The executive summery of the FEIS for the Chappaqua Crossing development at the former Reader’s Digest property, released on Saturday, lays out what the Town Board has concluded are the benefits and the adverse impacts of the plan for 199 units on the property (and also a larger “preferred” plan). Most of the impacts, it concludes, can be mitigated but a few can’t be. In the end, the board will have to weigh whether the benefits outweigh the costs.
The FEIS lists the benefits of the project as providing net positive tax revenue to the town and schools compared with the site as is, and says lifting the restriction on the number of commercial tenants would strengthen the commercial viability of the site and boost the town tax base. It also touts the affordable housing and the developers’ efforts to build the new buildings in previously developed areas.
Adverse impacts include inconsistency with the Town Development Plan, New Castle’s master plan, because of the rezoning of a big part of the site to residential. That would hurt the town’s commercial tax base and the potential for other office development at the site. The request for 55-feet tall residential buildings is also inconsistent with town zoning policy and town character, the FEIS says. Residences are now limited to 35 feet. The problem could be mitigated by lowering the height of the buildings in the northern end of the site. Some traffic impacts could not be mitigated.
Other impacts, such as site disturbance during construction and visual impacts on Cowdin Lane, could be mitigated, the study says. Paths through the property would be open to the public and a jitney would be provided to the Chappaqua hamlet.
Check back for updates. Section II includes new information and supplementary studies.