Wolff Lyons’ expansive traditionalist neighborhood plan (a post here) for the redevelopment of Rivercrest, on hold for several years, will not be built when the land is finally developed:
Tim McNamara from the Dartmouth College Real Estate Office explained that the College was instrumental in the zoning change creating the GR-4 district. A Master Plan for a suburban village had been created for Rivercrest with 300 mixed type housing units. The project has been on hold due to the recession and wanting to be patient about the transport of TCE from CRREL.
The College will soon determine what the housing demand is considering faculty and graduate students. The Rivercrest project will be designed based on this demand. The current Master Plan is unlikely to be built. When the College finally initiates Rivercrest, it is unlikely to be built out quickly. Tim envisions many smaller phases. If it were put in the queue today for planning, construction would occur in 3- 5 years. The actual start depends on demand at Dartmouth, the availability of capital and the TCE situation.1Planning Board, minutes of meeting (4 June 2014), pdf, 5.
We also learn that “Sachem will be built out first as that housing is needed for graduate students. There are no plans for the golf course.”
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