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Advisory committee narrows Stephen Palmer property options to multifamily or mixed use; 99‑year lease and land-swap discussed
Summary
An advisory committee update reported consultants narrowed reuse options for the Stephen Palmer site to multifamily housing or mixed-use development; consultants removed single-family, two-family and private community-center options and advised any private development will need to be profitable, making a 99‑year lease or sale likely; land-swap and Article 97 constraints were identified as potential procedural hurdles.
The Stephen Palmer advisory committee is moving toward multifamily housing or mixed-use as the likely paths for the town-owned Stephen Palmer property, an update to the finance committee said.
A committee member summarized conclusions from a recent consultant-led meeting: single-family, two-family and a private community center were taken off the table as viable options, and consultants suggested developers…
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