Mark Development has revised plans for its project at Riverside Station, reducing the project from 1,234,000 sq. ft. to 1,025,000 sq. ft. The new project would be 60 percent will be residential and 40 percent commercial. A letter and documents can be found here and here’s an except from the letter…
Over the past several months, Mark Development has been engaged in extended discussions with representatives of the Lower Falls Improvement Association (“LFIA”) in an effort to craft amendments which will be reasonably acceptable both to the developer and to the LFIA. The developer is submitting the revised proposed text amendments today in order to have the same considered by the Zoning and Planning Committee at its meeting this coming Monday evening. However, the LFIA has not as yet had an opportunity to consider the same fully.
The significant aspects of the revised proposed text amendments include the following:
1. A reduction in density from 1,234,000 square feet to 1,025,000 square feet of which 60% shall be residential and 40% shall be commercial.
2. The establishment of maximum heights and minimum setbacks along the Grove Street corridor.