Public invited to see presentation of Hope Mill designs tonight

Public invited to see presentation of Hope Mill designs tonight

SCITUATE – Following Superior Court’s approval of BMP LLC’s $1.28 million bid on the historic 38-acre Hope Mill property, the Scituate Town Council plans to host a public hearing tonight, Thursday, Jan. 14, where the group will present design plans.

“It will allow the public the first opportunity to meet the people who just got approval to purchase the Hope Mill,” attorney David D’Agostino, who represents the town of Scituate, told The Valley Breeze & Observer.

Roughly 200 apartment units are planned by the group, D’Agostino’s said he believes. Representatives will also share if and where the public will be allowed to access the site.

Hope Mill was built in 1806 and is located mostly on Main Street in Scituate with 7.5 acres in Coventry.

This is the same property that developer Vincent Coccoli has been hoping to develop for almost a decade, with a proposal very similar to BMP’s.

BMP, which has an address in Portland, Maine, is affiliated with the Paramount Development Group, a Boston-based company that specializes in rehabilitating historic properties, according to its website.

Later in the meeting, according to the agenda, the Town Council will be asked to ratify a tax stabilization agreement for the development of the Hope Mill property with BMP LLC and/or Paramount Development Group – whichever entity is the developer, D’Agostino said.

On Monday, he told The Observer that the agreement was still in draft form and hadn’t been seen by either party.

The meeting will be held at 7 p.m. at Scituate High School, which gives Paramount representatives the tools to show video and large-scale drawings and accommodates more members of the public, D’Agostino said.

On Jan. 8, Rhode Island Superior Court approved the receiver’s petition to sell the Hope Mill to BMP LLC, according to D’Agostino. The property is in holding by a state receivership. Peter Furness, a Providence attorney serves as the property’s court-appointed receiver.