- September 30, 2021
- Posted by: Stratford Team
- Category: Business
A proposed expansion of the Central Business Overlay is a logical next step toward encouraging more high-density housing to Medford’s core. Then Medford Urban Renewal Board made the right decision in seeking approval from the Planning Commission to add three properties north of Fourth Street, but the expansion shouldn’t stop there.
The three properties are a parcel owned by Budge McHugh Plumbing Supply across from its store, property owned by Pallet Wine, which has future expansion plans, and a group of properties to the north of Pallet.
The Central Business Overlay, which designates the downtown for planning purposes, allows unlimited density and does not require off-street parking. MURA’s executive director says there is high interest from developers in building new housing around downtown. Expanding potential sites for those projects would go a long way to…