Bellows Falls Village Trustees Meeting Agenda Packet May 2026
Pre-Development Agreement with DEW Properties for Bridge Street
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Description
Rockingham entered into a pre-development agreement granting DEW Properties LLC a 12‑month exclusive due diligence period to evaluate a mixed-use housing and commercial project on the Town’s Bridge Street parcel. If feasible, the parties will negotiate an option for DEW to purchase the land for one dollar in exchange for constructing new housing units.
Contract Details
Vendor
DEW PROPERTIES LLC
Agency
Town of Rockingham, VT
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 12, 2026
Contract Term
12-month due diligence period from full execution, extendable by mutual written agreement
Renewal Info
Due diligence period may be extended by mutual written agreement; any subsequent Option to Purchase Agreement will contain its own terms and conditions.
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