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Danvers Affordable Housing Trust hears updates on several redevelopment proposals and pipeline
Summary
The Trust received updates on multiple development proposals — including a withdrawn Elm Street application, a Lions Ambulance Building plan with nine residential units, a ~30-unit Maple Street proposal, a strip-mall conversion, and outreach to Danvers Hardware — and directed staff to prepare an updated pipeline and potential revenue report.
At its March 18 meeting the Danvers Affordable Housing Trust reviewed updates on a series of local redevelopment proposals and discussed pipeline reporting that will summarize expected housing units and inclusionary obligations.
The applicant for the former Page Drugstore/Bank of America building on Elm Street withdrew without prejudice; the Trust noted the developer agreement with the property owner may need renegotiation after the proposed unit count dropped from 16 to 13. A Lions Ambulance Building proposal described in a press release would keep the structure (no demolition), place commercial uses on the first two floors and contain nine residential units on floors three and four; a preservation-review application has been submitted.
A proposal for 156–158 Maple Street (the Tech Air property) would create about 30 units: 12 townhomes and 18 units above the existing building, with plans to maintain the current structure and build above it; parking and open-space requirements will be negotiated. The owner of the strip mall across from the Fire Headquarters proposed adding a second floor and re-skinning the façade, which could yield approximately 12 residential units by right. Town staff reported outreach to the Danvers Hardware property owner about redevelopment timing; the owner’s response is pending.
Staff will prepare an updated quarterly report showing housing units in the pipeline and expected inclusionary payments; members noted that recent projects have typically provided affordable units on-site rather than paying fees.
