SalemNews.com, Salem, MA

Local News

September 9, 2013

Condo project could be revived

Economy's downturn stalled construction

(Continued)

Pantano said the local permits for the project have been extended through May 2015 under the Permit Extension Act passed by the state in 2010. The law granted automatic extensions for certain permits in an effort to help with the state’s economic recovery.

The Ventron land, named after the company once located there, has been vacant for years.

It was also home to Metal Hydrides, which converted uranium oxide to uranium metal powder as part of the Manhattan Project to make the world’s first atomic bomb.

The federal government spent $11 million to clean up the 3.7-acre site.

When it was approved by the city in 2007, the project called for building 72 condominium units in two 35-foot-tall buildings.

It would also include construction of a 12-foot-wide walkway along the waterfront, giving the public its first access to the land in years.

Staff writer Paul Leighton can be reached at 978-338-2675 or pleighton@salemnews.com.

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