continued Koetzle said the number of apartment units already in the town is what spurred discussions on limiting future multi-family developments. He said the town currently has about 1,150 apartment units and another 400 units are in the pipeline. These figures don’t include anything within Scotia.
“The Town Board clearly has some concern about over building,” Koetzle said. “Having roughly 1,500 apartments in this town is a lot.”
The home market is also growing in strength, portending a move away from rentals, so so the town doesn’t want too many apartments built and units left vacant. Koetzle said the history of the town has been single-family based and it is important to protect neighborhoods and the value of existing homes.
“We saw what happened in the south, particularly in Florida, where overbuilding the condos created that housing crisis and we don’t want to see that same thing happen here,” he said.
Environmental Conservation Commission Chairman Michael Wright suggested the language on requiring developers to build commercial facilities alongside residential units should be tightened up to more clearly define expectations.
Wright said the town was seeking to have half of the commercial use be built at the same time as residential development, but what “half” meant wasn’t clear. He said it should be defined to the acreage, footage or cost.
“Just to make it clear to the developer that if we approve this mixed-use that this is what we expect from you,” Wright said.
The zoning changes would need to be approved by the Planning and Zoning Commission and Zoning Board of Appeals before the Town Board could vote on any amendments to the town code. The Town Board would also be required to hold a public hearing before approving the proposal.