Offered for the first time in generations. Developers take notice. Over a half-acre of developable land in one of the prime zones for a mix of affordable and market rate units or just reconstruct the existing buildings as set out below provided by the Commissioner. A different plan could allow more units.From the Building Commissioner:”With a Special Permit for pre-existing non-conforming, all 5 units could be reconstructed. Raze and rebuild would require them to be built to the flood plain regulations in effect at the time. Any increase in the number of units, in separate building(s), above the existing number would not be allowed by right based on each building requiring 5000 sq. ft. of lot area and this lot is just over 25,000.Multi-family units could be created using the five buildings through the Planning Board. This lot could support 5-three-unit buildings or some combination not to exceed 15 units in total, spread over the existing 5 dwellings. A net increase of two units above the five would trigger inclusionary. 1/6 of the new units created would be required to be established as Affordable or Community housing units. Planning Board approval required.”
