Business
Corbin/Post Rd Redevelopment Idea Looks a Bit Less Radical in Latest Presentation
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Commercial Real Estate Developer David Genovese gave a presentation to the public at Town Hall (and on TV79) Thursday evening, providing some updates on his proposal to redevelop the triangle between Corbin Drive, the Post Road and Interstate 95. The proposal doesn’t add that much more retail space to the downtown about another 20,000-square feet, Genovese said. And a new street that would run parallel to the Post Road (and that might be extended to Center Street) is something that previous government studies have suggested, he said. Genovese addressed concerns about underground parking, the addition of a five-story building to downtown, the impact on traffic, and whether the new apartments would increase the school-age population. He mentioned some small changes in the proposal and some other ways the idea might be changed before a formal proposal is presented to town land-use boards.