Nahant Coast Guard housing draws developers

NAHANT-The initial response to the request for re-development of the former Coast Guard Housing has been greater than anticipated.Nahant Town Administrator Mark Cullinan said the town made the RFP available to developers on Thursday afternoon and by Friday morning seven developers had already picked up a RFP package.?It’s very encouraging to have so many developers interested in this project,” he said.Last month Town Meeting authorized the town to issue the RFP for the former military housing site.The RFP specifies the minimum purchase price is set at $2.1 million but price is not the sole criteria in selecting a developer. According to the RFP, the town reserves the right to select any development proposal as long as the offered price meets the minimum requirement.The RFP calls for re-development proposals that include eight single- family homes with a minimum lot size of 4,500 square feet per home in the vicinity of Castle/Gardner Road. It also allows for no more than 20 multi-family homes in the Goddard Drive area.Cullinan said the town would accept sealed proposals for the sale and re-development of the property until noon on Aug. 9.Cullinan said the Military Housing Design and Development Committee would select no more than three applicants for public interviews. He said the Committee would select and recommend a development. He said the recommendation would be presented at a special Town Meeting this fall and Town Meeting would vote on whether to sell the property to the developer.