PUBLIC PRESENTATION - Sherborn Square

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PUBLIC PRESENTATION - Sherborn Square
P U B L I C P R E S E N TAT I O N

                TOPICS FOR DISCUSSION

                • SHE R B O R N SQ UARE DEV ELOPMENT PLA N

                • INFR AST R UC T URE / F INA NCING

                • B E NE FITS AND CONCERNS

                • NE XT ST E PS

Sherborn Square                                              January 17, 2019
PUBLIC PRESENTATION - Sherborn Square
SHERBORN SQUARE OVERALL PLAN
PUBLIC PRESENTATION - Sherborn Square
MEMORY CARE                              ASSISTED LIVING

                                                                                                      HUNTING LA NE
                                            MARKET
POWDERH O U SE L ANE

                                                         NO RTH M A I N STR E E T

                       SHERBORN SQUARE NORTH MAIN STREET PLAN
PUBLIC PRESENTATION - Sherborn Square
SHERBORN SQUARE PLAN
PUBLIC PRESENTATION - Sherborn Square
SHERBORN SQUARE PLAN
PUBLIC PRESENTATION - Sherborn Square
Proposed Development

• 6,500 Sf existing historic house converted into restaurant/cafe

• 9,000 sf addition to historic house for proposed food market

• Assisted Living Facility /Memory Care (90-120 Assisted Living/40-60 Memory Care)

• 14 one-acre single family homes (includes 2 existing single family homes)
PUBLIC PRESENTATION - Sherborn Square
Partnership to Bring Municipal Water and Sewer to Town Center

1. Developer builds town center municipal water & sewer ($2.8M total costs)

2. Developer finances costs through sale of land to Assisted Living Facility

3. Developer transfers ownership of municipal water & sewer to Town of Sherborn.

4. Developer receives costs back over 10 years through a TIF (tax increment financing)
PUBLIC PRESENTATION - Sherborn Square
Infrastructure Costs

1. Construction for a 40,000 gallon Municipal sewer system=$1.8M

2. Construction for a 50,000 gallon Municipal well system=$1M

• Well=$150,000
• DEP Permitting Costs=$100,000
• Water Treatment=$300,000
• Water Tank=$200,000
• 1 Mile of 6” Pipe=$250,000

*Expandable to 120,000 gallons
*Proposal assumes assistance using towns resources
PUBLIC PRESENTATION - Sherborn Square
Approval Process for Development

    Town Meeting Vote in May 2019

    • TIF  (Tax Increment Financing) on Assisted Living over 10 Years

    • Zoning change from 2 acre to 1 acre on Hunting Lane Property

    • Zoning change from 2,500 sf commercial to 9,000 sf commercial

    PUD (Planned Unit Development)
   • Planning Board Approval for PUD on 6 Acre North Main Street parcel.
Benefits to the Town of Sherborn

• Local Food Market that incorporates Historic House and celebrates Historic Preservation

• Town receives Municipal Water & Sewer for Town Center District

• Provide healthier drinking water to Town Center due to current septic setbacks

• Commercial Tax Base that increases over time to full value after 10 years

• Create opportunity for business district to evolve into a more vibrant downtown
Concerns to the Town of Sherborn

• How does development effect affordable housing goals?

• Does this development change the character of existing Town Center?

• How does the Town make sure all of the financial and engineering figures being

 presented are accurate and not biased?
Affordable Housing

• An affordable housing contribution either through an in lieu payment to the

 Sherborn Housing Trust or designating a required number of assisted living

 units as affordable.

• An agreement between the Town of Sherborn, Assisted Living Operator and

 Developer needs to be met before approval of Special Permit.
Wa
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Impact to Existing
            Str
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                   Town
                     ton
                        Center Character
                           et
        Library

• Historic House to be preserved
                           t
                                 and converted back into its original use as a tavern.
                                   i n S t ree
                                Ma
                       South
• An appropriate and sensitive addition to the home to be approved by the Sherborn

 Historical Commission

• New Assisted Living and South
                          Memory  Care will not exceed 3 Floors and any existing
                                Main

 building currently in the Town Center

• Single Family Homes on Hunting Lane consistent with current zoning
2 acre
               1 acre

HUNTING LANE PROPOSED ZONING
Sherborn Square

   Assurances
   Town Hall
             Wa
                sh and Oversight
                  ing
                                                                             North Main Street
                       ton
                             Str                              Fire Station
                                ee
                                  t
             Library

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  •Police
     Developer    will have to show through a Fiscal Impact Analysis that all financial figures

                                                                                                           io
                                                                                                             tS
          Station

                                                                                                               tre
                                                                                                                  et
    presented are accurate.
                       th Ma
                             i n This
                                 S t reet report will be peer reviewed by towns consultant.
                                                                              Ball fields
                         Sou

  • Developer will have to show through a traffic impact analysis that proposed uses

    will not adversely impact current traffic. This report will be peer reviewed by towns
                                        South Main
    consultant.
•Businesses                                                                    Pine Hill School

•Municipal     Buildings
  • All infrastructure for both development and municipal water and sewer will be
•Churches
    reviewed and approved by towns consultant.
•Town Center Residences
                                                                                                 North Main
                                      SOUTH AND NORTH MAIN STREET
Sherborn Resident Survey 2014

• Background
• Demographics of Survey Respondents
• Results
     Satisfaction with Town Characteristics
     Ratings of Town Initiatives
     Preference for Future Policies                   Question 17: What future town services and
     What is Most Important?
• Appendix                                                      facilities do you favor?
     Methodology
     1998 Questionnaire
     2014 Questionnaire
                                                   • There is two-to-one support for public water supply,
                                                                    2

                                                     sewers and wastewater treatment to enable
                                                     development of the town center.
                                                   • There is strong opposition to both trash/recycling
                                                     pickup and to “pay as you throw” based on the
                                                     questions as written.
                                                   • Support for a senior center and a general recreation
                                                     center, although still positive, is less now than in 1998.

                                              Question 17: What future town services and facilities do you favor?   27
Future Policies 2014
  •    There is strong support for a small grocery store but not for a supermarket.
  •    Expanding the business district and selling/leasing town open space have both proponents and opponents.
  •    For many of the Economic Development proposals, residents ask for more information.

                                                       Economic Development Policies
        Encourage core business services and retailing, such as a small
                                                                                                          78%                                12%         9% 2%
                               grocery store

                                Preserve and assist agricultural activities                              73%                           9%          13%     4%

              Encourage specialty business services in the Town Center                                  72%                            10%         17%     1%

            Use some public land for agriculture and forestry to generate
                                                                                                    68%                              11%         20%       1%
                       products and income for town use

                                     Encourage home based businesses                               62%                          9%         23%            7%

       Permit businesses to share septic or small “package” wastewater
                                                                                                  58%                        12%             28%           2%
                              treatment facilities

                                             Expand the business district                   45%                           30%                 23%          2%

                    Sell or lease town open space to generate revenues                 35%                          37%                      27%           2%

              Encourage core business services and retailing, such as a
                                                                                      32%                              53%                          14%    1%
                                   supermarket

                                    Keep business development minimal                 31%                             50%                          18%     2%

                                         Favor        Don't Favor             Need More Information             No Opinion
Question 19: What economic development policies do you favor for the town?                                                                                31
Survey Findings

• There is a strong support for a small grocery store. 88% of those surveyed favor.

• There is two-to-one support for a public water supply, sewers and wastewater to enable

 development of the town center.
Town Financial Obligations

• The Town will not pay for the proposed municipal water and sewer; the costs will be

 offset by the taxes generated from the assisted living facility.

• If the town were to design and build municipal water and sewer without developer the

 costs would be approximately 20% higher due to procurement laws.
Next Steps

• Ask the Board of Selectmen to call a Special Town Meeting for a vote on 3 proposed

 warrant articles.

• Developer to initiate an informational outreach effort to inform the community about

 the development and infrastructure proposal

• Developer and Town to work together in providing engineering, costs and financial

 arrangements of municipal water and sewer
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