Valley Breeze

The Valley Breeze & Observer 11-19-2020

The Valley Breeze Newspapers serving the Northern Rhode Island towns of Cumberland, Lincoln, Woonsocket, Smithfield, North Smithfield, Pawtucket, North Providence, Scituate, Foster, and Glocester

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Page 7 of 94

8 SMITHFIELD NOVEMBER 19-25, 2020 | VALLEY BREEZE & OBSERVER | SMITHFIELD SCITUATE FOSTER GLOCESTER EDITION Serviced by sewer and water, a sin- gle-family home sits on the property and it will be razed to make room for Georgiaville Place. Abutters said the plot measuring 0.79 acres is not large enough for the development, and would impede on privacy to either side. Katie Thompson, of the Farnum Court Condos, said the three-story buildings will allow Georgiaville Place residents to see directly into the win- dows and yards of the shorter condo buildings next door. She asked for "significant landscaping" to be done to create "substantial privacy." Patricia Perrino, also of 93 Farnum Pike, said she is already able to hear people and dogs barking at the Waterfront Townhouses. "There's no privacy now without those condos being built," Perrino said. Tania Medeiros, of the Waterfront Townhouses, said the properties are already close together and another development will overcrowd the area. Developers are pushing the plan through under the low-to-moderate- income housing mandate, which allows for high-density development on the residential plot in exchange for LMI housing units. According to professional engineer Joe Casali, Georgiaville Place will utilize 50 percent density on the lot for a maximum number of nine units, allowable under the town's LMI hous- ing ordinance. Of the nine units, five LMI units will be dispersed throughout the development, said attorney Nicholas Goodier, representing developer Homes R Us. Goodier said the additional five units will help Smithfield move toward the 10 percent LMI threshold mandated by the state. Town Planner Michael Phillips said the town is at 5 percent LMI, or around 450 units of the 7,900 houses in Smithfield. Phillips also pointed to the higher prices on the LMI units, which are priced at 120 percent of the median income in Smithfield. The state's funding formula for LMI housing is based on mortgage interest rates, which are low now and caused prices to increase. "My concern is that the more the LMI go up, the closer they are to market-rate units," Phillips said. Goodier said unit pricing is not in the purview of the board, and the development received a letter of eligi- bility putting rates on LMI units at no more than $342,850 and $272,000 on the low end. Goodier said comparable market- rate two-bedroom units are priced at $375,000 to $399,000. At that price tag, Goodier reminded abutters that LMI housing is not Section 8 or subsidized housing. Rather, he said, it is designed for "young professionals who grew up in Smithfield" but have been priced out of landing new houses in subdivi- sions. "People sometimes think when they hear LMI it's something that's going to detract from the neighborhood," Goodier said. Rather, he said, the higher-priced units will help increase the value of nearby houses and condos. Board member Michael Moan agreed with concerns from abutter Lisa Berard of 97 Farnum Pike about the parking situation at Georgiaville Place, which has two stacked spots in the garage and an additional spot in the driveway. Berard said the development may cause overflow parking into nearby visitor lots, while Moan said the configuration may cause "difficult jug- gling" between spaces. Developer Scott Ringland said he is willing and able to work with abut- ters' concerns, saying anyone can contact him with questions and com- ments at 401-265-9797. GEORGIAVILLE From Page One At left, an aerial view of the proposed GEORGIAVILLE PLACE devel- opment tucked between two similar condominium complexes features nine two-bedroom units. The construction will raze the single-family home on the almost 1-acre property. Renderings for the GEORGIAVILLE PLACE condominiums show a three-story building with a built-in garage on the first floor fitting two cars inside and a third in the driveway. SERVING SMITHFIELD, GLOCESTER & SURROUNDING TOWNS 2-8 yards for Commercial Service • Dumpsters, 4-30 yds. Recycling Available • Bulk Pick Up • Curbside Trash Removal Family Owned Since 1955 508-883-2980 Mention this ad and receive $ 15 OFF Roll Off Customers Only. Not valid with other offers. Expires 11/30/2020. RESIDENTIAL COMMERCIAL

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