Tying land use regulations to local sewer and water infrastructure can be narrowly targeted, and won’t require spending up to $3 billion and won’t take 30 years to be implemented.
Money for a sewer and water connection isn’t headline news – unless it means unlocking 6,000 long-anticipated housing units near a commuter rail station.
House Speaker Ron Mariano on Thursday voiced an openness to considering a local-option real estate transfer tax to boost the affordable housing supply and indicated he would use water and sewer infrastructure to unlock a long-stalled development site.
The Southfield Redevelopment Authority supported changes that would give the new master development team flexibility to build more housing depending upon market conditions.
The federal government has received a dozen bids for a 51-acre parcel in South Weymouth that’s been the subject of a jurisdictional dispute with local officials.
A Norfolk Superior Court judge has ordered a multifamily developer hired to helm the troubled redevelopment of the former South Weymouth Naval Air Station to pay $63 million for failing to pay for a range of development and upkeep costs on the property before the firm was removed from its master developer role.
The Southfield Redevelopment Authority will receive nearly $1 million a year to help pay for its operations after entering an exclusive negotiating agreement with the potential new master developer at the 1,450-acre former air base.
A partnership between Brookfield Properties, Boston-based New England Development and Pinehills Managing Partner Tony Green will lead the latest attempt to redevelop the 1,450-acre Southfield parcel on the South Shore.
Two development teams are seeking to restart the Southfield project at the 1,450-acre former South Weymouth Naval Air Station with a larger housing component while reducing commercial space.
LStar has struggled to attract development to the former South Weymouth Naval Air Station property.
