Commercial real estate redevelopment projects are beginning to proliferate along Beach Road in Vineyard Haven, with properties changing hands at a steady clip in the densely built, flood-prone harborfront corridor running from the head of Main street to the drawbridge.
A real estate developer completed his purchase of the former Edu Comp property last week, paying $2.4 million for the familiar red brick building at the head of Vineyard Haven’s Main street.
A scaled-backed building and a slew of unfinished details were on the table for more discussion when the developer who wants to expand the former Edu Comp building presented a revised plan to the MVC.
Size, scale, architectural aesthetics and vague arrangements with neighbors over shared use of access roads were all issues when a public hearing opened on a plan to redevelop the former Edu Comp building.
Major redevelopment plans are on the drawing board for the former Edu-Comp building at the head of Main street Vineyard Haven, with a prospective buyer seeking approval to gut and renovate the existing brick building.
The family-owned office and art supply store that has been an anchor business at the head of Main street Vineyard Haven for the past four decades will permanently close its retail store.