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Meeting Notice: Swampscott to Hold Public Forum on Proposed 40R Smart Growth Overlay District this Thurs 1/17

1.15.19

The Town of Swampscott will hold a Public Forum on the proposed Chapter 40R Smart Growth Overlay Zoning District this Thursday, January 17, 2019 from 6:30 - 8:00 P.M. in the Cafeteria of the Swampscott Council on Aging (Senior Center) located at 200R Essex Street

Summary of Proposal

The Town of Swampscott's Planning Board & Board of Selectman have proposed a 40R Smart Growth Overlay Zoning District in the area surrounding the historic Swampscott train station. The Overlay District would provide allowances, guidelines and regulations for new development and redevelopment, focused on revitalizing underutilized properties.

This proposal would promote mixed land use (commercial, residential, institutional and open space), create new, diversified and higher density housing opportunities (25% affordable required), encourage compact, transit-oriented development in walkable areas, and foster economic development, tax revenue, and additional financial incentives from the state.

The Overlay District must receive input from the community and a two-thirds vote at Swampscott’s Town Meeting in May.

Background on Chapter 40R Smart Growth Zoning

Chapter 40R provides for direct financial incentives to municipalities when they adopt zoning overlay districts intended to facilitate the production of housing and mixed-use development at specified “smart growth” locations. Chapter 40R seeks to substantially increase the supply of housing and decrease its cost, by increasing the amount of land zoned for dense housing. It targets the shortfall in housing for low- and moderate-income households, by requiring the inclusion of affordable units in most private projects.

More on 40R Smart Growth Zoning is available here and the Public Forum Notice from the Town of Swampscott is posted below and on the town's website

North Shore Association of REALTORS® Position

NSAR generally supports 40R Smart Growth Zoning. In accordance with NSAR’s Public Policy Statement, REALTORS® support efforts by North Shore cities and towns to address the underlying demand for housing stock by developing programs that foster community revitalization and economic growth in accordance with Smart Growth principles, including the creation of adequate workforce and affordable housing. REALTORS® support incentive based, market-driven and innovative land use planning techniques that use land more efficiently, while recognizing that property restrictions should always balance with the property rights

REALTOR® Call for Action

NSAR encourages you to attend Thursday’s Public Forum. If you plan to attend or have any questions, please let us know by replying to this email or contacting NSAR at 978-232-9410. 

WHAT: Town of Swampscott Public Forum on Proposed 40R Smart Growth Overlay Zoning District
WHEN: Thursday, January 17, 2019 from 6:30 – 8:00 P.M. 
WHERE: Swampscott Council on Aging (Senior Center) Cafeteria, 200R Essex Street

Swampscott 40R Smart Growth Overlay

Swampscott

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