Royal Crest - Project Details

In an effort to prepare residents for Annual Town Meeting 2022, the Town has recorded a presentation that covers all aspects of the proposed rezoning and redevelopment of the Royal Crest property, which can be viewed by clicking the image below. Click here to view a PDF of the slides that were presented.

*** CLICK HERE FOR A COMPILATION OF ALL RECORDS SUBMITTED TO THE PLANNING BOARD FOR THIS PROJECT, INCLUDING RESIDENT / ABUTTER COMMENTS. ***

Program Summary

In January of 2022, Trinity Financial for the third time revised its proposed program for the Royal Crest site. The below program summary outlines the final proposed program compared against the program proposed in August of 2021. These tables provide details about uses, number of units, square footages, bedrooms, parking spaces, parking ratio, floor area ratio (FAR), project phasing, and additional metrics.

Buffering & Building Heights

Plan Showing Proposed Buffer Distances Between Proposed Buildings and Adjacent Properties:

Density

The project proponents prepared the below density analysis that shows the proposed redevelopment of Royal Crest having 17 units per acre. In contrast, the Avalon project on High Street has 18 units per acre, the Minco project on Sutton Street has 42 units per acre, and the Princeton Properties residential project on Osgood Street has 21 units per acre.

Fiscal Impact and School Capacity Study

Although the Royal Crest property is the Town's largest taxpayer, it currently costs the Town a net loss of between -$469,222 to -$1,586,758, due to the cost to provide services, such as police and fire calls, costs to serve students enrolled in public schools, etc. The project as currently proposed would have a projected net positive fiscal impact to the Town of between $2,121,668 to $4,370,750.

Landscaping, Open Space / Recreation

Project Phasing and Resident Relocation

Assuming a proposed master plan zoning overlay that can accomodate the type of project being proposed at the Royal Crest site is approved at Annual Town Meeting in May of 2022, construction is estimated to begin in 2023. The project would be broken out into six (6) phases with various parts of the development program built out in each phase:

Memorandum regarding phasing and resident relocation - May 6, 2022

Scale

The project proponents prepared a density analysis that shows the proposed redevelopment of Royal Crest having 17 units per acre. In contrast, the Avalon project on High Street has 18 units per acre, the Minco project on Sutton Street has 42 units per acre, and the Princeton Properties residential project on Osgood Street has 21 units per acre.

Presentation shown to the Planning Board on October 20, 2020, comparing scale of the project to other projects in the region - NOTE: The project has been scaled back in size since this information was presented.

Utilities, Stormwater, and Sustainability

Traffic and Parking

Below are links to studies and reports prepared by the Town's peer review consultants, and related correspondence - all related to projected traffic impacts - which have been reviewed by the Planning Board: