continued “Morgan Management can walk from the project, they have the right to do that,” Stevens said. “We own the land and we’re not obligated to build. All we’re required to do is plant grass seed. We can plant the grass seed and the site could remain vacant for 5, 10, or 20 years, which would be a real loss for this village. That’s what’ll happen, it will sit.”
Stevens went on to say that she thinks finding another developer that will comply with what Manlius wants for Madison Row will be nearly impossible.
“There will be other interest in the land,” she said. “The problem is, the people who will be interested in the land will want to build a single-story, standalone store like Walgreens or Rite Aid. To find somebody who wants to deliver a mixed-use, two story building with restaurants, office space and apartments is the equivalent of finding a needle in a haystack.”
The board members invited Morgan Management to the next planning board meeting at 7 p.m. on July 9, but at the time of publication it is not clear what Morgan Management’s intentions are for the project.