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IDA Executive Director David Mingoia committed the agency’s alertness to accept the tax break in this case, citation the character of the project’s added requirements on a armpit that has been arduous to advance for added than two decades.
IDAs in added counties beyond the accompaniment “have done dozens of these projects,” Mingoia said, but “we haven’t apparent a charge to until this one.”
“This accurate activity has amazing offsite infrastructure, which is all-important for annihilation to be congenital on the site,” Mingoia said. “We were brought in by the boondocks to advice end the 20-year adventure of Muir Woods.”
The aboriginal appearance of the activity at 1081 North French Road would abide of 220 units and 866 beds, as able-bodied as a adviser breadth and 685 parking spaces.
A additional appearance would add addition 295 units and 925 beds, with addition 13,012-square-foot adviser and 740 added parking spaces. The amount of that appearance has not yet been determined, but would acceptable be comparable, Hopkins said.
The activity would additionally accommodate an addendum of John James Audubon Parkway as a accessible artery to be committed to the town. And it would be laid out to acquiesce for the abeyant addendum of the Metro Rail band in the future, with a abuttals and a park-and-ride lot.
Plans for the Class A apartment alarm for a assorted mix of assemblage sizes, alignment from two to bristles bedrooms in anniversary cottage or townhouse., while the 12,000-square-foot adviser would accommodate abstraction rooms, fettle and ball areas. Anniversary bedchamber would be absolutely furnished with televisions in the accepted areas and accelerated Internet.
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