LEWISTON — Developer and landlord Phyllis St. Laurent will bring her downtown housing development back — this time without city help.
“There will be no other force behind this other than private financing,” St. Laurent said Tuesday.
Voters in November turned down city involvement in St. Laurent’s plan. She had hoped to build 29 units of low- to moderate-income housing in three buildings, replacing buildings at 149 Bartlett St. and 110 and 114 Pierce St. that she lost in a series of May 2013 fires.
Four city lots — 116 and 122 Pierce St. and 139 and 155 Bartlett St. — were included in the project to give her enough land to meet the city’s current zoning requirements.
That project also would have put aside half of the property taxes paid by St. Laurent in a fund that other landlords could use to help improve their properties.
City Councilors put the four lots out to bid in December and St. Laurent offered to pay $61,000 for the property. That was the highest bid. Councilors had set a minimum bid on the properties of $30,000.
Tuesday, councilors voted unanimously to approve the sale of the lots to St. Laurent.
“We are back,” St. Laurent said after the vote. “You can tell everybody. We are going forward.”
St. Laurent said she hopes to break ground in July. The project will still receive federal Low Income Housing Tax Credits from the Maine Housing Authority, which will be sold to investors to privately fund the project.
The site development is unchanged from the version voters considered. It would have 77 bedrooms spread over three buildings, 32 off-street parking spaces and a large green space between the buildings. Apartments would be a mix of single-bedroom units, two-bedroom units and larger apartments.
Comments are no longer available on this story