LIVERMORE FALLS — Planning Board members are scheduled to go over a site plan review application Wednesday to restore and improve the historic Lamb Block at 10 Depot St.
The meeting is scheduled to begin at 6:30 p.m. Feb. 8 at the Town Office.
Main-Land Development Consultants Inc. of Livermore Falls prepared the application for the board’s review.
The building is owned by Kenny and Petrah Jacques of Livermore Falls.
The applicant, Developers Collaborative Predevelopment LLC of Portland, is acting as authorized agent for Lamb Block Associates, which is purchasing the building from the Jacqueses and redeveloping it into a mixed use commercial building, according to the application submitted to the Planning Board.
Both entities are controlled by Kevin Bunker, who was also the developer for the adjacent Androscoggin Valley Medical Arts Center in downtown Livermore Falls.
The proposed purchase price is $150,000 unless the building is sold prior to April 2. Then the price is $170,000, the application states.
The building sits on a 0.39-acre plot and has access to public sewer and water, roads, parking, stormwater/drainage and solid waste disposal. Ninety-one percent of the lot is covered by structures and parking. Twenty-seven parking spaces are slated for the property.
The floor area to be developed in the building is 11,320 square feet.
The anchor tenant in the Lamb Block will be HealthReach Community Health Centers, which will occupy the entire third floor and part of the second floor, the application states.
HealthReach is in Central Plaza on Main Street in Livermore Falls.
Other tenants will likely include H & R Block and Group Adams Propane, which are currently renting space there. The building will also have a storefront for rent as well as two to three individual office suites on the second floor.
The project is made feasible by a $400,000 Communities for Maine’s Future grant that was awarded to the town on behalf of the project.
“The project will also be a certified historic rehabilitation and as such will qualify for state and federal historic tax credits. The state historic tax credits will be purchased by Coastal Enterprises Inc. and the federal credits will be purchased by Kevin Bunker,” according to the application.
The project will use construction and permanent financing based on the New Markets Tax Credit, and provided by Bangor Savings Bank.
Developers plan a complete rehabilitation of the building, including new structural support, a new elevator and egress stairway, and interior partitions.
New electrical, mechanical, and heating, ventilation and cooling systems are anticipated to be installed.
Changes to the site will mainly involve moving the entrance slightly east to better accommodate traffic flow and a restriping of the parking lot.
People will be able to leave the building using the Depot Street entrance/exit or the entrance/exit through the medical center’s lot on Main Street. There will be a 24-foot main traffic lane.
Construction is expected, if all goes well, to begin in May and be completed by November.