A developer is proposing to build about 70 townhouse apartments in multiple multifamily buildings along Route 83 in Vernon that would be known as The Village at Naek Road.
Applicant Rashid Hamid has submitted a site plan and special permit applications to the Planning and Zoning Commission for consideration to build at 291 and 293 Talcottville Road, also known as Route 83, between the Trail Run Apartments and Juliano’s Pools.
The commission will vote following a series of public hearings, with the first scheduled for Thursday at 7:30 p.m., via virtual teleconference.
Economic Development Co-ordinator Shaun Gately said the estimated assessed value of the project, if approved and completed, was projected at $7,654,936.
It’s expected about 109 residents would live in the complex, which would account for an estimated motor vehicle assessment $1,136,216, for a total of $8,791,152 of taxable property for the town.
At the town’s current mill rate of 39.63, this would create at least an estimated $348,393 in additional taxes for the town, annually.
“These numbers are broad assumptions” however, Gately said, adding that the vacant 21.6 acres are now assessed at $14,761.
According to the application, the proposed development would include 70 townhouse-style, attached multifamily apartment units, including attached garages and small outside patio areas. The exact location for the project is at 291 and 293 Talcottville Road, and at 27, 32, 37, 38, and 46 Naek Road.
Some concerns that town staff reviewed with Hamid include the Hockanum River Linear Park Trail construction project, construction phasing, easement language, and maintenance details for extension of the greenway; making sure that there is a second point of entry for an emergency access drive; and ensuring that the development is both code compliant and allows for safe turning, especially for public vehicles and trucks. Hamid is making some revisions that are currently under review by staff, officials said.
