Apr 22, 2016 2:29 PM
Portsmouth approves plan for new complex including 94 apartments, 3 restaurants
PORTSMOUTH — The city's planning board has approved a residential complex that will include 94 apartments and three new restaurants.
According to Seacoastonline.com, the complex will be going up at Southgate Plaza. Waterstone Retail Development who is developing the site, bought the location in November of 2006.
"It’s been a long decade with a lot of iterations as this project has evolved," Principal of Waterstone Josh Levy said, according to the paper.
Levy also said that the project's plan includes renting apartments at a "market rate," in order to enable them to offer apartment living that is cheaper than downtown's rates.
There was an unanimous vote to approve a conditional use permit for the project, even though three board members voted against the site's approval. The project's approval went through by a 6-3 vote.
According to engineers from Tighe & Bond engineering firm, the complex will be in the rear of the development near Constitution Avenue, and there will be two entrances to the new grounds - one which is now an emergency access road into Water Country.