A community developer has proposed developing a 4-setting up, 16-unit townhouse complex on the lot upcoming to the Greenback Basic store in Hampden where a blighted household the moment stood.
The Hampden Planning Board will think about the proposal at 7 p.m. Wednesday at the town place of work at 106 Western Ave.
It is the latest proposal in the Bangor area for new housing units as the region sees desire increase for new housing amid growing genuine estate selling prices that have boxed quite a few buyers out of the market.
NKSE Financial investment LLC bought the 2.1-acre home at 676 Primary Road North for $250,000 from James W. Butler Jr. of Bangor in late January and submitted the application for the townhouses in March.
Every of the 4 buildings would be 72 by 30 toes and household four two-story, two-bed room units, according to programs submitted to the town business. The entrance to the complex would be via the Greenback Basic parking large amount and not straight on to Most important Highway North, which is also Route 1A.
On the first flooring of just about every unit would be a residing area, kitchen area and eating home, and 50 % tub. The 2nd floor would characteristic two bedrooms and a complete bathroom.
Development charges are estimated at $2.4 million. Internet cash flow from the assets as soon as thoroughly occupied is estimated to be about $18,000 a thirty day period, according to the software and supporting files.
The house where the new townhouse advanced is to be developed was one particular concentrate on of a new Hampden hard work to give the town much more electrical power to drive residence owners to maintenance unsafe buildings.
As a outcome of that energy, Hampden amended its zoning ordinance in early 2021 to incorporate habitability specifications to deal with the challenge of structures without the need of working bogs, gaping holes in roofs that permit in drinking water and snow, lacking windows and varmint infestations that created them unsafe to inhabit. The modification does not apply to program house routine maintenance.
At the beginning of 2020, there were at minimum five uninhabitable buildings in Hampden, a city of about 7,700 inhabitants, in accordance to Code Enforcement Officer Ryan Carey, which include the dilapidated home then at 676 Key Highway North.
In addition, the city just lately awarded a bid to demolish a city-owned, blighted property at the corner of Western Avenue and Key Highway North. It was one particular of the several properties remaining in what has in excess of the many years turn out to be primarily a business enterprise district. Strategies for the house have not been designed public.