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Conn. firm walks on Newmarket mill deal.

While College Street Management of Hartford, Conn., is backing off from a proposed mill redevelopment in downtown Newmarket, the Newmarket Community Development Corp. says it will continue moving forward with plans for the site.

NCDC President Arlon Chaffee told Foster's Daily Democrat the developer "didn't slam the door" and the group will request a rehearing from the Zoning Board of Adjustment on the request for an area variance.

Earlier this month, the ZBA voted 4-1 to deny the application for a variance, which would allow for higher density residential than allowed under the current zoning.

The NCDC requested the variance after the developer submitted a proposal which included up to 151 residential units for the mills, located along the northern end of Main Street and along the western bank of the Lamprey River.

Current zoning in the M-1 district only allows for 20 units per acre. The acreage of the mill site is less than three acres.

Many board members had concerns about traffic and safety issues they feel the higher density will create in the downtown area, something Chaffee said will be an issue no matter what goes into the mills.
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Title Annotation:REAL ESTATE & CONSTRUCTION; Newmarket Community Development Corp
Publication:New Hampshire Business Review
Article Type:Brief article
Geographic Code:1U1NH
Date:Feb 29, 2008
Words:192
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