EP Waterfront Commission 9/25/24

Sep 25, 2024 YouTube

The EP Waterfront Commission meeting on September 25, 2024, began with an update on the IB Street housing project, where 45 pre-qualified buyers will enter a lottery for units priced between $169,000 and $294,000. The commission approved the minutes from its August 13, 2024 meeting. A detailed presentation on the Kettle Point Tax Increment Financing (TIF) district highlighted its success, showing the property's assessed value grew from $2.2 million to over $98 million, generating over $783,000 in annual tax revenue for the city. The commission also heard from the planning department about the city's comprehensive plan, which is expected to be adopted by the City Council in December or January, and discussed updating local ordinances on inclusionary zoning and certified mail requirements to align with new state laws. The majority of the meeting was dedicated to the continuation of the public hearing for the Metacomet property development. The applicant's team presented several updates. Matt Murva of Bowler Engineering discussed the completed drainage and utility plans. Ashley Sweet of Weston and Samson provided an analysis arguing the project's consistency with the city's current comprehensive plan and Waterfront District plan, and detailed requests for variances on signage, parking, and fenestration. Paul Bannon of Crossman Engineering presented a comprehensive traffic impact study, which projected 6,000 to 6,500 new daily vehicle trips and proposed significant off-site mitigation, including a two-lane roundabout at Veterans Memorial Parkway and Lion Avenue. During public comment, residents raised concerns about the scale of the development, the impact on the scenic character of the Parkway, the removal of a historic stone wall, and the need for an updated and peer-reviewed public safety report. The commission voted to continue the public hearing to its next meeting on October 17, 2024.

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