Community Center Redevelopment Proposal Presented by Echelon Resources
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Description
Echelon Resources, Inc. presented a proposal to purchase and redevelop the New Market Community Center for market-rate apartments, offering $1 plus a $7,500 reimbursement for closing costs. The proposal is under council discussion.
Contract Details
Contract Amount
$7,500 (reimbursement for transaction costs); purchase price $1 (nominal)
Vendor
ECHELON RESOURCES INC
Agency
Town of New Market, VA
Contract Type
OTHER
Document Date
May 18, 2026
Renewal Info
Project in preliminary discussion; any contract subject to future council approval and negotiation.
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