Bill Stenger and Ariel Quiros received permission to raze the former Spates Block in downtown Newport City last year on one key condition.
And now that condition could potentially deter new developers from buying the property, unless it’s lifted by the Act 250 regional commission.
Officials heard Thursday that there’s good news on that front.
The two now-scandal-ridden developers with Jay Peak Resort had to agree that if they couldn’t get their development permitted and underway by the fall of 2017, they had to fill with dirt what is essentially a block of cellar holes and turn it into a temporary park on Main Street.
The idea by the Vermont Division of Historic Preservation was to at least provide downtown Newport with usable space if development was delayed.
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