Sold in Belmont: Only Million Dollar Homes Need Apply This Week

Photo: The only single family home to sell last week and, as always, at a premium.

A weekly recap of residential properties sold in the past seven days in the “Town of Homes.”

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58 Summitt Rd., Townhouse (2005). Sold: $1,140,000. Listed at $1,275,000. Living area: 2,880 sq.-ft. 9 rooms, 3 bedrooms, 3.5 baths. On the market: 92 days.

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19 Fieldmont Rd., Tudor (1925). Sold: $1,195,000. Listed at $2,300,000. Living area: 3,952 sq.-ft. 10 rooms, 4 bedrooms, 4.5 baths. On the market: 173 days.

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54 Selwyn Rd., Center entrance Colonial (1925). Sold: $1,250,000. Listed at $1,035,000. Living area: 2,763 sq.-ft. 8 rooms, 4 bedrooms, 2.5 baths. On the market: 68 days.

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47 Homer Rd., Center entrance Colonial (1940). Sold: $1,650,000. Listed at $1,699,900. Living area: 3,080 sq.-ft. 8 rooms, 5 bedrooms, 3.5 baths. On the market: 68 days.

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80-82 Lewis Rd., Two family (1924). Sold: $1,089,500. Listed at $995,000. Living area: 3,100 sq.-ft. 15 rooms, 7 bedrooms, 3 baths. On the market: 82 days.

Sold in Belmont: A Softening in Multifamily Prices, For at Least a Week

Photo: The only single family home to sell last week and, as always, at a premium.

A weekly recap of residential properties sold in the past seven days in the “Town of Homes.”

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136 White St., Condominum (1910). Sold: $360,000. Listed at $414,900. Living area: 1,244 sq.-ft. 5 rooms, 2 bedrooms, 1 baths. On the market: 66 days.

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181 Claflin St., Colonial  (1950). Sold: $1,150,000. Listed at $1,050,000. Living area: 2,493 sq.-ft. 9 rooms, 4 bedrooms, 2.5 baths. On the market: 53 days.

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225 White St., Two-family (1908). Sold: $728,000. Listed at $799,000. Living area: 3,203 sq.-ft. 10 rooms, 4 bedrooms, 2 baths. On the market: 80 days.

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210-214 Waverley, Two-family (1880). Sold: $720,000. Listed at $739,900. Living area: 2,925 sq.-ft. 12 rooms, 4 bedrooms, 2 baths. On the market: 75 days.

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140 Trapelo Rd., First-floor condominum (1932). Sold: $390,000. Listed at $400,000. Living area: 830 sq.-ft. 4 rooms, 2 bedrooms, 1 baths. On the market: 78 days.

Sold in Belmont: Double the Size, Double the Price

Photo: Bulking up on Cedar.

A weekly recap of residential properties sold in the past seven days in the “Town of Homes.”

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 222 Prospect St., Brick/frame modified Colonial (1936). Sold: $1,210,000. Listed at $1,100,000. Living area: 2,914 sq.-ft. 9 rooms, 4 bedrooms, 2.5 baths. On the market: 61 days.

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96 Winter St., Ranch/Cape (1950). Sold: $700,000. Listed at $789,900. Living area: 1,885 sq.-ft. 6 rooms, 3 bedrooms, 2 baths. On the market: 160 days.

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64 Channing Rd., Second-floor condo (1952). Sold: $450,000. Listed at $459,000. Living area: 952 sq.-ft. 5 rooms, 2 bedrooms, 1 baths. On the market: 68 days.

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69 Cedar Rd., Renovated Colonl (1920). Sold: $1,880,000. Listed at $2,100,000. Living area: 4,588 sq.-ft. 8 rooms, 5 bedrooms, 5.5 baths. On the market: 109 days.

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90 Wellesley Rd., Split-level ranch (1963). Sold: $1,400,000. Listed at $1,289,000. Living area: 4,149 sq.-ft. 8 rooms, 5 bedrooms, 5.5 baths. On the market: 74 days.

• • • 

One year ago this month, the near-century-old house on Cedar Road just off Goden – midway between the Chenery and the Wellington schools – caught the attention of a friendly developer who bought the structure with an idea of building big.

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But rather than knocking the current structure down and constructing some monster truck version of a residential house on the site, the team had another option on hand: an ample backyard. With a lot size of 9,000 sq.-ft. – as opposed to the 7,000 sq.-ft. the developer of 185 Dalton Rd. (that hideous blue whale of a house) was able to use – the developer was able to expand outward into a lawn. In fact, the addition cobbled onto the rear of the original house at 2,500 sq.-ft. is a bit more than your average Belmont colonial.

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Let’s look at the tale of the tape:

House sq.-ft.:

  • 2015: 2,024
  • 2016: 4,588

Total Rooms/Bed/Bath:

  • 2015: 8/4/1.5
  • 2016: 11/5/5.5

Assessed value/Final sale price

  • 2015: $869,000/$891,000
  • 2016: N/A/$1,880,000

The end result, within a year’s time, the sales price for the newly-renovated house doubled.

So you can commend the developer’s effort to use the existing facade/frame to keep the house in the same scale from at least the street as its neighbors while providing wealthy buyers all the unnecessary space and soon-to-be-empty rooms they demand. Unless you have half a dozen kids, why do you need 4,500 sq.-ft? 

Breaking: Cushing Village Project Is A Go with Toll Brothers’ Purchase of Parking Lot by Toll

Photo: Coming attractions

Finally.

Earlier today, Wednesday, Oct. 19, developer Toll Brothers officially took possession of the municipal parking lot in Cushing Square after purchasing the parcel for $1.335 million from the town, according to Town Administrator David Kale.

Kale said the multi-use project will begin the construction phase with the closure of the lot in the next few days. 

Before Wednesday’s Special Town Meeting, Board of Selectmen Chair Mark Paolillo made the closing announcement.

“It’s finally over,” said Paolillo. 

Kale said Toll Brothers will also be putting forth a press release that will detail the construction of the 167,000 square foot, three building project in the heart of Cushing Square. 

Cushing Villiage is a three building development that will include approximately 38,000 square feet of commercial space, 115 dwellings units – 60 two-bedroom units and 55 one-bedroom unit – and 225 parking spaces including 50 municipal spaces.

Belmont Broker Boyle Makes the Move to Gibson Sotheby

Photo: Carolyn Boyle.

Long-time Belmont resident and real estate broker Carolyn Boyle is on the move.

Boyle has joined Gibson Sotheby’s International Realty’s team of experienced agents, according to Larry Rideout, the firm’s CEO/co-owner.

“Carolyn has a track-record of success and is dedicated to providing superior service for her clients,” said Rideout. “As a senior real estate specialist and accredited buyer representative, she has the knowledge and expertise to best serve her clients. We’re delighted to have her as part of our team.”

Gibson Sotheby’s International Realty is Boston’s largest independent real estate company. Founded in 1962 by Betty Gibson in Boston’s South End, the firm has several offices in Boston, Cambridge and Greater Boston area.

With 20 years of marketing and finance experience, Carolyn offers her clientele a wealth of knowledge to guide their real estate experience. Her extensive experience staging homes and strong analytical skills to effectively price properties ensures her seller clients command the highest price potential for their home.

A Belmont resident for 21 years, Boyle has been devoted to the community through her extensive volunteer work for the Foundation for Belmont Education, Chenery Middle School and Wellington Elementary School PTOs, Belmont High School Performing Arts Company and Belmont Activities Committee.

Boyle matriculated at Amherst College and earned an MBA from UCLA’s Anderson School of Management.

Sold in Belmont: Loft Living on Waverley Street, No Longer on Goden for Concord Ave.

Photo: 112 Waverley with the antebellum balcony.

A weekly recap of residential properties sold in the past seven 25-plus days in the “Town of Homes.”

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264 Concord Ave., Unit 2. Downstairs condo in two family (1915). Sold: $680,000. Listed at $699,000. Living area: 1,350 sq.-ft. 5 rooms, 2 bedrooms, 2 baths. On the market: 81 days.

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685 Belmont St., Two-family (1918). Sold: $689,900. Listed at $699,000. Living area: 2,250 sq.-ft. 10 rooms, 4 bedrooms, 2 baths. On the market: 102 days.

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112 Waverley St., New construction Colonial (2015). Sold: $1,210,000. Listed at $1,210,000. Living area: 3,200 sq.-ft. 8 room, 3 bedrooms, 2.5 baths. On the market: 66 days.

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• 262 Concord Ave., Unit 1. Upstairs condo in two family (1915). Sold: $664,000. Listed at $659,000. Living area: 1,350 sq.-ft. 5 rooms, 2 bedrooms, 2 baths. On the market: 81 days.

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• 55 Trapelo Rd., Classic ‘Belmont’ Colonial with attached four-room office space (1920). Sold: $930,000. Listed at $998,000. Living area: 2,400 sq.-ft. 10 rooms, 3 bedrooms, 2.5 baths. On the market: 118 days.

[Below is the personal opinion of the writer and not of the Belmontonian, which loves all homes and those who sell, make and buy them.]

Apparently, anything a residential contractor/architect/developer constructs in Belmont today will sell for top dollar.

Case in point, the newly built lump of wood at the corner of Waverley and Waverley Terrace. 

First the outside; The front-facing exterior is attempting to appear like a Colonial which is fine if it was wide enough for the number of windows required: while five (windows on the second floor) over four (first floor) is the traditional arrangement, there should be some spacing between them. But with the boxy nature of the house rather than a more expansive rectangular shape found in Colonials, you have to squeeze the windows way too tight to get them all in. I won’t even mention the windows should have correctly proportioned shutters, but that’s for another day.

The basic problem on Waverley is like so much new construction in Belmont; developers are attempting to pack so much livable square footage into a relatively small lot created about 100 years ago. This one is hammered into a tiny parcel that once housed a modest single family. That’s why there’s a back “strip” since it doesn’t qualify as a back “yard.” Not that you could find any value in looking at the blank walls and dull windows on three sides of the house, particularly the garage side with three windows with shutters and for some unknown reason, the ones closest to the rear without. The neighbors who have to see this side thank you. 

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And what’s with that bizarre landing/balcony above the front door? Colonial (Colonial Revivals) main entries are accented with a pediment, that traditional triangular crown above the door. A popular variation is an extended pediment that is supported by columns to form a covered porch. But on Waverley Street, what you have is a throw on from an antebellum Atlanta manse that makes no sense whatsoever in New England. How is Scarlett O’Hara to get onto the balcony? There’s no door so I guess she’ll have to crawl with her hooped skirt through the middle window.

How do you defend this?

Observer: What’s with the phony balcony above the entry.

Developer: It’s pretty.

Observer: But it doesn’t belong on a Colonial-style house.

Developer: It’s pretty.

Observer: It’s like putting a big red ball nose on “Whistler’s Mother.”

Developer: It’s pretty.

Want to know why true Colonials have pediments and not Southern-themed terraced balconies? Because New England gets sixty inches of snow a year and Atlanta doesn’t! Who’s going to shovel this decorative miscue? With the front facing south, we all know what that means: icicles the size of stalactites. It’ll look like a scene from the “The Game of Thrones” come February.

Then, there is the interior. There certainly is a “wow” factor coming through the front door, but not the “wow” value you’d want because what you are confronted with is an aesthetically vapid empty space. It’s loft living, Belmont style! I have been in a room in an Archduke’s palace where Mozart premiered an opera and I swear it was performed in less space. Yell “hello” at the entry and the echo coming off the back wall will give you whiplash (Hello! hello! hello! hello …).

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The reason for this expanse of air is that the area for the kitchen, dining room and living room are combined into a single area comprising 900 square feet. There are condos for sale with that much livable space. 

What this expanse of space tells any owner is: you’re on your own! This floor plan is likely to be a royal pain for the simple reason the homeowner (more likely an interior decorator) will need to map out and then execute elements – shelving, furniture, screens – to “define” space for certain activities. Why? Because we humans crave it. It’s the reason we left the caves. We want a designated area for casual living, for cooking, for eating, for formal dining, for quiet space. Where is the privacy with such a busy first floor? How can you relax with a good book when the television is on, someone is cooking in the quarry and teens are going up and down the open staircase, all within view. I suspect there will be a line of people wanting to use the first-floor office and the bathroom simply because they have doors that can be closed. And you really want to hide the kitchen as visitors will mistake it as a granite quarry. Welcome to the 1980s.

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The reason for the open area is that walls would take up space and show the true dimensions of the first floor. The house is listed at 3,400 sq.-ft. but 800 sq.-ft. is in what is being called the family room but, hey, it’s an unfinished basement that you throw the kids in the winter. Include the garage and utility (electrical) room and you’re looking at a 2,300 sq.-ft. house on two floors. Add walls, common areas (hallways) and the rest, well, it’s a lot less than the overabundance of space most buyers want in new construction. 

The second floor shows the problem of squeezing as much space into a smallish lot: There isn’t a  landing or a hallway when you reach the top of the stairs but a tiny common space where you’re facing three doors. 

And the depressing fact is that it doesn’t have to be this way. There has been great new construction and renovations in Belmont – here’s one – with elements that an architect can steal for their own site. But developers today would rather select a common design out of a book than think about the people who will occupy the space. It’s if Frank Lloyd Wright decided, what the hell, why not select a beach house design for that land by the falls? 

So despite the long list of fails, there were 1,210,000 million reasons why this example of architectural malpractice was built. But then again, the purchaser is unlikely to spend a lifetime here. As was noted in this weekly article months ago, it appears that many owners of million dollar homes – why does the term “million dollar homes” seem so out-of-place on the “Terrace” – will leave by the time the second coat of paint is dry. Why be bothered by the strangely empty space and tight space upstairs? We’ll be gone soon enough.

So, it doesn’t matter what you construct: build it and they will come, cash in hand.

• • • • •

Here’s a new one, the owner of a home at the corner of Goden and Concord has decided that a Concord Avenue address would suit the sale of the condos better than keeping the old address.

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“Official address has been changed from 4 Goden St. to 262 Concord Ave., Belmont” said the sales blurb with a similar one for the other unit. Does Concord Avenue now hold more cachet than Go(l)den Street?

To be fair, the structure’s front door does face Concord Avenue which would lead you to believe the address change is a correction 101 years in the making.

• • • • •

JJ Watt is one of the best defensive linebackers in the NFL, a three-time Defensive Player of the Year (although he had surgery for a herniated disk during the summer and is not 100 percent) and a big deal for his team the Houston Texans. So, let’s just imagine Watt was traded by the Texans to the hometown New England Patriots. And let’s just imagine he loves the new Belmont Center so much he wants to live in the “Town of Homes.” So that means not just a trade of players but also of homes.

In Houston, Watt lives in what is called a “modest” home in Pearland, Texas: Built in 2005, the traditional-style, four-bedroom, three bathroom home measures 4,169 square feet and sits on a quarter-acre lot. It features a saltwater pool, patio with pergola, and outdoor kitchen. The two-story family room has a fireplace and specialty molding. There’s also a master suite on the main floor.

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The price: $465,000.

So what can Watt get in Belmont? Try this NFL-ready “modest” condo on Gilbert Road: Built 90 years ago, the quaint 990 square foot first floor unit in the sought after Cushing Square area of Belmont features hardwood floors, a sun-filled living room that opens to a formal dining room with a built-in china cabinet, two bedrooms and a tiled bath. Other pluses: updated utilities, replacement windows, ample basement storage, a porch and fenced yard, one car garage, and three car driveway parking. 

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The price: $489,000.

While Watt may balk (inter-sports reference) at trading up to Belmont, this condo is actually a great starter for a young couple looking to establish themselves in town. Just not a 6 foot, 5 inch, 290-pound transfer. It is quite charming with the period interior detail throughout and a foyer entry. I even think it would be great for empty nesters as they save up to buy a Rhode Island retirement home.

Toll Bros. Agrees to Parking Lot Sale Sept. 30; Cushing Village Under Way

Photo: Cushing Village.

If you were not listening for it, the announcement would have quietly passed by without much notice.

But the news from the Board of Selectmen on Monday, Sept. 19, that national developer Toll Brothers will sign the purchase and sale agreement to obtain the municipal parking lot adjacent Trapelo and Williston roads on Sept. 30, has brought to an effective end more than three years of delays and controversey that has haunted Cushing Village, the 164,000 sq.-ft. apartment/retail/parking complex set to be built in the heart of Belmont’s Cushing Square.

After a brief unceremonial signing of the documents by the selectmen concerning easement rights and updated land and parking agreements, the town will wait for a check for reportedly $1 million while Toll will soon retain the deed to the property, said Town Consel George Hall. 

“This is the light at the end of the tunnel we have been waiting for,” said Belmont Selectmen Chair Mark Paolillo.

There was no representative at the signing from Toll Brothers’ Apartment Living subsidiary that will construct and own the property for the Horsham, Penn.-based firm.

It is believed demolition of the existing structures on the site – the former S.S. Pierce & Co. building at the corner of Common and Trapelo and the First National/CVS at Common and Belmont – will proceed within the next two months. Speculation is that Starbucks, which is adjacent to the parking lot and is a key tenant for the new complex, will continue to operate at its location for the time being. 

Bill Lovett, a senior development manager at Toll Brothers’ Apartment Living, said in August the earliest date for construction to begin on Cushing Village is late spring of 2017 with a completion date of the summer of 2019.

The development consists of three separate buildings with approximately 38,000 square feet of commercial space, 115 dwellings units – 60 two-bedroom units and 55 one-bedroom unit – and 225 parking spaces including 50 municipal spaces provided as a result of the sale of the municipal parking lot.  The development will also include 12 affordable housing units.

After more than two-and-a-half years of delays and broken promises to begin construction, the long-troubled multiuse development was sold in March to Toll Brothers which purchase of the project’s development rights and two land parcels from the original owner, Smith Legacy Partners.

It was Smith Legacy which shepherd the project through an 18-month permiting process, winning the right to build the complex in July 2013. But a failure to find the necessary funding doomed the project for the owner.

Business: Top RE Broker Joins New RE/MAX Office in Belmont [VIDEO]

Photo: Anne Mahon.

Anne Mahon, a top producing real estate agent in her hometown of Belmont has joined RE/MAX Leading Edge in the franchise’s new location at 84 Leonard St in Belmont Center.

“When I heard RE/MAX Leading Edge was expanding its footprint in Belmont and Cambridge, I knew I had found my new home,” said Mahon. 

Recently Century 21’s leading broker in Massachusetts, Anne brings experience, knowledge and passion to RE/MAX Leading Edge.

“Anne Mahon and I have been friends for many years,” said Linda O’Koniewski, CEO of RE/MAX Leading Edge.

“I knew the first moment I met her, we were soul mates. Anne puts her clients first. Whether she is working with buyers or sellers, every decision she makes is based on what’s best for her client. She puts our philosophy in practice with every transaction and because of that we are thrilled to have Anne in our organization,” said O’Koniewski.

Having worked in the real estate brokerage for only five years, Anne has experienced tremendous success in her short tenure. During her time with Century 21 Adams Arlington, Anne was awarded the top agent in New England, top nine in the U.S. and one of the most influential real estate agents in the Commonwealth of Massachusetts. In addition, Anne is an international speaker and trainer on how to reach success and perform customer service at the highest level.  She has been recognized by the Boston Globe as one of the top real estate professionals in Greater Boston.

“Now that I am part of an organization that has 13 locations, I have the advantage of meeting my clients anywhere and anytime. Part of my rationale for joining this particular office was that I saw a team of tremendous agents that transact more than real estate; they give back in a big way to our community here in Belmont. We are more than just real estate agents, we are ambassadors of our beautiful Belmont community,” said Mahon.

Anne is an active member of the Belmont community and feels passionate about ensuring everyone has an opportunity to succeed. She’s was recently elected to the town’s Housing Authority, is a Town Meeting Member and has led the Butler Elementary’s PTA. She works with the Belmont Boosters, the  Foundation for Belmont Education, Belmont Food Pantry, is a supporter of the construction of a community Bike Path and currently chair of the Belmont Democratic Committee.  

For more information about Anne, visit www.annemahon.com or call at 617-990-7660.

Founded in 2001, RE/MAX Leading Edge has grown to more than 200 sales professionals and serves the communities of Arlington, Back Bay, Belmont, Cambridge, Lexington, Lynnfield, Melrose, Newton, Reading, Somerville, Wakefield, Watertown and Winchester. The Company is the highest-producing RE/MAX office in New England and fourth largest real estate firm in Massachusetts.

Planning Board OKs Cushing Village Construction Extension

Photo: The Cushing Village site.

The Belmont Planning Board welcomed to its Tuesday, Sept. 6 meeting the representative of the new owner of the proposed Cushing Village development with a slight caveat.

Don’t come back!

In reality, the board wasn’t so tactless or dismissive. Rather, the members explained to Bill Lovett – a senior development manager at Toll Brothers’ Apartment Living division which will develop the $80 million project that includes 115 units of rental housing, 38,000 sq.-ft. of retail and approximately 200 parking spaces – that he shouldn’t expect the board to approve any additional time extensions that would further delay the building the long-delayed project.

After the warning had been sent, the board unanimously supported Toll Brothers request to give the Pennsylvania-based home builder a seven-month extension of the Special Permit from December to July 2017.

(The issuance of the Special Permit allows a developer to begin construction on the site at the corner of Common Street and Trapelo Road in the heart of Cushing Square.)

The Planning Board’s directive is similar to the message Lovett received from the Selectmen which agreed to Toll’s request to extend the separate purchase and sale agreement of the town-owned municipal parking lot adjacent Trapelo and Williston roads.

When asked by Board member Charles Clark if Toll Brothers is likely to buy the car park site and begin construction by Dec. 31, Lovett agreed that was a possibility.

So why then, Clark pondered, is an extension of seven months for the Special Permit being required by Toll Brothers?

Lovett said while it is indeed possible that the building could commence by the end of the year, it would be an unlikely to actually commit to that timeframe because the structure’s foundation will be “complicated” to build as it sits below the ground water level and will also host the garage. Lovett said the earliest likely date for construction to begin on Cushing Village is late Spring of 2017.

And while Clark suggested providing the developer with half the number of months requested in an attempt to move the project forward, Lovett stated Toll Brothers request for the full seven months was calculated relying on the firm’s due diligence formula, adding a margin of safety for any unforeseen complications that would force a delay in construction.

A long time from the start

Clark retorted that he remembers sitting in the same room more than three years ago in 2013 approving the Special Permit. This latest delay will likely move back the completion date of Cushing Village to mid-2019.

“Six years is a long time [for a project such as this],” he commented.

At Tuesday’s meeting, the board also brought up one of the most significant issues facing developers building on older commercial sites; ground contamination.

Quired by the Planning Board’s Barbara Fiacco, Lovett said the land is contaminated to the point where it would need to be remediated. The underground garage will be built on the former site of an old dry cleaner which used organic compounds such as perchloroethylene likely seeped into the surrounding soil and groundwater.

But Lovett said while Toll Brothers doesn’t know “what exactly is going to happen … with the remediation of the soil” and that some unanticipated finds could delay the “physical construction of the site,” he said the request for a delay in the Special Permit is not due to any soil contamination.

Lovett said the provisions of the Special Permit – allowing the construction of the development to proceed with the myriad of conditions and restricts to the structure’s bulk, height, and mass which the Planning Board negotiated with the initial development team over an 18 month period of meetings and discussion – will kick in only after the building’s foundation is laid and a plan of action on cleaning out the polluted soil has been taken.

But Fiacco was not sufficiently mollified by Lovett’s explanation.

“But I still don’t have a comfort level that you’re not going to be back here asking for further extensions in light of environmental issues,” she said.

Lovett said it’s likely the soil will be removed from the site “as quickly as we can” to move forward.

“It’s in the best interest” of Toll Brothers to move forward on the site, he added.

Fiacco ended her comments by telling Lovett the firm should decide early on what remediation and construction solutions they will use rather than be reactive to any problems it may encounter.

“I want to impress on you to get all your ducks in a row … so this project can go forward, and we can see something other than a hole in the ground,” she said.

Toll Partners With Former Owner To Lease Cushing Village’s Retail Space

Photo: Bill Lovett,  a senior development manager at Toll’s Apartment Living, before the Board of Selectmen.

It wasn’t the one-month extension the town gave Toll Brothers to close on the municipal parking lot adjacent Trapelo Road critical to the building of the long-delayed Cushing Village project that created the big buzz at the Belmont Board of Selectmen meeting on Monday, Aug. 22.

It was who the new developer is partnering with on a significant feature of the $80 million project that was a total surprise to the nearly dozen residents who sacrificed a beautiful summer evening to attend the meeting at Belmont’s Town Hall.

Chris Starr, the Bedford resident who spent almost a decade of his life attempting to construct the three building complex before giving up and relinquishing the site to the Pennsylvania -based firm, will either control “whole or in part” the leasing of 38,000 sq.-ft. of retail space in the new development.

Revealed by the Selectmen at the meeting, the news of Starr’s return to the project that he failed to complete was a startling announcement to those in attendance.

“This just didn’t make much sense at all,” said Doug Koplow of Oak Avenue.

Bill Lovett,  a senior development manager at Toll’s Apartment Living – a relatively new whole-owned subsidiary within the Horsham, Penn.-based firm – would only say the details for the company’s arrangement with Starr are in the new draft Land Development Agreement, the nuts and bolts legal document describing what will occur during the construction.

The LDA notes Starr’s involvement as taking “whole or part” of the commercial portion of the project once the space is built out and the town has provided a temporary certification of occupancy. The earliest that will take place is at least two years away.

Speculation of Starr’s return leans towards Toll’s expertise in the residential development yet having little knowledge of commercial leasing. Having spent the better part of a year attempting to land a big retail operation for his project, Starr’s contacts would be seen as valuable to Toll. 

Some residents expressed a worry that Starr’s background – during his tenure he could not put together the necessary financing to build the project nor find an anchor store for the site – could lead to further troubles for the project.

“[Starr] hasn’t shown much competence when he had Cushing Village and I don’t see much changing,” said Rita Butzer Carpenter of Precinct 6.

But for Selectmen Chair Mark Paolillo – who said the board was equally “surprised” by the arrangement between the present and past owners – a new near-luxury development on three town blocks at the intersection of Common and Trapelo would be a draw for most commercial retailers.

“We have the confidence that the commercial space will be very appealing to a wide range of retailers once [Cushing Village] is built,” said Paolillo. “It will be a very beautiful place to be located, and you’ll have 115 units of people who are customers inside the building.” 

Before the Starr bombshell landed, most residents were eager to hear why Toll was seeking to an extension on the deadline for the parking lot purchase and, as Lovett noted, seeking next month before the Planning Board to move the deadline for the Special Permit on Dec. 3 up by several months.

In March when Toll Brothers took tentative control of the project’s development rights from Starr, Lovitt sought and received a six-month extension, until Aug. 26, to sign the Purchase and Sale for the municipal parking lot.

Since then, the firm has been performing environmental tests and other audits as part of the company’s due diligence of the site and past agreements.

Lovett said the company’s reviews “just took a bit longer than anticipated.” The delay forced Toll to push back the start of its negotiations with “a retail component” (i.e., Starbucks), said Lovitt.

“We needed to dot the ‘Is’ and cross the ‘Ts’ before moving forward,” said Lovett.

While the added month may, as Selectman Jim Williams noted, be standard fare for a project of this size and past difficulties, one selectman was less than pleased.

“I feel let down by you,” Selectman Sami Baghdady told Lovett, who said that many residents saw Toll as the “white knight” when it rescued the project in March.

“There are many frustrated people as you can tell,” Baghdady said of those in the audience, wondering what assurances does the town have that Toll will not come back in the third week in September “asking for more time?”

Lovett said the company has spent “thousands of dollars” in preconstruction costs and is eager to add Cushing Village to its portfolio of projects including a completed apartment complex in Westborough and one soon to be under construction in Natick.

While saying Toll Brothers “will not find [another extension] here” should it come back in a month with the similar request, Paolillo said the added time “is our last best chance” at guiding the project towards construction.

“There is not option B,” he said as the extension was approved.