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The meeting was held online because of the coronavirus pandemic.
The boroughâs planner, Phil Abramson of Topology, presented the 80-page document, which was part of Caldwellâs settlement of its affordable-housing litigation.
Abramson said the plan lays out the framework for development opportunities.
âIt gives control over future developments that isnât found with regular zoning ordinances,â he said, noting that the plan will create new housing opportunities that could bring people, or âwalking wallets,â to the downtown area.
The plan will create more parking and more efficient use of parking, both public and private, he said.
With approval of the redevelopment plan, borough officials may solicit proposals from qualified developers or wait to see if property owners offer proposals, Abramson said. âIf nothing comes along that you like, you are obligated to do nothing.â