In a recent city council meeting, attorney Nancy O'Neil presented a proposal on behalf of 101 Walnut Street LLC, managed by local resident Robert Mahoney, for a potential land swap involving conservation and residential parcels in North Revere. The proposal involves Mahoney's company offering approximately 78,100 square feet of conservation land on Austin Street to the city in exchange for a smaller, residentially zoned parcel at 35 Morris Street, which measures about 69,100 square feet.

O'Neil emphasized that the land swap would benefit both parties: the city would gain control over additional conservation land, while Mahoney would be able to develop low-density housing on the Morris Street parcel, which, when combined with his adjacent property, would meet the size requirements for development in the RA-1 district.

The councilors were invited to ask questions regarding the proposal, which O'Neil described as a \"win-win situation\" for the city and the community. The discussion highlights ongoing efforts to balance conservation needs with residential development in the area.