At the meeting, a representative for the developers, Kyle Harish, explained the rationale behind converting the project from condominiums to rental units. Harish emphasized the importance of adding to the town’s housing inventory and cited the project management’s alignment with the Falcone Companies’ successful rental model. The board acknowledged no changes to the project’s physical aspects, like unit numbers or design, would occur.

A point of discussion was the procedural necessity for Mass Housing to approve the transfer of ownership, contingent on the board’s approval of the change. The developers are in the process of finalizing applications and securing construction loans, with hopes to begin construction by spring, depending on funding and regulatory steps.