Guilford and developer come to agreement in Portsmouth

Thursday, August 11, 2005
Developer, railroad reach settlement on Portsmouth crossing

By MICHAEL GOOT
Portsmouth Bureau Chief
[email protected]

PORTSMOUTH — The developer proposing a major residential and commercial project off Islington Street has reached a tentative agreement with the railroad company whose line runs through the 40-acre property, a primary obstacle stopping him from reinitiating discussion with city officials.

Read the rest of the article at:
http://www.fosters.com/apps/pbcs.dll/ar ... /108110089

Here's a shocker: "Guilford's agreed to sell us an easement over the Rockingham Portsmouth (rail) line near Borwick Avenue,"

GRS originally stipulated a bridge but settled for cash and developer installing crossing signals. Was GRS' issue "safety concerns" or money?

Was GRS' issue "safety concerns" or money?

I think we all know the answer to that question