TOWN GREEN CONCEPT

March 2, 2011

GOAL Provide a viable, practical, and

attractivesolution for the redevelopment of the Smith property that: is appropriate within the context of a residential

area is appropriate within the context of a historic

district addresses the environmental and liability issues addresses multiple community needs provides fair value for current owner

OVERVIEW Keystone location Challenging site Advantages to municipal participation Can address multiple town needs

CONCEPT PLAN

A town green Housing Auxiliary

parking Passive

recreation

CONCEPT PLAN B

A town green Housing Auxiliary

parking Passive

recreation

VISUALS

ENVIRONMENTALUnderstanding scopeRemediation LiabilityExploring assistance

HOUSINGBuilding a network of professional resourcesReaching out to Mass Housing and Mass DevelopmentReaching out to selected developers

FINANCIAL/ORGANIZATIONAL Accumulating cost estimates and

appraisal information leading to pro forma scenarios

Opened a line of communication to real estate agent

Exploring organizational options

SUMMARY Citizens group is preparing a conceptual

proposal for the redevelopment of the property, assessing feasibility

Doing the necessary research in a careful, thorough way

Building a network of supportive professional expertise

Aiming to bring a fully developed proposal forward as early as this fall

Seeking feedback, input, suggestions

Barbara Bing Stephen Bing Al Ferry Rob Held Scottie Held Rev. Richard F. Jones

Cia Ochsenbein Roland Ochsenbein Alice Roemer Bob Roemer Eileen Griffin Wright David Wylie