Hampton development 2024: Casino makeover, downtown apartments, senior housing, and more
An excerpt from a Seacoast Online article
New vision for Liberty Lane: Affordable apartments, restaurant, and dog park
The town’s ordinance has been amended to make room for a new neighborhood of apartments and commercial space off Liberty Lane. Now, Michael Kane said, it’s a matter of finding the perfect layout of units before his company files their application to build their multi-use development with the town.
“We think we might know what the sweet spot is,” Kane said. “We’re continuing to evaluate data.”
Kane’s group, the Kane Company, bought the 104-acre plot of land in 2019 along with Tidemark. Their goal was to create affordable housing options for people who work in the community, they said at the time.
To get the project approved, the developers brought a zoning amendment to voters in May that created the Liberty Lane Overlay District to allow residential development. Previously, only industrial was permitted in that zone.
With the amendment’s passage, the developers are considering the best plan to bring forward that will bring new housing to Hampton, as well amenities including restaurant space and a dog park.
The scope of the plan has changed over time. Originally, the developers were considering four apartment buildings with 100 units each. After the ordinance passed, they said they were planning on two apartment buildings with 210 units.
Kane said the lack of apartments in Hampton makes it a challenge to determine the right number of units to build.
“It’s a somewhat unproven market,” Kane said. “We love the area. We love the site. We’re just trying to do it as well as we could.”