According to Denise Gaffey, the town's acting planning director,the city is interested in getting an affordable housing componentinto the project. Pembroke is not applying for a comprehensivepermit, which would allow it to bypass local zoning laws but wouldnecessitate that 25% of the units be affordable, and there is noinclusionary zoning in Melrose, which in Boston obligatesdevelopers to make at least 10% of any residential developmentaffordable. "This will have to be a voluntary agreement on thedeveloper's part," Gaffey tells GlobeSt.com. She notes thatPembroke is looking to make the development "high end" and, shesays, "they realize it would have a significant impact on thecity."

She says that while a deal has not been completely worked outyet, the city is talking with Pembroke about a combination of 14affordable units onsite and seed money of $200,000 to createhousing elsewhere in the city. Twelve of the acres of Fidelity'sland are in Melrose, and 400 of the units will be here. Pembrokemade an offer of $2,000 per unit to the city of Malden, which,notes Gaffey, it looks like they are going to accept. Malden hasreached the 10% affordable housing requirement while Melrose is at6.94%. Gaffey says that if the deal with Pembroke works out,Melrose would apply to have these units count toward theiraffordable housing requirement.

The proposed project is having its last public hearing nextweek. The developer will need to apply for a special permit becausethe property comes under three different zoning restrictions. Onepart of the site is in a residentially zoned area while the othertwo are zoned for business.

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