According to the Master Plan, Windham is top-heavy with residential development, leaving relatively little business tax-base
for balance. Homes create a tax "need" for services, while businesses generate income and therefore taxes/improved tax
base.
So, the Master Plan calls for commercial and industrial development, with a goal of 15% non-residential valuation.
Page 68 of the Master Plan summarizes the tax role played by the current industrial park. While this is a definite
benefit to the town, significant increases in industrial development did not seem likely: "Given the projections for
stable or declining manufacturing employment, this is not a particularly likely scenario."
In contrast, "Windham appears to be well positioned for future office development as a restult
of projected regional growth in the services sector and the enhanced accessibility of the town due to the widening of Interstate
93." (p 69)
The Estimated valuations per square foot were $65 for manufacturing and
warehouse, but $120 for office space. (p 70)
Can you have office space in Limited Industrial Zoning? Yes. If you were a developer, looking to build high-end
office space, would you want to do so next to some of the other uses allowed in Limited Industrial Zoning? No.
Does this mean rezoning the current Industrial Park? Possibly. But if it is in the best interest of the town,
why not at least consider it? There are (historic) HOMES on Maple Street whose back yards were rezoned to Limited Industrial,
presumably in the best interest of the town. Why not consider "zoning up" the current Industrial park, in the best interests
of the town? One of those buildings is currently for sale - what a great time for change! In fact, it and one
of the other buildings has FANTASTIC views - "executive corner-office" views.
View the Master Plan at the town website here: