Two visions for a new, affordable apartment complex near the YMCA and ice arena in Oak Bluffs on a wooded parcel of town-owned land known as the Southern Tier, had their first airings Friday before more than 80 people at a special meeting of the town select board.
A long-anticipated plan for affordable housing near the YMCA in Oak Bluffs is taking another step forward, with the top two developers bidding for the project’s initial phase.
The Oak Bluffs selectmen voted this week to complete a complicated, long-delayed land swap between the town and the Martha’s Vineyard Land Bank involving parcels in the Southern Woodlands.
The Oak Bluffs planning board approved an amended special permit to allow development of the subdivision to move forward, with conditions including a $700,000 affordable housing donation.
A 51-acre subdivision in Oak Bluffs will not require formal review by the Martha’s Vineyard Commission, but conditions, including to protect the Lagoon Pond, are being worked out.
A hefty contribution to affordable housing and strict limits on nitrogen are the two main elements of a deal struck late last week between the Oak Bluffs planning board and the buyers and sellers of a failed subdivision in the Southern Woodlands.
The Oak Bluffs affordable housing trust has recommended that the planning board require a contribution of $880,000 from the principals involved in the sale of the failed housing development. A public hearing is set for tonight at 7 p.m.
The Oak Bluffs planning board opened discussion this week with the sellers of the former Kupersmith property in the Southern Woodlands. At issue is whether a special permit for an 11-year-old unbuilt subdivision is still valid.
A partnership led by a South Boston bar owner and condominium developer will pay $5.15 million for 51 acres in Oak Bluffs once planned as a luxury home development. Paul Adamson, a real estate developer who also owns Shenannigans, a South Boston pub, was the high bidder at a foreclosure auction June 26, held on the property off County Road formerly owned by Corey Kupersmith.
A partnership led by a South Boston businessman will pay $5.15 million for 51 acres in Oak Bluffs once planned as a luxury home development. Paul Adamson, a real estate developer, was high bidder at a foreclosure auction Friday.
