The
reuse plan approved by Belmont voters
met the town's priorities as outlined by the McLean Task Force:
Belmont Priority
McLean
Plan
"Maximize undisturbed
open space"
140
acres of public and private open space are protected. This represents
90% of current open space.
"Generate
additional tax revenue"
Belmont
town assessor estimates the plan will generate $3 million in gross
revenue to fund schools and other needed services.
"Allow
Belmont to secure land for a cemetery"
Land
for a new cemetery--the first in over 100 years--is part of the
plan.
"Satisfy
need for senior housing"
A
480-unit senior community will provide an array of options for Belmont
seniors.
Provide
affordable housing
30
units of affordable housing are included in the senior community.
Also, land will be given to the town to build 40 additional units.
"Minimize
the traffic impact of development"
The
town's traffic consultant stated that surrounding roadways could
accommodate an additional 800 peak hour trips. Due to significant
decreases in the size of the plan, the development will generate
only 380 peak hour trips. Also, $1 million will be made available
to improve current and future traffic flow at affected intersections.
The Keefe Company
75 Federal Street, 4th Floor
Boston, MA 02110
