A compromise has been reached on the Derry condo-commercial project by the O'Brien Group, the project developer; and Menlo Park Tomorrow, the residents group who led a referendum against the original project.
The new project reduces the number of condos from 135 (or 50 condos per acre) to 108 (or 40 condos per acre); the height is reduced from 50 feet to 40 feet; the number of below-market-rate homes in the project is reduced from 22 to 16; and the amount of commercial space is increased from 22,525 square feet to 24,925 square feet.
The new project also includes plans for a 3,500-square-foot plaza, and an extra $2 million payment to the city.
What do you think? Is the new project too similar to the old project? Too different? Should Menlo Park residents get a vote on the original project (what was pushed during the referendum campaign)?
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