Monday, September 7, 2015

Developer plans townhouses in 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.

http://www.rutlandherald.com/article/20150907/NEWS02/709079953

16 comments :

  1. Bob Lombard9/7/15, 4:11 PM

    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."

    Do we have families who can afford that, or are they intended for the state to rent for the indigent?

    ReplyDelete
    Replies
    1. 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"?

      Would that take the crank out of you?

      Delete
    2. 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.

      Delete
    3. Bob Lombard9/8/15, 4:07 PM

      Doesn't answer my question. Does Springfield have customers for these townhouses? If so, where did they find the jobs that pay enough?

      Most of my crank disappeared several years back.

      Delete
    4. 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.

      Delete
  2. Now this sounds like good stuff

    ReplyDelete
  3. $1000 a month? I only get $1300 a month on my retirement check. Not gonna be for senior citizens.

    ReplyDelete
    Replies
    1. Does all development need to be for seniors or low income?

      Delete
    2. I think we have ample housing for senior citizens.

      Delete
  4. Springfield 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.

    ReplyDelete
  5. Is Kearns a promoter or a code official?
    Sounds like the former.
    Wear the proper hat Kearns.

    ReplyDelete
    Replies
    1. He needs to be both if it is in-line with the town plan.

      Delete
  6. Listen 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!

    ReplyDelete
    Replies
    1. Amen 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.

      Delete
    2. Bob Lombard9/10/15, 9:12 PM

      Well... 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'?

      Y'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.

      Delete
  7. 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


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