Amherst Town Centre Project May Get Axed ; Benderson Seeks to Sell Maple Road Property
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Summary
The $44 million project that developers promised would reshape Amherst as a one-of-kind retail and entertainment destination may bite the dust.
After three years struggling to keep the Amherst Town Centre concept alive in the face of Town Board wrangling, legal challenges from neighbors and the long recession, Benderson Development Co. is now negotiating with at least one potential buyer to take the property off its hands.See the full content of this document
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Amherst Town Centre Project May Get Axed ; Benderson Seeks to Sell Maple Road Property
"Three years is an incredibly long period of time," said Benderson Vice President Eric Recoon. "The landscape has changed dramatically."
Dramatically enough that Benderson is in serious negotiations with Landmark Properties, a student housing developer based in Athens, Ga. Landmark expressed int...See the full content of this document
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