A proposed large housing development in Plainview is entering the final approval stages after the Oyster Bay Town Board voted to approve an environmental findings statement.

Developer Michael Dubb, whose Jericho business uses the name the Beechwood Organization, agreed to reduce the number of units to 750 from 793 and increase open space. About 82 percent of the units will be restricted to households in which one occupant is 55 or older.

"It's a project whose time has come," Town Supervisor John Venditto said in an interview after Tuesday's vote. "The over-55 empty nester does represent a housing need that I think we have an obligation to meet."

The developer will give 58.9 of the total 143.3 acres to the town for open space and recreational use, an increase from 44 acres in the plan in the final environmental impact statement released last month and more than the 40.1 acres required under restrictive covenants.

The number of planned units at the gated community -- much of which will abut Old Country and Round Swamp roads -- was reduced to 750 in the environmental impact statement.

"We wanted to try and satisfy everybody," said Dubb. "Everybody comes out good here."

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The project is expected to provide housing for 1,434 residents. Most of the units would be market rate with projected prices ranging from $600,000 to $950,000, according to the statement. The project would include 90 units set aside at $250,000 for income-restricted seniors.

Carol Meschkow, president of Concerned Citizens of the Plainview-Old Bethpage Community Inc., told the board she was pleased with the additional open space but urged the board to seek more changes. "This project is still too dense," Meschkow said.

About half a dozen speakers said they favor the project. Many said they hoped to live there.