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The Select Board voted 5-0 to endorse a proposed 150-unit active adult housing development at 850 Park Street. The privately financed project would offer one- and two-bedroom units for residents over 55, with projected rents of $2,200 to $2,800 per month.
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The endorsement supports advancing the proposed four-story Arbella development, but the project still requires further review and town meeting consideration. The developer said no public funds would be requested and the development would not add students to the school system. The Board also approved a town official to certify environmental compliance for a potential $1 million community center grant and approved several licensing and event-related requests.
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