BRUNSWICK
Principals of a Wiscasset-based nonprofit have signed a purchase-and-sale agreement on two town buildings but now are waiting for Brunswick Development Corporation to approve the deal, worth a reported $300,000.
Such approval could come Thursday, when the Brunswick Development Corporation — a private, nonprofit Brunswick-based holding group — is next scheduled to convene.
The meeting is slated for 10:30 a.m. in the municipal building at 28 Federal St. — which, along with the adjacent Parks and Recreation building at 30 Federal St., is one of the properties to be sold.
Coastal Enterprises Inc., currently housed in three buildings on Water Street in Wiscasset, plans to relocate its state headquarters and about 60 employees to Brunswick’s downtown by 2015.
When — and if — the sale of both buildings is finalized, they will be razed and replaced with a modern, efficient structure, said John Egan, CEI’s director of housing.
Get the full story in today’s print editions of The Times Record.
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