After a two-year hiatus, plans for a new Dunkin’ franchise at the corner of Exchange and North streets in Geneva are back on track, with opening anticipated as early as next year.
According to The Finger Lakes Times, the city’s Industrial Development and Local Development agencies approved the sale of the so-called Gateway Parcel to CRT CXLVI, a limited liability company represented by Mark Cafua of Cafua Management Co. of Massachusetts.
Cafua Management will pay $250,000 for the property. The deal requires CRT CXLVI to finalize the purchase by March 1 and secure all necessary city approvals before closing.
The project’s advancement follows a period of uncertainty due to contamination issues on the property, which initially hindered the sale.
However, the project faces one last possible obstacle: Zoning changes in the city. The current zoning does not permit drive-thru businesses in the area planned for the Dunkin’ outlet. City Council is expected to address this issue in an upcoming meeting.
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