The Capital Group promised you an industrial building and retail building on these properties: turns out they never controlled them, and now they're up for sale

 

The Capital Group's "Master Plan" specifically promised the town these parcels would become a "34,000 square foot industrial building" and "7,300 square foot retail building" if new zoning was approved.   It seems that will join the growing list of broken promises, as the actual owner of the properties has placed them on the market.    Because the 40R district was approved, one of the is now eligible for by-right high density housing at more than 20 units/acre: Cadette & Nadreau, the actual owners, were not party to the "Memorandum of Agreement."

 

Clearly much was misrepresented when the town voted on the EZ and 40R district proposals earlier in the year.   Now two parcels that were shown as part of the project (supposedly "controlled" by the Capital Group) are up for sale by their actual owners.

The town was repeatedly told that high-density residential development beyond what the town was promised would be prohibited by the "Memorandum of Agreement" signed with 702, LLC and North Lancaster, LLC.   The actual owner of these parcels was not party to the MOA.

Both properties are owned by Cadette & Nadreau.   Capital Group (via 702 LLC) repeatedly asserted they had control over these and the other properties vital to the project that they proposed, but were never required to prove that to the town.

The property listed  on Lunenburg Road  (4C on the map below) is outside of the 40R district approved last November.  However,  the 5-acre property at 55 McGovern Blvd (4F) is included in the 40R district and now eligible for high-density housing.

Capital Group specifically listed plans for both properties in their pitch to the town:   the "Master Plan" showed  property on Lunenburg Road with retail development and a 34,000 square foot industrial building on the McGovern Blvd parcel.  (Seen below circled in green)