Developer has not moved forward with buying Conger building
By Miles Layton
Monday, January 21, 2019
EDENTON — It’s been nearly a year since Edenton officials agreed to sell the town’s Conger building, but a Raleigh developer still has not moved forward with buying it for a brew pub project.
Town Council voted 4-1 in March 2018 to sell the building, also known as the former Northeast Commission building, to John Conger Glover for $309,000.
However, Glover hasn’t moved forward with the purchase, and some residents are beginning to ask why.
During the public comment portion of council’s Jan. 8 meeting, a questioner asked what’s going on with the brew pub project.
“We are still talking over the same points relative to what the town of Edenton is willing to do with the building,” Mayor Roland Vaughan responded.
Vaughan said town officials remain hopeful Glover will “come to some conclusion” that allows the project to move forward.
“He still believes that we, the owners of the property, still have some work to do on the property before he is willing to buy it,” Vaughan said. “I sense that he is moving in a more positive direction to try to make that happen, but there's nothing definitive yet. I think it is very close for him to make a decision one way or the other. I really do.”
The town’s agreement to sell the building was controversial.
Supporters said selling the building to Glover would enable development of a waterfront property that could provide both a new dining option for residents as well as an attraction for tourists.
The local yacht club opposed the sale, however, saying using the site for a brewpub would negatively affect its ability to teach sailing and promote other water-related activities.
In other business at the Jan. 8 meeting, Town Manager Anne-Marie Knighton provided a general timetable for the new Taco Bell restaurant that indicates it should be under construction during the first half of the year.
Addressing another economic development project, Vaughan said developers of the Hinton Hotel redevelopment are very close to completing a financial package for the project.
'They have found tax credits that they can use,” he said. “They have discovered a bank that is willing to work with them. Both the tax credit holder and the bank have been to Edenton to observe the community and the project, so I also think that will come to head here very soon. I think it is very, very close as to what they are going to do.”
During the past few years, the town has stayed on the former hotel’s owner to keep the building from falling into disrepair, Vaughan said.