Sandwich Selectmen May Name 'Triangle' Developer On Thursday

JAMES KINSELLA/ENTERPRISE - Members and representatives of the joint partnership, which has proposed placing a destination sports complex on 56 acres of town-owned land in South Sandwich, meet August 12 at Sandwich Town Hall with the town's evaluation team.JAMES KINSELLA/ENTERPRISE - Paul Cleary, a spokesman for a joint partnership seeking to develop town-owned land in South Sandwich, holds a copy of the partnership's land plan as he addresses the town's evaluation team.JAMES KINSELLA/ENTERPRISE - Mashpee attorney Kevin J. Kirrane (right) speaks as Thomas Tsakalos (left), head of the Tsakalos Realty Trust, listens. The trust has proposed developing close to 17 acres of a 56-acre tract of town-owned land in the so-called "Golden Triangle" in South Sandwich.

The Sandwich Board of Selectmen could pick a developer for the 56 acres of town-owned land in the “Golden Triangle” as soon as Thursday, August 14.

The selectmen are scheduled to meet Thursday at 4 PM at town hall to discuss the proposals advanced by the two bidders for the tract, which is in a section of South Sandwich bordered by Route 130 and Cotuit and Quaker Meetinghouse roads.

The town’s evaluation team met with representatives for the two developers for a total of four hours today, August 12, in two separate sessions at town hall.

Following the conclusion of the sessions, Ralph A. Vitacco, chairman of the board of selectmen, said the board may decide at its meeting Thursday on a developer for the tract.

Mr. Vitacco said that the board is conversant with the two development proposals for the undeveloped land. Asked whether the board should take a few more weeks before making its decision, the selectman said he did not foresee any new information coming to the table.

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In the morning session, representatives of one of the prospective developers, Tsakalos Realty Trust, sat at a table in the second-floor hearing room to answer questions from the town’s evaluation team.

Representatives of the other developer, a joint partnership spearheaded by Clark Consulting of Falmouth, answered questions during the afternoon session.

The trust and the partnership responded to a June 16 request for proposals for the tract issued by the town.

Tsakalos has proposed buying 16.75 acres of the tract and creating a 300,000-square-foot commercial development that would include a hotel as well as space for retailers and a medical services provider.

Kevin J. Kirrane, a Mashpee attorney who is a spokesman for the trust, said the trust had waived its initial requirement that the town prohibit competing uses on the section of the tract that the trust did not buy.

But by proposing the development of only about a third of the tract, Mr. Kirrane said, the trust also limited the amount and degree of necessary septic treatment, as well as the required amount of mitigation to compensate for the project’s impact on local traffic.

The joint partnership has proposed buying the entire tract and developing the land into a destination youth sports tournament complex.

The partnership has proposed construction of a number of sports and ball fields, a field house, a 250-room hotel, and retailing space on the land.

Young athletes and their families would travel to and stay at the site.

In response to questions from the evaluation team, partnership spokesman Paul Cleary said the project, much of it being open land, would not require specialized septic treatment.

Mr. Cleary further said athletes and their families traveling to and from the complex could be directed to use certain roads, thus reducing the project’s traffic impact.

One of the partners, John B. Hynes III, who heads Boston Global Investors, a firm with extensive development experience in Boston and South Korea, said the proposal offers Sandwich a chance to collaborate on something unique for the town.

In response to a question from town manager George H. Dunham, trust and partnership representatives said that they had had positive discussions about cooperating on development in the Golden Triangle, and said those conversations likely would continue.

Comments

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  • capetown

    This venture sounds like a winner for the Town no matter which developer is selected. Maybe some real estate tax relief for the highest tax rate ($14.57) on the Cape. Only Yarmouth pays double digits at ($10.19) with Chatham coming in as the lowest on the Cape at $5.08. Why not lower this higher than average residential rate and create a commercial rate more in line with the rest of the Commonwealth. Any relief would be much appreciated.
  • suzanna51

    Like the town has not been degraded enough with over building and over population, they want to ruin it more. The character of Sandwich is gone. All about money.
  • capetown

    There certainly seems to still be a lot of open space in Sandwich and the Cape in general. Of course we need a good balance and I'd like to think the tax revenues will help quite a bit.
  • Lastoneleft

    Any way you increase taxable value anywhere on the Cape the rate per thousand will go down or provide greater services for the same dollar. An extra 150 million added to the tax base "should" bring everyone's rates down. Conservation land adds no value to the base.