01/27/2020 BOARD OF SELECTMEN Agenda Packet

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1 *iown oj as hpee --eat deck Aoad XQi-th •P� -A/Tashpee, Nasachitsetts 02649 Telephone (508) 539-- 400 MEMORANDUM To: Board of Selectmen Town Manager Rodney Collins From: Evan-Lehrer,Town Planner Date: January 21, 2020 Re: 108 Commercial Street Description and Background: 108 Commercial Street is a 6.19 acre town-owned parcel of land directly across from the Community Health Center of Cape Cod. This parcel of land was identified as suitable for a mixed-use affordable housing project in the Board of Selectmen's Regulatory Board roundtable discussions in early 2019. There has been previous interest in developing a hotel on this parcel.This parcel's size and proximity to a primary arterial,ma'ke it attractive for this use and the Planning Department has again begun.to receive inquiries showing interest in hotel development in Mashpee. This property is located in a Zone II Groundwater Recharge area but outside of a Groundwater Protection District. This is important to note because whatever use or uses are identified as being advantageous on this site will require an advanced wastewater treatment system to be feasible (assuming those uses include a residential component). From.a land,use perspective,there are a few ways•to proceed: 1. A mixed-use project with a hospitality and-rental housing component. 2. Subdivide the property and seek hotel on one parcel and reserve the other for residential. 3. Pursue only hospitality or only rental housing with no subdivision. It is attractive from an economic feasibility standpoint to pursue a mixed-use project because the year- round rentals in residential units helps to cross-subsidize the hotel keys which will inevitably experience vacancies throughout the winter months. There are few properties that are town-owned that are ideal for a more intensive hospitality use. There are others however,that are suitable for higher density affordable rental housing. Recommendation: The Board of Selectmen authorize the Town Manager to form a working group to assess the options for this property and to bring a recommendation to a Board of Selectmen meeting in the near future. Pros and Cons: The long vacant property could be used for one or more of the options above,otherwise it would continue to not be useful to the Town and its residents.