OVP Management plans new retail site in N. Conway

Former L.L. Bean plaza to be razed to make way for four-building complex

December 3, 2014

NH Business Review Staff,

A new four-building retail complex is planned at the site of the long-shuttered former L.L. Bean White Mountain Plaza in North Conway.

According to The Conway Daily Sun, representatives of OVP Management Inc., owner of the Settlers' Green Outlet Village, will appear before the Conway planning board at its Dec. 11 meeting to begin full-site plan review for the project.

Robert Barsamian, who heads up OVP, told the Sun that it is hoped construction could begin next year.

The site as proposed would include 285 parking spaces.

The property was sold in May by IPTV-B-C42, LLC of Dallas, Texas, for $1.4 million, Realtor Bayard Kennett of RE/MAX Presidential of North Conway told the Sun.

The building was built in the mid-1980s, but has stood largely vacant since L.L. Bean moved several years ago to a new site at Settlers' Crossing, another OVP Management Inc.-developed property.

Categories: Real Estate & Construction

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