WILMINGTON, MA — Back in the spring, Selectman Mike McCoy was on high alert after hearing rumors that a company was eying the old Veritiv/Xpedex site, located at 613 Main Street, for a large scale housing development — as many as 520 units.
McCoy first sounded the alarm at the 2017 Annual Town Meeting, then wrote a letter to to the editor on the matter, and proceeded to bring up his concerns multiple times at Board of Selectmen meetings in the spring and summer. These rumors were covered by the local media and spread widely via social media over the past several months.
At the Board of Selectmen’s October 23 meeting, Town Manager Jeff Hull announced that the Cyon Group, an industrial and warehouse developer, had entered into an agreement to purchase the site in question.
While Hull didn’t have a ton of information on the sale of the 4.56-acre Main Street parcel, he felt it prudent to share the news.
“I thought it would be important to make the board aware of this [transaction] in light of the level of discussion that has taken place about the property,” Hull said.
Fears of a large scale housing development at this location have now been allayed.
“I think this is great news,” responded Selectman Mike McCoy. “I wasn’t alone in hearing those rumors… and I’m delighted to see this deal.”
Watch The Video:
Watch this discussion, courtesy of Wilmington Community Television, below beginning at the 2:57:15-mark.
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