The town received an offer recently from a developer interested in buying the Bradstreet School.
Lowell-based developer Coalition For a Better Acre, which specializes in low-income rental development, put in an offer of $300,000, the only offer the town has received so far.
The company's proposal -- which can be viewed on the town Web site or in the PDF attached to this article -- calls for tearing down the school and building a three-story building with businesses on the ground floor and apartments on the other two floors.
Selectmen will meet in executive session to discuss the proposal.
A local landmark, the Bradstreet School has been closed for several years and has cost the town tens of thousands of dollars each year just to keep it standing, completely vacant. Renovating the building would cost the town millions of dollars.
At Town Meeting last year, residents voted to approve the sale of the school.
Ken Hannan
7:18 am on Wednesday, January 30, 2013
This will be a disaster to the down town development. In recent years the Messina Plaza was done over in a great way and many other buildings have been cleaned up and polished. To make the site a low income housing development would set this back irrevocably. If any developer applied to build a project like this they would have to follow the State Mandate of Affordable housing percentages. This would mean that a higher percentage of the units would be standard price and they would have a blend of income levels and the town would be able to negotiate to administer who qualifies for the affordable units which means that Town Residents meeting the income requirements would be able to have first option. If all of the units are low income this is not an option and the developer would prefer tenants whose income is insured by government issue. I think that residents and business owners should take a stand against this type of development to guarantee continued positive growth down town.
Bob Ercolini
8:35 am on Wednesday, January 30, 2013
The site is far more important to the town than 300k. Selectmen should invite prominent private developers, who have developed elderly housing to submit proposals. It's far more important to have the right development, than the 300k. The Selectmen should put a committee together to market this property and have them get input from appropriate boards and public to really define what would serve town's best long term interests in this area. As for affordable housing, the name sounds good but North Andover has plenty of existing homes and apartments at rents and prices that are less than so called affordable housing. Since the state's definition of affordable housing just means housing built or operated through a government program, the actual rents of any so-called affordable development would be higher than existing rents in town today and while that may be the best alternative, the decision really deserves more than a Selectmen meeting in private to decide.
mpf
1:06 pm on Friday, February 1, 2013
Well said!
Michael Quinlan
9:28 am on Wednesday, January 30, 2013
Our very own modern slum. Police station is far away. Local residents easy prey. This encourages people to avoid downtown. North Andover elected officials will have converted a local community pillar into a community repellant in just a few years. It would be cheaper, and more useful, to bulldoze the building and convert land into a park for a decade or so until a real use for the land can be found.
Bill Callahan
10:03 am on Wednesday, January 30, 2013
I live downtown and frequent local businesses and would not agree that it is a slum now nor would it be if some affordable housing was added. I live close to a good deal of affordable housing and never have had any issue with the residents who live there. I have not seen reports of frequent crime in the area.
I would not agree that local officials are to blame for the state of the school. The school was functionally obsolete and converting it for alternate use was prohibitively expensive.
I hope that downtown continues to improve as it has over the past 4-5 years with the new Messina's plaza hosting several new businesses. The North Andover Merchant's Association has been instrumental in promoting and attracting new businesses.
Besides the proceeds of the sale, the increased economic activity from the housing units and retail/commercial units will improve the town's tax base.
Bryan McGonigle2
1:30 pm on Wednesday, January 30, 2013
Do we expect other offers?
This offer is contingent on state housing money and town community preservation act funds.
If I read the proposal correctly - The state money request is $5.5m. The CPA request is for $720k. So its going to cost "us" (the state and the town) over $6.2 million dollars to save $40k per year? This affordable housing doesn't sound very affordable.
I would like to sell the property to someone "free and clear". (And then we can have all the town boards beat up the developer - but that's a story for another day). How about a bank? Or a doctor's/dental building? Wait for it ... another Chinese restaurant ... or Rolf's II. I wonder what a charter school would cost.
Ken Hannan
5:45 pm on Wednesday, January 30, 2013
Let's not confuse "Affordable" Housing with "Low Income" housing. The rules and regulations are totally different. The company that submitted the proposal "Specializes in low income housing". Consider the impact differential on the Town's cost of education for a "Low Income housing development" vs an affordable "Age Restricted" development.
mpf
1:06 pm on Friday, February 1, 2013
300K!!! That's all??? Sounds like this property hasn't been marketed. I like Michael Quinlan's proposal to make a park for now. Who knows, maybe it could STAY a park or a playground.
Michael Quinlan
10:46 am on Tuesday, February 26, 2013
Hey where's the article on 'Town Rejects Offer For Bradstreet'?
Bryan McGonigle2
2:01 pm on Tuesday, February 26, 2013
I think it should go in the police log - "Bradstreet School theft thwarted by Selectmen".
Carl Reppucci
11:46 pm on Tuesday, February 26, 2013
The school department could move in - slight renovation. Then the school department can have some vocational cooking school and run a restaurant to support the meals tax. Win, win for them and students and the town.
Michael Quinlan
8:44 am on Wednesday, February 27, 2013
Carl, if it is not new the school committee wants nothing to do with it.
Carl Reppucci
11:48 pm on Tuesday, February 26, 2013
With the increase in student population maybe the town should just keep it just in case.
Michael Quinlan
2:13 pm on Wednesday, February 27, 2013
Still nothing on 'Town Rejects Offer For Bradstreet'?
Michael Quinlan
12:22 pm on Thursday, February 28, 2013
Patch Bias? Day 3 - Still nothing on 'Town Rejects Offer For Bradstreet'? How is this not news worthy?
Bryan McGonigle2
12:59 pm on Thursday, February 28, 2013
Not only that, but the "Keep me posted" button is broken.
Michael Quinlan
12:01 pm on Friday, March 1, 2013
Patch Bias? Day 4 - Still nothing on 'Town Rejects Offer For Bradstreet'? North Andover Citizen and Eagle-Tribune has both run stories on this issue. They consider it a significant issue worth covering. Why has the Patch been quiet?