Is the proposed development viable in today's market?

Locally and nationally, there is a strong trend for housing and office spaces to be located in a live-work-play environment. Always considered to be an extension of Phase I, First and Main, the office space proposed will be a new type not currently available in Hudson. Offering new housing choices to attract a young professional workforce and keep empty-nester senior professionals in our community was originally targeted in the Comprehensive Plan and is support by market trends regionally and nationally. After developing the initial Concept Plan, the financial viability of this project will be verified as part of the Downtown Partnership Agreement process between the City and Testa Companies.

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1. What is the proposed timeline for the development project?
2. How will the Phase II development blend with First and Main and the surrounding neighborhoods?
3. Is the proposed development viable in today's market?
4. How will the proposed project traffic be addressed?
5. What is the City paying for? What is Testa Companies paying for?
6. Will the project include rental units and single-level housing units within multistory buildings?
7. What types of residential and office uses are being proposed?
8. How will storm water from the project be addressed?
9. What is a developer's agreement and what are the terms?
10. Will parking be included in the design?
11. Will the project incorporate environmental sustainability?
12. How tall will the building be?
13. Has the City considered putting a City Hall, Rec Center or park in the development?