Panel To Interview Both Bidders For Sandwich's 'Golden Triangle' Acres

The two entities seeking to buy and develop town-owned land in the so-called Golden Triangle will participate in separate public interviews next week at Sandwich Town Hall.

Town manager George H. Dunham confirmed this week that the interview with Tsakalos Realty Trust representatives is set for Tuesday at 10 AM, while the interview of the joint partnership represented by Clark Consulting of Falmouth is scheduled later that day at 1 PM.

Selectmen will meet again on Thursday at Town Hall to go over the results of Tuesday’s meetings.

Mr. Dunham said the town team evaluating the two proposals will conduct the interviews.

Each entity has been given a list of issues and questions that the town would like further clarification about.


Following the interviews, the board of selectmen will work on rating the two plans as required by the town’s previously issued request for proposals for the development of the land.

The town owns 56 acres in the Golden Triangle bounded by Route 130 and Cotuit and Quaker Meetinghouse roads in South Sandwich.

In its proposal, the joint partnership proposed acquiring the entire 56-acre tract, where it would build a destination sports complex slated to include a fieldhouse, a number of athletic and ball fields, two hotels and retail space.

The partnership offered to pay $750,000 for the land and to make a non-refundable $150,000 donation to the Sandwich Economic Initiative Corporation, a nonprofit organization created to boost the town’s economy.

The Tsakalos trust offered to buy 16.75 acres of the tract for $1,088,750.

The trust then would combine the former town land with adjacent developed and undeveloped trust land to create a mixed-use development that would include retail, office, medical and residential space, as well as a 120-unit hotel.

As part of the deal, however, the trust wanted the town to agree not to allow competing uses on the remaining 40 acres of town-owned land.

Last month, the town warned both the trust and the partnership that their respective proposals would not be considered “responsive” and would be dismissed unless they provided additional information.

In another development, representatives of the trust and the partnership have met to discuss cooperating on development of the town-owned land.

Mr. Dunham said that the town welcomes cooperation, but he was not certain whether a combination proposal would meet the strict Massachusetts legal requirements for the disposition of publicly owned property.

Of the two entities bidding on the property, the trust is headed by Thomas Tsakalos, who owns the Canterbury, Heritage and Trade Winds shopping centers already in the Golden Triangle.

Members of the joint partnership include Mr. Clark; the Dan Duquette Sports Academy, which is headed by Daniel P. Duquette, former general manager of the Boston Red Sox, and now executive vice president of the Baltimore Orioles; NRG Energy Inc., owner of the Canal electric power plant, and the largest taxpayer in Sandwich; Boston Global Investors, headed by John B. Hynes III; longtime Boston restaurateur Mark Manning; and Mr. Manning’s son-in-law, retired hockey star Christopher E. Drury.


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