drafted. As a result, the LRA is waiting for the towns of Brunswick and Topsham to approve the transaction before going ahead.
The Brunswick Town Council and Topsham’s Board of Selectman have each asked for more time to consider the deal, the paper reported last week.