Final building in long-time Bath portfolio sells mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.
Built in 1914 and owned by the same family since 1947, the hotel is the centerpiece of proposed redevelopment to expand the number of rooms, add green space, update infrastructure and evoke a village green feel that reflects the Colony’s traditional architecture.
By Staff
The Grant Building in downtown Bath was a big part of the community for the better part of a century, and developer Sean Ireland is hoping to bring it back, with the community s help.
Ireland, of Windward Development, is looking for input as he develops the 25,000-square-foot building, one of the final ones in the 18-building Sagadahock Real Estate Association downtown portfolio to be sold.
Redevelopment of the building that began life as a department store and was most recently an indoor park will require a variety of partners, Ireland said.
“This kind of project has a long runway, he said in a news release. One of the challenges is how do you get a large project like this ‘off the ground’ it takes a lot of due diligence and persistence and some creativity.
NCC shortlists bidders for LeBreton's 'Library Parcel' cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.
“This is: ‘Hey, we are back to life,’ ” Dan Diebolt, company vice-president of development, said Thursday. Bosa bought the 10 undeveloped acres on the 15-acre site from Vancity Credit Union, through Dockside Green Ltd., in December 2017. Today it is setting in motion the first phase of its development plans at Dockside Green. The company also owns the Fairmont Empress Hotel. The Bosa lands will hold about one million square feet of buildable area in a range of building types when it is complete in 10-plus years, Diebolt said. Some buildings will be lower-heights while others will rise to 18 storeys. Heavy equipment arrived on site in late 2020 to resume excavation to prepare for construction of three towers of 12, 13 and 15 storeys, south of the existing Balance tower on Tyee Road.