Please do not leave this page until complete. This can take a few moments.
A developer has proposed a 200-unit 40B housing project at the site of a former Whole Foods Market grocery store in Wayland.
Wayland’s Select Board heard the proposal Monday night from Mill Creek Residential, a Florida-based multi-family developer with offices in Boston. Mill Creek is the third largest developer in the country with operations in 16 markets across the nation, with Massachusetts developments in Framingham, Hopkinton, and Natick.
Senior Managing Director Doug Arsham spoke about the 200-unit proposal, which would be a Local Initiative Project, meaning the developer would work with the municipality to gain project eligibility from the Massachusetts Department of Housing and Community Development, rather than working solely with the state. As a LIP, at least 25% of the project must be affordable.
While Arsham said the team has not yet decided on the number of bedrooms for each unit, at least 10% of the units will be three-bedroom, as is required by 40B regulations. The project would include a row of townhouses and a flat building with apartments.
Mill Creek would construct a small road connecting the two roads on either side of the site. The development is proposed for a 3.5-acre lot between Boston Post Road and Pelham Island Road in Wayland. There is a shipping business and a dry cleaner located on the proposed development site. A Whole Foods supermarket previously operated on part of the site at 297 Boston Post Road, but that space is now covered in black top and empty.
The Fresh Market, a North Carolina-based supermarket chain, has a long-term lease at the site and is continuing to pay without using the site, Arsham said in his presentation Monday night.
“That’s why we think this is one of the opportune sites for housing: that it’s a failed retail site,” he said.
Another housing project is underway less than a mile down Boston Post Road, which will include 218 units. In 2020, Wayland received a $2.2-million infrastructure grant from the state for improvements along the road to make way for the housing project.
Select Board Chair Member Cherry Karlson said Wayland is nearing its goal to have 10% of its housing be affordable, thanks to three projects approved over the last couple of years.
The board decided to consider the project and revisit it at a later date.
“Our board might want to digest it for a bit and then bring it up at another meeting soon so that we have a more full discussion on the idea,” said Board Chair Tom Fay.
CORRECTION: A previous version of this story stated that Whole Foods has a lease for the property at 297 Boston Post Road. While there was previously a Whole Foods at the site, the lease is actually held by The Fresh Market grocery store chain.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments