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Peter Eggleston’s plans for bringing Smuttynose Brewery into
Newmarket were almost a sure thing. After two years of negotiations,
however, the deal fell apart earlier this fall, and now the Newmarket
Community Development Corporation, which owns the mills, is looking at
ways to make the process easier for developers to navigate.
Arlon Chaffee serves as vice-chairman of the NCDC. He said that
Eggleston’s proposal was “a very promising thing” that fell apart at
the end.
Plans for Smuttynose’s entry into the Newmarket mills began in the
summer of 2003, Eggleston said. They culminated in early fall of this
year, because, as Eggleston puts it, “At the end of the day, I really
wasn’t able to get the kinds of answers I felt that I needed to really
feel the risk I was taking … was supported by a sound plan.”
Chaffee said the NCDC will be working with town officials to hire a
consultant to help assist in developing the mills. Representatives from
the Town Council and the town’s tax increment financing advisory board
are involved in the search. Chaffee said the NCDC hopes to hire a
consultant by March.
“We’re looking to formalize the process a little bit,” he said. This
includes putting together a “developer’s kit,” which Chaffee said will
list what the NCDC and other parties involved in the project are
looking for when it comes to development.
The development of the mills is part of a much larger revitalization
plan for Newmarket’s downtown. This plan includes renovating the
southern portion of Route 108 as it leads into the center of town and,
in the future, refurbishing the sidewalks and lighting downtown. The
town also has plans to turn a parcel of property behind the library, at
the intersection of Elm and Spring streets, into a combination of
municipal parking and a bus stop.
“We expect the consultant to conduct public sessions to really engage
all the stakeholders,” Chaffee said. “That’s why we’re really keen on
working with the town and the stakeholders to make sure everybody’s
vision is in alignment. That’s kind of the consultant’s job—to assess
the visions and synthesize them.”
However, not all the stakeholders are currently engaged. Clay Mitchell
is the town planner for Newmarket. He said that so far, the planning
board has not been directly involved in the development of the mills,
but that may change.
“The planning board is concerned about its level of involvement in the
whole process,” he said. The board will discuss its role in mill
development plans this week with the NCDC, according to Mitchell.
That was a concern for Eggleston when he was dealing with the town.
Though various factors led to the deal falling apart, the core cause
was a lack of communication between the town, the NCDC, Smuttynose and
various other stakeholders in the project.
“The only glue holding it all together was me, and that simply wasn’t my job,” he says.
Eggleston was in talks to purchase four of the mill buildings, which
would house the Smuttynose brewery and offices and a restaurant. The
estimated cost was more than $8 million, according to Eggleston. Talks
began to break down when the NCDC asked Eggleston to develop, at his
expense, an additional 10,000 square feet of mill space that would be
returned to the NCDC for its use.
“Ten thousand square feet is an enormous amount of space, and to take
it off my rent rolls and develop it at my expense … was an absolute
deal breaker,” he said.
Eggleston said he’s disappointed things turned out poorly, but he’s “even more energized” about looking for a new location.
Since Eggleston pulled out of the development, Chaffee said the NCDC
has been approached by “a number of other interested developers.” He
said the NCDC is looking for a mix of development options for the mill,
including retail, residential and office space. Above all, Chaffee said
the NCDC would like a developer that will bring in something that draws
people to the area, in order to further Newmarket’s growth as a
“destination” town.
Though he hasn’t crossed Newmarket off his list forever, Eggleston said
the town and the NCDC need to do a lot of work before they start
interviewing future developers, especially those who are more
interested in the bottom line than in living and working in the
community.
“They’re going to be dealing with a parade of developers who are in the
business as developers and are not going to be there to sink down their
roots,” he said.
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