400 Great Pond Road Steering Committee

View of 400 Great Pond Road surrounded by lake and trees

The May 2022 Town Meeting voted to authorize the Select Board to acquire a 7.8 acre parcel of
land located at 400 Great Pond Road. This parcel abuts Lake Cochichewick and the dwelling
unit is partially located IN the lake, which hampers the Town’s ability to let the lake meet its
natural elevation. Allowing the lake to meet its natural elevations would increase water reserves
for the Town’s drinking water supply. Acquisition of the parcel allows the Town to protect the
public water supply by raising the lake level, control the development and use of the parcel and
potentially provide public access to the lake front.

The Town purchased the property for $1.8M and subsequently the Select Board voted to
establish the 400 Great Pond Road Steering Committee. The Committee is charged with
recommending the reuse of the property by March 4, 2023. It is anticipated that the Town
Manager will place an article on the Town Meeting 2023 warrant as a placeholder for any
funding necessary to initiate such reuse as recommended by the Steering Committee and
approved by the Select Board. The Town Manager may also apply for Community Preservation
Committee funds as applicable.

The reuse Committee will utilize survey tools in order to best understand community needs and
wants regarding the property’s reuse.

The Steering Committee will expire at the conclusion of May 2023 Town Meeting, but may be
reconstituted by vote of the Select Board as needed.

Email the committee at 400gpr@northandoverma.gov