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11/25/1997 MASHPEE COMMONS ADVISORY COMMITTEE Minutes
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11/25/1997 MASHPEE COMMONS ADVISORY COMMITTEE Minutes
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Mashpee_Meeting Documents
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MASHPEE COMMONS ADVISORY COMMITTEE
Meeting Document Type
Minutes
Meeting Date
11/25/1997
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issues, low range single-family homes, unit size, and price. ) <br /> Condominium flats-Fifty to Ninety Thousand ($50-90, 000 . 00 <br /> Dollars; 'down houses-Ninety to one Hundred Thirty-Five <br /> Thousand ($90-135, 000 . 00) Dollars; Low range Single Family-One <br /> Twenty to one Fifty Thousand ($120-$150, 000 . 00) Dollars; mid- <br /> range-One Sixty to one Ninety Thousand ($160-$1901000 . 00) <br /> Dollars; and High range-Two Hundred to Two Hundred-Fifty Thousand <br /> ($200-$250, 000 . 00) Dollars . The intent being to create a lower <br /> end scenario, given the fact the Zimmerman/Volk Study appears to <br /> be on the high side. <br /> Table 11 . - smeary of Averages; Residential summary. <br /> Number of units; percent to total; average unit size; the average <br /> price/rent; and sales price per square foot on housing. <br /> Table 12 . - Build-out scenario, max at fifty 50 units in <br /> early gears. Independent absorption, apartment units to be <br /> constructed at a pace, with other units constructed at thein <br /> own suggested absorption pace of ten to low range; six mid <br /> range; and two 2 high range per year for a period of twenty <br /> (2 0) years <br /> Nor. Brais clarified the currently permitted units to b <br /> included. 10 o plus 400 proposed units) . <br /> Mr. Chace commented on the absorption rate of rental <br /> apartments - twenty four (2 4) per year. In reply, Mr. Bra i s <br /> replied these figures were the result of a strong demand for the <br /> product. Each of the unit types were placed on an individual <br /> estimated absorption pace, with the apartments capping out at <br /> fifty . <br /> The Chairman complimented Mr. Bra i s on a job well done. <br /> Both Mr. Storrs and Mr. Chace requested the option of <br /> reviewing the draft material for conunent directly with Mr. Brais <br /> prior to the next scheduled. Meeting. <br /> Mr. Brais suggested one of the first things his Consultants <br /> should do is review the scope of work to be done. Mr. Storrs <br /> agreed the process is working well whereby there is communication <br /> between Mashpee Conons/Consultants and Mr. Brais. <br /> Mr. Storrs made reference to page -3- Village-Style <br /> Development Bylaw/ordinance drafted by law and environmental <br /> planning firms hired by the Cape Cod Commission; as well as a <br /> flexible commercial bylaw drafted by the Town Planner and Mr. <br /> Storrs, which relates to dimensional criteria. He suggested <br /> beginning with a draft model from the Town/Commission from which <br /> to work as a basis. <br /> Mr. Storrs further reported fiscal impact and market studies <br /> have been started, to be followed by broad-range traffic, waste <br /> -7- <br />
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