http://www.rutlandherald.com/article/20150907/NEWS02/709079953
These buildings, 34 and 36 Valley St. may soon be torn down to make way for townhouse units. Photo: Photo by Len EmeryPublished September 7, 2015 in the Rutland Herald Developer plans townhouses in Springfield By SUSAN SMALLHEER Staff Writer SPRINGFIELD – A northern Vermont construction firm is poised to tear down two dilapidated buildings on Valley Street and replace them with a row of townhouses. Fred S. Martin of Village Builders of Wolcott has purchased the houses at 34 and 36 Valley St. and has permits to tear down the yellow houses and build seven townhouse units, according to Bill Kearns, Springfield zoning administrator. It is the first new residential construction in downtown Springfield in recent memory. Kearns said that Martin has all his permits in place, and he understands the demolition will be carried out “soon.” Martin couldn’t be reached for comment Friday. Kearns said that Martin also purchased a vacant lot that borders the two buildings and Elm Terrace, which is next to 36 Valley St., to build the townhouse units. Kearns said that Martin was also interested in another adjacent dilapidated building, which has been called unsafe but is currently tied up in a legal dispute between a bank and an estate, Kearns said. “These banks won’t even talk to him,” said Kearns, saying that the condemned building would either be a good spot for an expansion of Martin’s project or green space for the tenants of the townhouses. Kearns said that Martin’s construction business does work all over the state, and it was possible that a couple of the apartments would be used by Martin’s employees. He said the townhouse building would be two-story, with parking underneath the buildings. The buildings would be set back 20 feet from Valley Street, and provide enough room for parking a car. The bottom floor of the buildings would be a garage with enough space for two cars, end to end, Kearns said. “Or one car and all your stuff,” he said. Martin has built similar housing in Barre Town, Kearns said, and comes with support from that town for his work. “His work looks upscale, very well done,” said Kearns, who said that similar townhouses he’s built have rented for $1,000 a month. “He expects to do more buildings,” he said. In addition to being a contractor, he also runs an insulation subcontracting business, Kearns said. Two years ago, the town launched an effort to crack down on dilapidated and unsafe buildings, and at town meeting voters approved a $100,000 fund to pay for demolition of buildings deemed unsafe, with the idea the money would be recouped from the building’s owner. The two buildings that Martin wants to demolish were not on the town’s list.
All of that looks great, except “His work looks upscale, very well done,” said Kearns, who said that similar townhouses he’s built have rented for $1,000 a month."
ReplyDeleteDo we have families who can afford that, or are they intended for the state to rent for the indigent?
Okay Debbie downer. FYI - A thousand dollars a month is not bad for a nice new place. What do you suggest the private developer builds them "lowscale"?
DeleteWould that take the crank out of you?
I'm with you Bob; while I wish this gentleman the best of luck, he might have a hard time finding families in Springfield who can afford rent of $1,000/month.
DeleteDoesn't answer my question. Does Springfield have customers for these townhouses? If so, where did they find the jobs that pay enough?
DeleteMost of my crank disappeared several years back.
This seems to be a private deal and the developer sees a profitable venture. Currently, the downtown does not have rentals worthy of $1000. As far as work goes, most of us travel throughout the valley for work and there are actually well paying jobs in Springfield if you have a skill. Either way, 9000 plus people call Springfield home and the majority of us are not on assistance.
DeleteNow this sounds like good stuff
ReplyDelete$1000 a month? I only get $1300 a month on my retirement check. Not gonna be for senior citizens.
ReplyDeleteDoes all development need to be for seniors or low income?
DeleteI think we have ample housing for senior citizens.
DeleteSpringfield needs to create affordable housing and get the slumlords to fix up their apartments so people do not have to live in inhumane, substandard housing because they are poor, disabled or mentally ill. A good example is the apartment houses on river street across from the health center.
ReplyDeleteIs Kearns a promoter or a code official?
ReplyDeleteSounds like the former.
Wear the proper hat Kearns.
He needs to be both if it is in-line with the town plan.
DeleteListen 10:11 pm, (Suzie Sunshine) NOBODY in Springfield the land of opportunity can afford a rinky ass apt on valley street with no parking and no yard for $1000 a month, get real. But perhaps Will Hunter or Wendi Germaine are scarfing them up to make a $400 a month bed and breakfeast for the State to pay for AKA Springfield taxpayers! I'm with Bob 4:11pm! It sucks to be honest!
ReplyDeleteAmen 9:11 This doesn't add up. With the mass exodus of wage earners Springfield has a glut of depressed value homes on the market. Last check was about 175!!! For the same outlay as mentioned here, can swing a mortgage and taxes on a nice, modest home. And for those not familiar with Valley Street, it's primarily abandoned, dilapidated and burned out homes housing welfare bums. Something is amiss here.
DeleteWell... posters' assessments are divided. Valley Street, at least the downtown end of it, is on the seedy side right now; maybe this is the beginning of a modest 'gentrification'?
DeleteY'know, there are quite a few employers in the area, just not as many jobs as when the machine shops were going strong. I live near the industrial park, and see quite a few cars/pickups leaving when the day shift ends. Maybe this developer has done a market survey.
Maybe after he builds them and realizes the majority of people in this town can't afford the rent and won't rent them, he will be forced to lower rental fee? Just a thought.
ReplyDelete