Salmond and Sylvester Redevelopment Projects

Salmond School

Sylvester School

The Sylvester School Redevelopment Committee released a Request For Proposal ( on April 18 2018 The Committee received one bid response from Traggorth Companies LLC The proposal is for 29 units to include, studio, one bedroom, and two bedroom apartments Traggorth Companies LLC in their response included 10 25 could be affordable and they would work with the
Town and Affordable Housing Trust They also plan to utilize Federal and State Historic Tax Credits as well as other private financing for the project Traggorth Companies LLC has proposed 1 for the 99 year land lease and 300 000 for the purchase of the building and predicted the Town would receive around 70 000 in taxes annually.