BOS to consider new developer for PRHS apts.
By Mike BergerThe Board of Selectmen is reviewing a change in the master agreement with Canton Holdings LLC to allow a separate developer to construct the 60 age-restricted rental units that had been previously approved for the Paul Revere Heritage Site. Of the 60 units, 15 will be earmarked as moderate-income units.
The new apartment building will be similar in style to the Copperworks condo buildings.
Scott Weymouth of Arista Development has purchased the rights to build the residences from Canton Holdings and presented his plans to selectmen Tuesday night. Weymouth is working with Marco Crugnale of Crugnale Properties to construct the building, which was included as part of the original development agreement.
As detailed in his introduction on Tuesday night, Bernie Plante of Canton Holdings noted that the plan approved in 2015 allowed for the construction of 272 residential units, which includes the 60 age-restricted units as well as 212 for-sale condominiums, which are now under construction by Thorndike Development.
The building for the rental units will be similar in style to the condominium buildings and residents will share a clubhouse and pool. Arista plans to build 24 one-bedroom apartments and 36 two-bedroom units within the three-story building.
Weymouth said his company has had experience building quality-driven multi-family units in Attleboro and Mansfield. If approved by selectmen, Arista is preparing to begin building in February 2020 with an expected completion sometime in 2021.
All 60 units will count towards Canton’s affordable housing percentage, which is currently above the state-mandated 10 percent threshold. Selectmen plan to take the next week to study the plans before taking possible action at its next meeting on Tuesday, November 19 …
See this week’s Canton Citizen for more highlights from the November 12 selectmen’s meeting. Not a subscriber? Click here to order your subscription today (also available in digital form).
Short URL: https://www.thecantoncitizen.com/?p=62014
Posted by Mike Berger
on Nov 15 2019. Filed under News, Town Government.
Both comments and pings are currently closed.
