Business & Tech

Retail With Residential Units Above Proposed for Vacant Main Street Plot

A half-acre of vacant land is now slated to become a mixed-use development with commercial on the first floor and 12 residential units on the second and third floors.

A Cambridge developer will be before the Peabody City Council Thursday night with plans to build a new mixed-use project on vacant land off Main Street.

The site in question is the overgrown, empty lot at 166 Main St., which is situated between the strip mall at 150 Main St. and the Peabody Bread Company.

The land was once part of a grander plan to build 200 condos off Main Street, but that project never came to fruition and the property has remained vacant.

The plan put forward by Nikolay Polinovsky is to construct a three-story building with retail, service and office use on the first floor and 12 residential units above and designate it all as 158-160 Main St.

Parking would actually be split between an aboveground lot for 34 spaces and an underground garage for the remaining 23 spaces. The building would 7,150 square feet.

A brief description of the project attached to the permit application merely states that the "development shall make use of an abandoned lot on Main Street and convert it into a quality development."

Polinovsky needs approval of a special permit from councilors in order to construct the building. The property is in a Central Business zone, but any residential use requires council approval.

The council meets at 7:30 p.m. in Wiggin Auditorium.


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