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periphery of the Hanscom base, but those looking for space are surprised at the per square foot price which can be upwards of $34.00. Mr. Pronchick also reported that he attended a Department of Defense symposium in Washington, D.C.. He provided Melisa Tintocalis with some reference materials. Mr. Pronchick advised that it would be wise for towns that border bases to track BRAC discussions and be involved in the discussions. King Street – New Building Proposal for 45-55-65 Hayden Avenue Campus Rob Albro, a managing director at King Street Properties, introduced himself and presented the company’s proposed project at 45-65 Hayden. The project proposal is the development of a new 200,000 square foot lab-capable building and an accompanying seven story parking garage; the project would require an amendment the zoning at 45-65 Hayden by Town Meeting which they are expected to attend in October. Mr. Albro reported that the parking ratio use for the project was approximately 2.5 spaces per 1,000 square feet. Narain Bhatia inquired how much the parking structure cost per space, however, Mr. Albro did not have that information at the time. The committee members discussed the general market conditions that would make the project viable including Lexington’s location to draw in further out suburban tenants and those needing more space as they grow out of Cambridge or Dry Dock. A motion was made by Larry Smith to support and recommend the project to the Board of Selectmen and it passed unanimously th Joint Board of Selectmen and Planning Board Meetings on August 28 Melisa Tintocalis reported that there a joint Board of Selectmen and Planning Board th meeting scheduled on August 28 to review an overlay zoning concept at Hartwell and Bedford, and possibly Forbes Road. The committee reviewed the maps of the area and discussed opportunities for development. The general consensus was that Forbes may have significant build-out capacity. Larry Smith offered to reach out to BAE systems to inquire about their plans for the future. Adjournment: The meeting adjourned at 9:45 a.m. Next Meeting: September 19, 2017 Approved on: