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HomeMy WebLinkAbout2014-10-15-EDAC-min Town of Lexington Economic Development Advisory Committee Minutes of Meeting of October 15, 2014 A meeting of the EDAC was held on Wednesday, October 15th at 8 30 a.m. in the Parker Room in the Town Offices Building at 1625 Massachusetts Avenue. Members Present: John McWeeney,David Pronchick, Rick DeAngelis,Narain Bhatia,Larry Smith, Sig Tullman, Kevin McGuire Liaisons Charles Hornig(Planning Board),Joe Pato (Board of Selectmen), Peter Kelley Staff Carl Valente (Town Manager), Melisa Tintocalis, Melissa Jones Members Absent:Tom Dusel, Bob Richards, George Burnell Others Present: Bob Buckley Action Items • Complete Peer Tax Review and bring write-up to November meeting(Melisa and Melissa) • Presentation from Planning Department on Commercial zone The meeting was called to order at 8 35 a.m. and acted on the following items Approved minutes from September 17,2014 Discussion with Bob Buckley. Bob Buckley was present to discuss the Middlesex 3 Coalition. Middlesex 3 is a public private partnership encouraged by Secretary Bilecki's office. This is an effort to address economic development on a more regional,macro level. The group focuses on three major issues transportation,workforce training and housing. Bob noted that the group works with UMass Lowell on the workforce development element He said that real estate is no longer a given with a captive market, students who can't live here after school will leave. Housing trends in Boston are informative for being ahead of the game,and being innovative with zoning. He said that new zoning has to be creative and responsive, and also offer some degree of certainty Bob pointed to Marlborough's project with Zink as an example. Marlborough did an overlay zone- 350 residential,office-and make it work with the community's identity The Committee discussed the notion that transportation is critical. Features such as a dedicated bus lane along Routes 3 &128,additional commuter shuttles, and increased bike access were discussed. Bob said that Lexington understands the bio tech business,which is demonstrated by how comprehensive our regulations are. He said that that is a positive for us, as we can relate to developers. The Committee talked about we can encourage mixed use and be more responsive to developers along Hartwell Avenue. Charles said that the Town needs a developer to come in and demonstrate that that a 1 0 FAR can be done. Melisa said that we need to create a vision for what we want that district to look like. Bob said that the Town needs to have these conversations publicly so that both residents and developers know what we are talking about. Update on Hartwell Activities tabled Discuss EDAC's role in the Economic Development Element:tabled Update on Status of Peer Tax Review. Larry gave a brief update on the meeting that he had with Melisa and Melissa regarding this study He said that it is important to look at the assessments per square foot when comparing buildings across communities. Melisa and Melissa will have more information to share at the next meeting. Larry noted that it would be worthwhile to look at how water and sewer rates compare across communities as well.