The City of Lakewood has posted notes from the Villa Italia O.D.P. Modification meeting last April 20th. Continuum Partners (the developer of Belmar) has requested an increase in residential and commercial densities on the Belmar's as yet undeveloped parcels.
The notes are here, and go to some length to explain that the city does not expect the new higher densities to ever be fully built out. Instead, it was explained that the change is merely to allow individual property owners maximum flexibility.
Personally, my fear when I first heard about the rezoning request was that Continuum might be seeking to reduce density because of lowered market demand. I moved to Belmar with the hope that it would someday truly grow into a downtown Lakewood, and density is a prerequisite for that.
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