SALEM ST SAUGUS, MA THE CHANNEL 4-ACRE DEVELOPMENT

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1 SALEM ST SAUGUS, MA 4-ACRE DEVELOPMENT

2 GE Aviation 2,500 employees Average salary of $75, plus ROUTE 107 Wheelabrator 60 employees Availabity of Clean Energy

3 Riverworks Station Public access agreed in May 2017 Construction to begin 2019 Lynn Gear Works Charles Patsios Development 1.5 million sf of development Full build out to be completed 2022 HIGHLIGHTS WATERFRONT ACCESS TRANSIT ORIENTED DEVELOPMENT NEW ZONING OPPORTUNITIES HIGH VISIBILITY AND TRAFFIC COUNTS PROXIMITY TO POPULAR DESTINATIONS PROXIMTITY TO PUBLIC TRANSPORTATION

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5 DESCRIPTION PHYSICAL LOCATION The project site is located at 20 and 150 Salem Turnpike along the Saugus River in Saugus, MA (see image previous page). The property is bound by the Saugus River to the north, land owned by Refuse Energy to the east, land owned by unknown entity to the south, and the Salem Turnpike (Route 107) to the west. The site is located on the east side of the Salem Turnpike at the intersection of Ballard Street. It should be noted that the entire site is within the Rumney Marshes Area of Critical Environmental Concern (ACEC), which includes the Saugus and Pines Rivers and the wetlands up to the 100 year flood elevation as delineated by the Federal Emergency Management Agency (FEMA) flood maps. PUBLIC TRANSPORTATION: The site has direct access to 5 different bus lines which connect directly to Wonderland Station and MBTA s Blue Line located 3.5 miles to the south. In addition to this connection, the Riverworks Commuter Rail Station (set to become public in 2019) is located 0.8 miles to the north and can be accessed by foot in less than 15 minutes. PROXIMITY TO POPULAR DESTINATIONS: The site is located within 4 miles of 3 major retail shopping centers including Walmart to the north east (1.8 miles), the Northgate Mall to the south west (3.2 miles) and Wonderland Marketplace to the south east (3.3 miles). Just past the Northgate Mall to the east there is convenient access to Route 1 and beyond. In addition to brick and mortar experiences, the expansive Rumney Marsh provides hiking trails and opportunities to interact with nature. Revere Beach is 4 miles to the south east and the popular Nahant Beach is 4.0 miles to the east. In addition to the existing destinations, the most accessible and exciting development of all is set to begin construction in Lynn Gear Works is a proposed 65.5-acre transit oriented development that will bring 1.5 million sf of new development within a 1 mile radius of The Channel. The Lynn Gear Works development is setting a new precedent for mixed-use development in this area and will assist in bringing The Channel to its full potential.

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7 ht is not to exceed 90 ft. MW STONE RIP-RAP INV. 12" RCP OUTFALL = 4.03 R=9.69 I=7.1 GUY 17 18'x9' (typ.) STONE RIP-RAP SIGN INV. 12" STEEL PROPOSED FENCE GATE GATE 100' 100' FENDER SAUGUS RIVER SAUGUS RIVER FENDER APPROXIMATE OUTLINE FENCE 6' STOCKADE CONC BOUN FOUN ZONING ZONING ANALYSIS + HISTORY Route 107 Storage, LLC. is in full ownership of the 4 acre development which was previously permitted as a storage facility in In 2008, the Route 107 corridor was zoned strictly commercial, but since that time the Town of Saugus has expressed a major interest in activating this underutilized parcel. In 2014, the Town of Saugus approved the creation of Article 18: Waterfront Mixed Use Overlay District (see map). The new zoning overlay allows for the following uses (according.pdf located on the Town of Saugus website dated March 27, 2014). The WMUOD zoning bylaw is established to integrate a mix of land uses which will promote public access to the water and create more sustainable land uses. It encompasses: Existing industrial uses and new light industrial uses fostered by emerging technology. Innovative and sustainable building and site design. A variety and balance of commercial, retail and residential uses. A mix of water dependent, water related and non-water-related uses. Preservation and growth of the fishing industry and related uses Opportunities for affordable housing. Public access to the Saugus River, Pines River, waterfront and nearby estuaries and provide connections to recreational resources. Provision for water-based transportation options PREVIOUSLY REVIEWED OPTIONS: arina GUY LEVEL EXISTING 1 STORY CONCRETE BLOCK PROPOSED FENCE GRANITE CURB PROPOSED EDGE PAVEMENT BALLARD STREET PROPOSED 4' WIDE WALK 2 R T E S E L F S T O R A G E PROPOSED 3 Level - 2 x 100' 2 1 Level - x 1 Level - x 1 Level - x PROP FENCE PROPOSED FENCE PROP. 1' RET WALL EDGE PAVEMENT CC BERM EDGE PAVEMENT RE SYS CE MA No. 100 L. IKE ) PROP. 1'-2' RET WALL N/F WILLIAM O'DONNELL, GEORGE PIKE, MARY O'BRIEN, SIDNEY & BURNHAM PIKE BOOK PAGE 143

8 SALEM ST. SAUGUS, MA 4-ACRE DEVELOPMENT