Mayor Michael P. Cahill announced that the City of Beverly has agreed to settle litigation with Beverly Port Marina, which finally brings to an end a dispute that is almost 20 years old. As part of the terms of the settlement, Beverly Port Marina has agreed to not object to or challenge, for three years, the development that the city envisions for 1 Water St.
The city has also agreed to dismiss its appeal of a 2012 Department of Environmental Protection decision, finalized last year, that replaced 1,200-square-feet of public access across the Beverly Port Marina property from Water Street to the waterfront with the public access through the 1 Water St. site, as long as public access to the waterfront from that location is provided. The settlement with Beverly Port Marina, along with the city’s previous successful lifting of the Designated Port Area, creation of the Waterfront District, and work with Executive Office of Energy and Environmental Affairs to clarify the parameters of grant-related public access requirements, clear the way for a successful development at 1 Water St.
“The settlement agreement ultimately advances the city’s goal of activating the waterfront and creating an inviting destination for the public to enjoy, which has been a goal of the city since it bought the property in 1995,” Mayor Cahill said in an email statement.