Real EstateHousing Developments

Plymouth Approves 300-Unit Rental Development at Colony Place

10 months agoUS
Plymouth Approves 300-Unit Rental Development at Colony PlaceSource: 959watd.com
A new 300-unit rental apartment complex, Kanso Plymouth, has been approved for development at Colony Place in Plymouth, Massachusetts. This project leverages Chapter 40B, a state law that allows developers to bypass local zoning regulations to build affordable housing in communities where less than 10% of the housing stock is considered affordable. The development promises to bring not only new housing options but also significant infrastructure improvements to the town.

Key Insights

Project Approval:: The Plymouth Zoning Board of Appeals approved the Kanso Plymouth development, consisting of 300 rental units at Colony Place.

Chapter 40B Benefits:: This project takes advantage of Chapter 40B, which allows developers to override local zoning laws to increase affordable housing.

Safe Harbor Provision:: With the project's approval, Plymouth gains a two-year Safe Harbor, potentially allowing the town to reject future 40B applications, provided a building permit is prepared within one year.

Infrastructure Improvement:: The developer will construct a booster pump station connecting the North and West Plymouth water supply systems, saving the town millions of dollars.

Why this matters: This development addresses the critical need for affordable housing while also providing infrastructure benefits, making it a win-win for the community. The Safe Harbor provision offers Plymouth more control over future housing developments.

In-Depth Analysis

The Kanso Plymouth development marks a significant addition to the Colony Place shopping center, utilizing the last vacant piece of land in the area. The project includes a five-story building, exceeding the town's typical height restrictions of 35 feet or three stories. It also introduces residential use in a commercial zone, which is not usually permitted under local zoning regulations. The density of the project is far greater than what would typically be allowed for multi-family housing.

The Safe Harbor designation is crucial for Plymouth, as it provides the town with the ability to deny future 40B permit applications. This designation is contingent upon the town securing a building permit within one year of the project's approval. Furthermore, the construction of the booster pump station will integrate the North and West Plymouth water supply systems, enhancing the town's water infrastructure and saving millions of dollars in potential costs.

How to Prepare:

Stay informed about local zoning and development plans.

Understand the implications of Chapter 40B and Safe Harbor provisions for your community.

Who This Affects Most:

Residents of Plymouth seeking affordable housing options.

Local taxpayers who will benefit from the infrastructure improvements.

FAQs

Q: What is Chapter 40B?

Chapter 40B is a Massachusetts state law that allows developers to bypass local zoning regulations to build affordable housing in communities with less than 10% affordable housing stock.

Q: What is the Safe Harbor designation?

The Safe Harbor designation allows a town to deny future 40B permit applications under specific conditions, such as securing a building permit within one year of project approval.

Q: What benefits does the Kanso Plymouth project bring to Plymouth?

Besides providing 300 rental units, the project includes the construction of a booster pump station that will connect the North and West Plymouth water supply systems, saving the town millions of dollars.

Key Takeaways

Plymouth has approved a 300-unit rental development at Colony Place.

The project leverages Chapter 40B to increase affordable housing options.

Plymouth gains a two-year Safe Harbor, offering control over future 40B projects.

A booster pump station will be built, improving the town's water infrastructure and saving millions.

Discussion

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