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[deleted] OP t1_j9tpjp9 wrote

The government doesn't respect every feeling and need of for profit developers, more at 11.

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fredezz t1_j9uma0e wrote

The Gendron "families" already own or control most of Lewiston and Auburn. Their influence reaches much further than the property they own. If David doesn't want the property, it's because the hazard waste disposal costs will outweigh the potential profits.

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iceflame1211 t1_j9vk11k wrote

To summarize:

-Gendron wanted it in 2019, but in 2020 Lewiston awarded an option agreement to LH/Avesta for it to become senior housing instead
-Lewiston Housing and Avesta wanted to turn the location into a ~$12mil 44-unit senior housing development, but the project hit delays related to the pandemic
-LH brought a plan to triple (!?) the 44-unit building, but Lewiston City Council didn't like the lack of green space... (note: it's unclear when this occurred)
-Lewiston City Council chose not to renew the option agreement for LH/Avesta as a result of LH's uncertainty (with the project, financing, and ability to secure the complicated tax credits, etc? all of those? unclear)
-Gendron came by after this decision and reiterated his want to develop mixed-use, now seemingly in addition to a 44-unit senior housing building, but wanted city of Lewiston to take care of certain costs with demolishing
-During the public hearing portion of city council meeting, most of the public implied desire for the original senior housing without commercial buildings. Various reasons were given.
-Gendron took offense to this and said "ok, nevermind"

So it seems the site will likely go out to bids again, and either end back up to LH/Avesta to develop, or a potentially a new developer will purchase it who Gendron probably didn't want to get into a bidding war with.

It's unfortunate that the property wasn't developed in a timely manner the way it was initially intended a couple years ago, but can anyone respectfully explain to me what the point of contention is currently?

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New-Work-139 t1_j9wayh1 wrote

Most of the developers I know are hunkering down - the general expectation is a tough year for real estate. I suspect the developer took the chance for an out and is taking the opportunity to spin the narrative

Either way, a loss for Lewiston all around. Empty and derelict housing doesn’t help anyone.

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New-Work-139 t1_j9wbihb wrote

“Capitalist class” is a meaningless title in a nation where 95% of political platforms revolve around some form of capitalism. This isn’t a paradox studios game. Just say wealthy people.

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Seyword t1_j9yz3mg wrote

Local government has been running that city into the ground for years. We need to wipe the slate clean.

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