Michael Hale, Shrewsbury's assistant town manager, tells GlobeSt.com that the residents now have to pass a debt exclusion override for the town to be able to purchase the property.
AvalonBay Communities wants to develop the residential complex on the site. The company would build the project with a comprehensive permit, which, under the state's affordable hosing law, would enable them to bypass local zoning laws if the project has at least 25% affordable housing and the town does not have 10% affordable housing.
But at Town Meeting it was also voted to rezone the site from limited industrial and residential use to office and research and development use. The site is located between Routes 9 and 20 and the town would like to see it used for commercial space.
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