vnews.com 18 Sep, 2020 05:15 am

Lebanon sells land to developer for mixed-use apartment building

Lebanon sells land to developer for mixed-use apartment building
LEBANON — City officials decided this week to sell Lebanon’s former public works facility on Spencer Street to a Vermont developer who plans to build a four-story mixed-use building on the downtown lot.The deal had been delayed as city officials...

5 million up-front to purchase the Spencer Street property and construct a four-story building with 94 apartments, shown in a rendering.(Courtesy The Braverman Company) By TIM CAMERATO Valley News Staff Writer Published: 9/17/2020 9:41:18 PM Modified: 9/17/2020 9:41:08 PM LEBANON — City officials decided this week to sell Lebanon’s former public works facility on Spencer Street to a Vermont developer who plans to build a four-story mixed-use building on the downtown lot.Construction will coincide with city-led efforts to reconstruct Spencer Street.“The redevelopment of Spencer Street is a real opportunity for the city to create a new gateway into the downtown, and we’re excited to be a part of that,” Ken Braverman, owner of The Braverman Co.

Braverman said he was attracted to the Spencer Street property because of its proximity to amenities downtown.The City Council voted unanimously Wednesday night to accept $1.

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