In Southborough we have our share of office buildings, and it looks like we may be getting one more. The Zoning Board of Appeals earlier this month gave its stamp of approval to a new 4-story, 70,000-square-foot office building at 146 Cordaville Road. Developer Bill Depietri of Southborough-based Capital Group Properties told the board he hopes to apply for a building permit next year.
The building would be located just across the street from the Transfer Station. As designed, it will be one of Southborough’s few 4-story structures. Town bylaw caps building height at three stories, but Depietri argued that due to the site’s low elevation, a three-story building would not be seen from the street, making it hard to lease the space.
A majority of the zoning board voted to approve the 4-story plan, but Chairman Sam Stivers objected. “I think this is overbuilding for that particular site,” Stivers said. “The height continues to bother me. It’s too much for the site.”
Stivers also said he was concerned about the precedent that would be set. Board member Matt Hurley agreed, but called the situation “unique.”
“(Depietri) made a good case that it will be a better, more attractive building at four stories than at three,” Hurley said.
Another concern of the zoning board was increased traffic along busy Cordaville Road. The new building would share an entrance with 150 Cordaville Road (the former High Speed Video building), and cars entering the site would turn at the light by the Transfer Station.
A traffic engineer hired by Depietri told the board there would not be a significant impact on traffic. He also said the left-turn lane leading into the site could be expanded to accommodate more cars.
Depietri, who owns several office buildings in town, told the zoning board that the vacancy rate for commercial space in Southborough is less than 10%, but the vacancy rate for properties he owns is under 2%.
Depietri purchased the property at 146 Cordaville Road in June. He told the board he has had conversations with the owner of 150 Cordaville Road, and would be interested in purchasing it if he could find a tenant. Depietri also owns 153 Cordaville Road across the street.
Taxes on the new building would net the town an estimated $115K annually.