How do you plan to accommodate the parking that will be required of the Project?
We will be increasing the amount of parking significantly through a number of ways. We wanted to be mindful not to be a burden on the surrounding community and to provide more parking than exists today. We plan to significantly increase the onsite parking and increase the street parking available today. On the Boston Post Road, we will remove the existing "back-out" parking and replace it with parallel parking. Regarding the unsightly current surface parking lots located throughout the area today, we are planning to replace it with two levels of underground parking in an elegantly styled parking structure. We feel the provided parking plan will be more than sufficient to address the demand of the project.
When will the project be complete and open for business?
We are going to need community support to get this project built as quickly as possible, and community members have the ability to influence the timing. We have had a preliminary discussion of our plans with the Planing & Zoning Commission and the Architectural Review Board, and we will be submitting the first necessary applications to the Town of Darien in the fall of 2015. We hope to receive approval for our project in the early part of 2016, and to start the construction in late 2016 or early 2017. There is an enormous amount of work to do for a project like this one, and we will need significant support from the community to work through the process expeditiously.
What can you tell me about the Proposed Town Green?
Baywater Properties and PG Properties have incorporated attractive, functional public spaces in each of their mixed-use projects in downtown Darien, such as Grove Street Plaza or Gofer Park. These public spaces have become cherished by the community. The Town Green will be generously sized and designed for multiple uses. It will be a beautifully landscaped park area where community events can be held, and a place for children to play in a safe and secure environment, as well as for people from the neighborhood to just sit, relax and enjoy the day.
What stores will be in the Project?
We have been hearing from residents about favorite stores, restaurants and businesses they would like to see and we love receiving that input. We envision adding to the retailers in downtown Darien a number of artisanal food purveyors, as well as retailers of women's clothing, home goods, children's clothing, shoes, lingerie, and swimwear. At this time, we do not have any agreements with tenants other than our existing customers, but please be sure to register on our website to receive email announcements. If you have good ideas for us as to retailers you would like to see come to Darien, please let us know! We welcome your input, as this is your downtown!
What about the traffic that the new buildings will generate?
We will be studying the traffic implications of the Project in the months to come, but we believe that with good planning, the traffic situation of downtown Darien may actually improve as a result of the Project. The current back-out parking on the Boston Post Road creates traffic delays and accidents on a regular basis. New side streets off of the Boston Post Road will serve to take pressure off of the Boston Post Road and should improve the flow of cars through the downtown. Given that a large number of office employees would be expected to commute to work via Metro North, the impact on traffic in the area will not be as significant as one might think. Lastly, by creating a special place where people can live, work and play, we will reduce the need for many people in our community today to drive to downtown Darien.
What about the Project's impact on Schools?
We intend to design the apartments that will be part of the Project as 2-bedroom units with a study that could be used as an occasional guestroom. The units are expected to measure 1,500 to 2,000 square feet, and given that there will be no outdoor amenities and that the project is located in downtown Darien, we do not expect young families to purchase or rent the units. Our recent experience in building and managing 745 Boston Post Road in Darien, which includes 8 luxury rental apartments, is important as that unit was 100% leased during construction to 7 different families, none of whom had any children in the Darien Public School system. Our initial tenants included young couples "trying out" Darien as a place to call home, and empty nesters looking for a simpler, maintenance-free way to live in Darien. An important point to consider is that the increased tax revenue generated for the Town of Darien by our development, which we are analyzing now, will be very significant and could be used to fund potentially necessary expansions to the existing Darien Public School system, lessening the burden on residential property owners.