>>Valley Patriot>>

Mixed Zoning Plan a Win for N. Andover
John Lenotte
07/05/06

Orit Goldstein, president of Ozzy Properties, has big plans and big ideas for the property that she purchased at Lucent Technologies. 

Two years ago, Goldstein purchased the Lucent Plant and has been working with state and local officials, and the community, to develop the property at 1600 Osgood Street by building an all-inclusive community. The “Smart Growth” community, which Goldstein is promoting, includes residential, retail and industrial - all in one. 

When The Valley Patriot sat down with Goldstein, she was very excited and enthusiastic about the project.  She is looking to receive millions of dollars from the state by creating a new zone called 40R.

Under the town charter, she will have to get approval at town meeting for the zoning change. The zoning change article was originally on the warrant at the December 5th special town meeting last year, but because of delays in obtaining traffic studies, the warrant article was removed by the selectmen, with the approval of Goldstein.

The article is now on the warrant for the July 10, 2006 special town meeting.  The article was proposed by Selectman Mark Caggiano with a vote of 3-2 by selectmen to place the zoning change article on the warrant, with Lanen and Smedile voting no.  

The purpose of the Chapter 40R legislation is to “encourage smart growth and increased housing production in Massachusetts.

Smart Growth is a principle of land development that emphasizes mixing land uses; increases the availability of affordable housing by creating a range of housing opportunities in neighborhoods; takes advantage of compact design; fosters distinctive and attractive communities; preserves open space, farmland, natural beauty and critical environmental areas; strengthens existing communities; provides a variety of transportation choices; makes development decisions predictable, fair and cost effective; and encourages community and stakeholder collaboration in development decisions.”   

Goldstein has handouts, which further explain 40R and the benefits to North Andover, including much needed tax revenue.

At the 2005 annual town meeting, North Andover voters approved a TIF (tax increment financing plan) for the property to help promote and generate business. “The TIF only applies to the manufacturing portion of the site, “says Goldstein, in reference to some confusion that it may apply to the residential part of the project.  The 40R portion of the property is the area on the right, as viewed from Rte. 125, which is to be both residential and retail. 

The property includes a 300-seat auditorium, which is a free benefit to business at the property.    Right now, the plant is operating at 30% occupancy, 25% to Lucent and 5% to other tenants, including NECCO’s corporate training. North Andover’s Community Development offices have also recently moved in.

“North Andover has been very good in providing extra support when showing potential tenants,” says Goldstein. 

Goldstein is a big supporter of Smart Growth, which is her plan for the site. She says the plan will generate much needed tax revenue for the town.

A fiscal impact study was done and is being peer-reviewed by North Andover.  She believes that the study shows a net positive fiscal impact of $300,000 after factoring in all services, including schools, DPW, police, etc.  The study also predicts about 84 new students from the plans of 3 and 4 bedroom condos.
Under the 40R proposal, North Andover reaches the 10% affordable housing requirement under Chapter 40B.  Without the 40R plan, 307 units of affordable housing would still be required for North Andover to achieve the 10%. 

Under Goldstein’s plan, there will be 225 rental units and 425 condos, with 25%, or about 85 units, being affordable housing. The 40R plan allows for all of the 225 rentals to count toward the 40B. Added to the 85 affordable housing units and the total is 310, over the 307 to achieve the 10%.

Some benefits to 40R include residential units being taxed and assessed at 100% valuation, and economic development along Route 125. The biggest incentive though, is the $2.55 million from the state as an incentive for creating 40R zoning and housing.  This will generate $1000 per unit or $600,000 upon approval of the overlay zone, and then $3000 per unit upon issuance of building permits.

North Andover is one of the first communities in Massachusetts in line for funding.  However, the project first needs the approval at town meeting.  Goldstein hopes that residents will approve the article at the July 10th special town meeting.      

Basically, if the zoning isn’t approved, North Andover remains approximately at 5.9% of affordable housing and subject to 40B regulations where developers, inclu-ding Goldstein, can usurp local zoning regu-lations for low-income and affordable hous-ing. Goldstein has recently applied for 40B.       

Goldstein was also optimistic about hav-ing a train station at the site, as well, but that has been temporarily put on hold.  A study being done by the state has recently been halted because the study was to in-clude North Andover as a train layover and idling stop. North Andover and Goldstein do not want an idling stop in town.

For more information or to contact Orit Goldstein, please call 978 475-4569.


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The June, 2006 Edition of the Valley Patriot
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