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Upcoming Work:
- Continue work on electrical and telecommunication duct banks in the Makem Bridge intersection.
- Prepare the roadway for paving by conducting pre-remedial action plan (RAP) survey work.
- Install select gravels to provide stabilized road access throughout the site.
This progress allows for continued work on paving the roadway and providing access to the entire site.
In addition to the above, another milestone in the project, the City of Dover officially sold three waterfront parcels to the developer, Cathartes, on Friday, May 31, as part of the first phase of the site's development. The sale totaled $1,316,751.58.
The parcels are Lot 1-4, Lot 1-5, and Lot 1-6 and encompass more than five acres of the 29-acre site. These parcels include the property within the River Street loop road and one parcel on the other side of River Street that borders Seaport Way.
The sale allows Cathartes to begin constructing its buildings and working alongside the city's contractor making the public improvements to the site.
The development plan includes constructing three mixed-use buildings, two multi-family buildings, and three clusters of townhouses. The Planning Board approved Cathartes' site plans in June 2022, which include mixed-use developments with approximately 26,000 square feet of commercial space and 418 residential units. A colored rendering of the Cathartes site plan and the architectural renderings of the proposed buildings can be viewed here.
The money from the land sale will be used to pay the bond payment of the Waterfront Tax Increment Financing District (TIF), along with increased valuations from the private development improvements. The bond is funding the public improvements to the site including roads, utilities, and the public park.
P.S.: To those who inquired, yes, I kept my steps up in Alaska. In fact, I had an all-time high of 35,158 steps one day.
P.P.S.: A quick thank you to all who served on D-Day that are still with us, 80 years later.
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