Four commercial suites may become part of an $18 million, 40-unit workforce housing project planned for Amagansett.
Katy Casey, executive director of the East Hampton Housing Authority, said the suites would provide commercial space to small-business owners and would include an attached studio apartment that the owner could live in or use for employee housing.
“We hope this would promote entrepreneurship and small business,” Casey told the East Hampton Town Board during her update on the project at its work session Feb. 2.
The four commercial suites would be located in one building on the property. Included in the 15-building development of cottage-style wood-frame structures would be 12 one-bedroom, 12 two-bedroom and 12 three-bedroom apartments, which would rent from $1,100 to $2,300 a month.
Plans are to construct the housing on a vacant 4.7-acre tract at 531 Montauk Hwy.
The project, which is being planned to provide affordable housing to people who work in East Hampton Town but cannot afford to live there, and to provide struggling residents an opportunity to remain in the hamlet where land prices average about $600,000 an acre.
Construction is to begin in 18 months and to be completed in 2019.