Scenic imagery

Zoning Ordinance Aims to Turn Commercial Land into Housing for Families

5.24.19

Hearings on an amendment to the zoning ordinance to create a Residential Overlay District in areas currently zoned BR along Route 1 South in Peabody were held on April 18th and 24th, and it was passed 10-0 by the Peabody City Council at the April 24th meeting. This came after the amendment was presented  by Peabody’s Director of Community Development and Planning at the Planning Board’s April 19th meeting.

The Overlay District allows for the construction of multifamily housing in and around the North Shore Mall property as well as on parcels along Route 1 Southbound. The Overlay District comes with an assurance that all projects of eight units or more would be 15% affordable housing, a number which, according to the Salem News is more than the City currently requires on larger multifamily projects.

The creation of this overlay district is one method being utilized in the current push, led by Gov. Baker, to increase housing production throughout the state in the hopes of improving the amount of affordable housing available by building up the overall stock of homes on the market.

see all blogs button

Subscriptions

Tags