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Showing blogs: 1–6 of 482
According to the Gloucester Times, following a recent court decision upholding property assessments by the town, property taxes on Conomo Point, is expected to increase 300% or more between in the next year or so.
This is forcing tenants to weigh their options on continuing the lease at Conomo Point. Town Administrator Brendhan Zubricki said the Board of Selectmen will likely take up the issue of lease rates at its next meeting. The actual rates would likely be 3.75% of the assessed value, which is noted in the initial leases that were signed in 2011. But the judge’s decision has set the stage for those values to soar after the first year.
Read the entire Gloucester Times article.
According to the Salem News, a developer hoping to tear down 2 historic buildings directly across from the Beverly Deposit to build a 4-story building with 60 apartments, retail space on the first floor, and parking underneath the new building.
The plan is to continue the redevelopment of lower Rantoul Street by Windover, the Manchester-by-the-Sea developer that has already built several residential buildings along Rantoul Street.
The buildings that would be knocked down are the former Hotel Trafton at 9 Park Street, perhaps better known as the former Press Box barroom, and the former Cushing Carriage building at 142 Rantoul Street, which currently houses Sullivan Chiropractic.
Windover filed a permit to demolish the buildings last year. On January 31, 2013, the Beverly Historic District Commission ruled that the buildings are “historically significant” and “preferably preserved” and imposed a 1-year demolition delay; Windover is free to knock down the buildings once the delay expires.
In September 2013, the Massachusetts Historical Commission voted to include the area around the train depot on the National Register of Historic Places and declared both buildings “significant contributing elements” to the district.
Read the entire Salem News article.
The Salem News reports that the City of Salem received a $1.2 million grant through the Commonwealth’s MassWorks Infrastructure Program. The money which will go towards traffic and roadway improvements in North Salem, in the area known as Blubber Hollow, a neighborhood that has several major redevelopment projects planned or in progress, from the shuttered Salem Oil and Grease factory buildings to a 45-unit apartment and commercial building under construction at 28 Goodhue Street.
There are 3 additional substantial projects planned along North River Canal:
- The former Salem Suede leather factories are being developed into Riverview Place, with 130 apartments.
- The former Salem Oil & Grease property is slated to become Legacy Park, with 141 apartments.
- The Gateway Center, a multiuse complex at Boston and Bridge streets, is scheduled to include offices and a new community life center to replace the city’s cramped senior center.
10.23.13 State House Discusses Chapter 40B
According to the Recorder, housing developers and real estate industry leaders met with Massachusetts law makers yesterday to discuss Chapter 40B, the state's affordable housing law which allows developers to seek comprehensive permits for housing developments that can bypass local zonign rules for communities that have less than 10% of its housing "affordable".
Local officials and some state representatives are pushing the Commonwealth to change the rules on how affordable units are counted towards the 10% affordable threshold, including counting mobile homes, group homes, in-law apartments, and Section 8 housing.
In 2010, there was a ballot initiative to repeal Chapter 40B, which has been in effect for over 43-years, but that failed to get a majority of votes.
The Realtor® Association argued at the state house that housing remains unaffordable for a large population of citizens and a 10% affordibility goal is a reasonable goal for communities to achieve.
According to the Georgetown Record, the Knights of Columbus are seeking a general contractor to repair and restore their headquarters at 87 East Main Street, Georgetown, MA.
Building representative Lonnie Brennan said the reconstruction would require rebuilding the entire first floor by installing new flooring, constructing new walls and rebuilding its kitchen.
Brennan said the Knights of Columbus want other local, non-profit organizations to use the space such as Scouting troops, support groups, and private citizens. Typically, there is no fee to rent the space.
A recent use of the grounds included a charitable yard sale hosted by Georgetown residents. Other groups that use the space have since moved off-site following the flooding earlier this year that shut the building down. The Knights say that the hope is 90% of the time, the building will be used by the community at large.
The Knights took control of the building at 87 East Main Street in 1968.
The Eagle Tribune reports that a distressed and long vacant building in the Haverhill’s Mount Washington neighborhood may soon spring back to life as a renovated apartment complex for as many as seven families.
The owner of the building, which has been vacant for at least 5 years, recently saught permission from City Council to convert the building at 12-13 High Street to 7 rental apartments, reserving some for affordable housing rentals.
According to the proposal, the renovated building will retain its “family-style look” on the front and consist of three, 3-bedroom units and four, 2-bedroom units. It is to include a laundry and storage areas for tenants.
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