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Atlantic Broadband announces $7.2 million partnership

Atlantic Broadband has announced a $7.2 million partnership to deliver broadband to more than 1,200 homes and businesses in Caroline, Mathews, Lancaster and Middlesex counties.

A $4.2 million grant from the Virginia Telecommunication Initiative pays for the bulk of the project, with $1.5 million coming from Atlantic Broadband and the remaining $1.5 contributed by the four counties.

In March, Gov. Ralph Northam announced $20.1 million in grants to 17 localities as part of the broadband internet initiative, administered by the Department of Housing and Community Development.

The company’s 130-mile project is expected to take 18 months to complete, it said in its May 6 announcement. A timeline for construction and activation will be announced after contracts are formalized and design is complete, it said.

Based in Quincy, Massachusetts, Atlantic Broadband is a subsidiary of Cogeco Communications Inc. It provides internet, television and phone services to homes and businesses in 11 states, including Virginia.

Former Boy Scouts campground in Middlesex County sells for $3.5M

A former Boy Scouts of America campground in Middlesex County has sold for $3.5 million, Glen Allen-based commercial real estate company Commonwealth Commercial Partners LLC announced Wednesday.

The 306-acre Bayport Scout Camp located at 623 Bayport Road was sold by Phoenix Property Holdings LLC to MHC RV LLC in a transaction that closed on Oct. 19.

The waterfront property was recently rezoned for a commercial RV campground and is approved for use for 900 RV sites, according to Commonwealth Commercial Partners. 

Hank Campbell and Sam Worley of Commonwealth Commercial Partners represented the seller in the transaction and Bill Overman,, John Wessling and Chris Zarpas of S.L. Nusbaum Realty Co. represented the buyer.

 

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