NORWAY
— In the fourth reprieve granted in as many months to the vacant Oddfellow’s
Hall on Norway’s Main Street, the Growth Council of Oxford Hills has given a
potential buyer until January 15 to come up with the balance of the $150,000
selling price.
At
a recent appearance before Norway selectmen, Growth Council president John
Shattuck said he has observed an “alarming pattern of behavior” on the part of
Rick Lockwood, since the Gorham developer signed a purchase and sale agreement
and put a deposit on the building in early November.
Shattuck
said later that Lockwood missed several agreed to performance standards,
although he refused to say exactly what was not done, beyond not coming up with
the full purchase price by December 31.
Shattuck
did acknowledge that sub contractors for Lockwood have already done some work
on the building, using about $95,000 salvaged from state grant money given to
Norway when the Growth Council began its renovation of the building. Work was done to the heating and plumbing
systems, and a new liner was put in the chimney, he said.
The
Growth Council bought the three-story brick building from the last remaining
Oddfellows in 2002 for $68,000, with the intent of turning the building into a
center for nonprofit business. A $500,000 Municipal Investment Trust Fund
(MITF) matching grant awarded to Norway in 2003 for the project.
After
spending about half of the money, and giving continued reassurances to Norway
selectmen that the project was moving along, former Growth Council CEO Brett
Doney finally copped to a cash flow shortage in late August, announcing that
his group could not meet the dollar-for-dollar match required to spend the rest
of the grant. Instead, he said the
Growth Council would abandon the Oddfellows’ project in favor of other items on
its long-tern strategic plan.
The
Department of Economic and Community Development gave Norway 30 days to find a
new developer for the project, or else it would take back all MITF money not
spent by the Growth Council.
In
late September, the Growth Council announced that a buyer had been found. However, after their selection, an announced
press conference failed to come off and, as the weeks passed, sale papers went
unsigned. By November those buyers bowed
out, unable to come up with the money they had offered for the building, and
Lockwood stepped in.
By
that time, the Growth Council was only able to salvage about $92,000 from the
MITF grant to match money it has already spent gutting the building of all
utilities. Ultimately, about $268,000 in
grant money was returned to the state.
Lockwood
did not return messages from this newspaper requesting comment, but previously
said that he intends to renovate the first two floors for retail, create office
space on the third floor, and put “a nice Italian restaurant” in the basement,
with tables looking out onto the Pennesseewassee Stream.
“I
think Norway’s citizens are going to be very proud to have this building in
their town,” Lockwood, said in an earlier interview. “It will be a beautiful
building when we get done.”
Vicki
Farr confirmed that she plans to close on a deal to buy Maine Made and More
January 15, and move it into the Oddfellow building as soon as renovations are
complete.
The
Growth Council had given Farr until the 15th to vacate the stores current
location in the former Newberry building, recently leased to Norway Savings
Bank for use as office space. Growth
Council vice president Marcy Boughter says she will work with the bank to buy
Farr some additional time.
Shattuck
says that another potential buyer has been lined up, if the deal with Lockwood
falls through. Farr says she has spoken
to that person and is confident that Maine Made will end up in the Oddfellows
building regardless of who ultimately ends up owning the site.
Farr
says the only difference is that Lockwood has promised to install stairs and an
elevator, so that she can occupy the bottom two floors. The other potential buyer currently waiting
in the wings, has said he can not afford an elevator, says Farr, which will
relegate her to the ground floor.
No comments:
Post a Comment