(The next big decision for Dedham residents, what do people think?
BUMPED UP because of the front page coverage of the Globe today. - promoted by Brian)
I serve on the committee studying whether to permit annexation of the old Stop & Shop warehouse in Readville. As you will remember, a warrant article in the 2007 annual town meeting called for 52 acres of the site formerly occupied by the Stop & Shop warehouse to be annexed to the city of Boston for the purpose of developing 1800+ one, two and three bedroom residential units. The vote of town meeting was to refer this question to a committee comprised of two members of the Board of Selectmen, two members of the Planning Board, one member of the Finance Committee and two at-large members. To date, the committee has focused on the details of the financial compensation for Dedham proposed by the developers. At last night's meeting, recounted here in the Transcript, Peter Zahka (representing the developer) asked a more fundamental question: does the town support annexation of the property?
It would seem that this is a question we must answer first before determining appropriate compensation for Dedham.
The Readville site is roughly 100 acres evenly split between Boston and Dedham. Access to the site is only possible through Boston; there is no direct street access from Dedham. The site contains three large buildings and currently has two small tenants. In 2007, the site generated roughly $187,000 in tax revenue for Dedham.
The developer (Campanelli) has owned the site since 2004 and states that they have actively sought a tenant or tenants but have thus far been largely unsuccessful. Access to the site for trucks has been a long-standing problem and that has made marketing the site more difficult.
They contend that the site is perfect for residential uses (it is close to mass transit and overlooks Fowl Meadow and the Blue Hills) and is largely obsolete as an industrial parcel. They have created a website here outlining their proposal.
Speaking for myself, I'm still not clear on whether annexation makes sense for Dedham. I would love to hear other opinions.