Politics & Government
Developer Drops Plan for Apartments
An apartment complex in the Montserrat neighborhood will not be built, according to the developer.
The land near Montserrat train station that had been planned for a new apartment complex is now on the market, reports the Salem News.
The plan for the new $20 million project has been dropped, the developer, Omni Properties, told the paper, and neighbors are calling it a victory.
The land is listed for $1.5 million, according to a real estate listing on LoopNet.
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The building was planned for a 18-acre site next to Kelleher Pond and behind Next Generation Children’s Center on Essex Street. The project would have required a zoning change of the property that needed an OK from the City Council, but a request for a zoning change was never brought forward, the News reported
The land is currently zoned for residential single-family homes on 15,000 square foot lots and it would be perfect for a church or a school, according to the real estate listing.
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In all, Omni had proposed 160 apartments in three, four-story buildings, according to the Salem News.
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