X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DEDHAM, MA-JPI, a Dallas-Texas-based development company is planning to file a proposal to develop a 300-unit apartment complex with an affordable housing component here on Rustcraft Road on a 12-acre site currently owned by R.K. Associates.

Arthur Noonan, the town planner, tells GlobeSt.com that while JPI has not filed a formal proposal yet it has indicated to the town its intention to file a Chapter 40B application, which allows a developer to bypass local zoning laws if the proposed development has at least a 25% affordable housing component in a town that does not have at least 10% affordable housing. Noonan says that Dedham currently has 3.9% affordable housing.

The town has already approved a 40B application about two years ago for a 95-unit assisted living complex, which is currently under construction. It is also in the process of considering two other Chapter 40B proposals, one of which is a 61-unit senior housing development. “The intention of Chapter 40B is to promote construction of affordable housing,” points out Noonan. “If for years there hasn’t been affordable housing in a town and suddenly a 40B is submitted, people say, we established this zoning. How can they not abide by it?” But Noonan adds that many local residents feel that the JPI proposal is too large and is being located in an area the town was hoping would be developed as an office and research and development area.

Noonan says that despite the Chapter 40B aspect of this proposal–which allows a developer to appeal a rejection by a local zoning board to the state–it’s not clear that the project will ultimately end up as it is currently being proposed. “We consider each proposal on its individual merit,” notes Noonan. “There are those issues that have to be dealt with.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. Apartments 2020Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.