New Speedwell Avenue Redevelopment Plan Adopted
As anticipated, the Morristown Council approved a new version of the Speedwell Avenue Redevelopment Plan. MorristownGreene.com reporting.
The new plan calls for a four-part phased development of the area along Speedwell Ave generally running up from the Salvation Army on Spring Street to St. Margaret’s Church of Scotland on Speedwell, and partway down Early Street.
Phase One calls for 268 apartments at the site of the Town’s public works department off Early Street. 10% of the units would be affordable housing.
Next step is a Redeveloper’s Agreement between the Town and Mill Creek Residential Trust – an entity related to the designated redeveloper, Trammel Crow. It is on the Town Council agenda for November 9, 2011.
We’ll keep you posted!
Prior blogs on topic:
