Economy Slows Building Projects
September 30, 2008
Tough economic times are taking a toll on Epping’s retail boom.
Local developer Rob Graham has shelved plans to bring a retail project to the former granary building property along Main Street and Railroad Avenue. Graham said yesterday he was hoping to have tenants, but no one signed onto the project.
“We are in a wait-and-see mode,” he said yesterday.
The planning board in May conditionally approved Graham’s plan to build a 2,497-square-foot restaurant that would have included a Taco Bell and a Kentucky Fried Chicken. The plan also called for a 3,480-square-foot bank.
Graham said his project isn’t the only one being put on hold.
“A lot of projects in town are holding off and waiting to see what’s going to happen, and it’s not just in Epping,” he said.
Despite the uncertainties, Graham said, there are still a lot of “great locations and good fits” for certain types of businesses.
Full story from JASON SCHREIBER
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