Several years after a plan to build condominiums and a marina at the former Penn Yan Boat Company site was first pitched, construction could begin later this summer.
Earlier this month, village officials signed closing papers selling the property to Chris Iversen, owner of Gorham-based Iversen Construction. Iversen entered into an agreement with Penn Yan and Yates County through a subsidiary, Keuka Outlet Development, LLC.
Iversen plans to build 42 condo units, a clubhouse and marina at the site, which was home to Penn Yan Boats for nearly 80 years. Iversen has done a number of other high-profile projects in the village, including the Birkett Landing apartment complex along the Keuka Lake Outlet on Water Street and the new Hampton Inn hotel on the lake.
Iversen said Monday he still needs to get some permits before construction can begin. He hopes to start in late summer or early fall.