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TOWN GREEN CONCEPT March 2, 2011

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TOWN GREEN CONCEPT

March 2, 2011

GOAL

Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context of a residential

area is appropriate within the context of a historic

district addresses the environmental and liability issues addresses multiple community needs provides fair value for current owner

Page 3: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

OVERVIEW Keystone location Challenging site Advantages to municipal participation Can address multiple town needs

Page 4: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

CONCEPT PLAN

A town green Housing Auxiliary

parking Passive

recreation

Page 5: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

CONCEPT PLAN B

A town green Housing Auxiliary

parking Passive

recreation

Page 6: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

VISUALS

Page 7: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

ENVIRONMENTALUnderstanding scopeRemediation LiabilityExploring assistance

Page 8: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

HOUSING

Building a network of professional resourcesReaching out to Mass Housing and Mass DevelopmentReaching out to selected developers

Page 9: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

FINANCIAL/ORGANIZATIONAL

Accumulating cost estimates and appraisal information leading to pro forma scenarios

Opened a line of communication to real estate agent

Exploring organizational options

Page 10: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

SUMMARY

Citizens group is preparing a conceptual proposal for the redevelopment of the property, assessing feasibility

Doing the necessary research in a careful, thorough way

Building a network of supportive professional expertise

Aiming to bring a fully developed proposal forward as early as this fall

Seeking feedback, input, suggestions

Page 11: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

Page 12: March 2, 2011. Provide a viable, practical, and attractivesolution for the redevelopment of the Smith property that: is appropriate within the context

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