By Christopher Roberson
The Board of Selectmen recently listened to the proposal for a two-story, 154-unit active-adult housing complex on the eastern side of the Sagamore Spring Golf Club. During the Jan. 29 meeting, Attorney Theodore Regnante, counsel for developer Ronald Bonvie, said that in addition to gaining approval from the necessary boards and commissions, three articles will need to pass at Town Meeting before the project can move forward. The primary article will request a zoning change from residential to elderly housing.
Should the project come to fruition, Regnante said, each unit would be between 2,400 and 3,000 square feet and would sell in the range of $700,000 to $900,000. “The units will be in keeping with the character of the neighborhood,” he said. In addition, the complex, which is known as the Fairways Edge at Sagamore Spring, is expected to produce $1.6 million-plus in new growth revenue.
Peter Ogren, president of Hayes Engineering, said that in addition to being a gated 55-plus community, the complex will offer amenities such as a fitness center, lounge, game room, a swimming pool and a pickleball court. Ogren also said a maintenance and golf cart tunnel would be constructed under that part of Main Street.
Richard Tisei, co-owner of Northrup Associates Realtors, said the 55-plus age bracket is the fastest growing demographic in the country right now. “There is a demand for this type of housing,” he said. “This community will provide much-needed residences for adults 55 and over who want to remain in Lynnfield as they become empty nesters.”
Board of Selectmen Chairman Christopher Barrett asked about alternatives in the event the project is not approved. Regnante said the option at that point would be to construct “50-80” single-family homes, which would eradicate the need for a zoning change. The selectmen agreed that the current plan is more attractive.
Selectman Philip Crawford asked what the plans are for water and sewer service. Ogren said there would be a sewer treatment facility on-site, but plans are still in the works for water service.
Bonvie, considered one of the premier professionals in building active-adult “55-plus” housing and an award-winning developer for 47 years, said he is looking forward to getting started. “You will all be proud of what I do if you allow me to do it,” he said.
The first of several community meetings regarding the project will be held at Gaslight, which is located at 1100 Market St., on Feb. 3 at 11 a.m.