Monday at the annual town meeting (ATM) Steve Dragotakes asked about what town owned land was currently for sale, and Select Board chair Murby mentioned the land at the former Medfield State Hospital site known as Parcel B which is South of Hospital Road where a basketball facility was recently proposed – shown as The South Field on the above plan.
For me the primary town property I would like to see monetized first is not that Parcel B which are beautiful open fields and woods, but rather the land that the Medfield State Hospital Master Planning Committee called The Arboretum. The Arboretum is about 12 acres that contains the former employee homes around the Stonegate entrance (the entrance nearest the downtown).
I suggest the town should first seek to sell The Arboretum after the Trinity Financial project is built, as then The Arboretum land will substantially increase in value. In the interim, I would suggest that the town change the zoning on that land from the sparse density the Medfield State Hospital Master Planning Committee placed on it, so as to permit more dense development and add more to its sale value.
We all want to preserve open space, but to me the open space I treasure at the former Medfield State Hospital site are the fields surrounding the already built areas, and I am not bothered by building greater density in the already built areas.
I see Old Village Square off of RTE 27 as a model for the density and curb appeal of what could go in The Arboretum. Old Village Square nets the town a large net profit of real estate taxes over municipal costs each year – maybe $600,000/year. The Arboretum developed in a similar manner could add maybe $1,000,000/year to our tax base without much town cost. My path to lowering our high residential real estate taxes is more via building housing that has minimal municipal costs, instead of looking to more business, commercial or industrial development – which few developers seem to want to locate in Medfield.
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