26 Pleasant Street · Brookline, MassachusettsAuthored by Eric Stone, TMM Precinct 8, October 18, 2026

A data-driven breakdown of the proposed development at 26 Pleasant Street

The data show why building more housing in Coolidge Corner is a no-brainer compared with preserving surface-level car storage.

The proposal would replace a private surface parking lot with 96 rental apartments, including 14 income-restricted units.[3]

What the proposal would add

The existing lot and the current plan compared.
MeasureExisting lotCurrent plan
Homes for people[3]096 rental homes
Income-restricted units014
Total yearly Town revenue[4]$29,688 in property tax$587,000–$605,000
Net yearly fiscal impact to the Town[4]Not estimated+$238,000–$338,000
Estimated yearly spending by residents at nearby businesses[14]$0. Cars in a private lot don’t shop.About $810,000
Spaces for storing cars[3]6049
View the proposed apartment mix.

Studios and one-bedroom apartments make up 68 of the 96 proposed homes (70.8%). The remaining 28 would have two or three bedrooms. The 14 income-restricted apartments meet Brookline’s 15% requirement. Under the Town’s rounding rule, 96 × 15% = 14.4 rounds down to 14.[5][9]

Proposed apartments by bedroom count

Market-rateIncome-restricted
01020304050Studio221 bedroom462 bedrooms233 bedrooms5Number of proposed homes

Scroll the chart horizontally to view the full scale.

Source: Fougere, August 10, 2026, Table 1.[5]

1. 26 Pleasant is an ideal spot for more housing.

26 Pleasant Street is across from the Coolidge Corner branch library, near the Green Line’s C branch and the shops and restaurants around Beacon and Harvard streets. The property is within Census Tract 4002.01, the area used below to estimate how many nearby households have no vehicle available.

Map from the earlier analysis showing Census Tract 4002.01 outlined in gold, with 26 Pleasant Street marked near the Coolidge Corner library, Beacon Street and Harvard Street.
Figure 1. The map shows 26 Pleasant Street within Census Tract 4002.01.[11]

The 2020–2024 American Community Survey estimates that 59.1% of renter households in this tract have no vehicle available. Nearby renters are a useful comparison because the proposed apartments would also be rentals.[11]

Households with no vehicle available

0%25%50%75%100%Renter households59.1%All households42.3%Owner households14.7%Percent of households with no vehicle available

Scroll the chart horizontally to view the full scale.

Figure 2. Census Tract 4002.01, 2020–2024 ACS. Dots show estimates; lines show approximate 90% confidence intervals derived from published margins of error.[12]
View the household counts and uncertainty.
HouseholdsNo vehicleTotal householdsPercent with no vehicleApprox. 90% margin of error
Renter households6111,03359.1%±26.2 pp
All households7031,66042.3%±18.1 pp
Owner households9262714.7%±7.5 pp

2. Analyses by both the Town and the developer show that revenue would exceed the cost of Town services.

The Town commissioned RKG Associates to review the developer’s fiscal analysis, prepared by Fougere. Both project a positive annual fiscal impact: about $238,000 in the Town’s review and $338,000 in the developer’s analysis.[4][5]

Estimated yearly Town revenue and costs

Town revenueCost of Town services
$0$200k$400k$600kTown review (RKG)$587,322$349,674Developer (Fougere)$604,531$266,847

Scroll the chart horizontally to view the full dollar scale.

Figure 3. Annual estimates for the completed, occupied building, using fiscal year 2026 assumptions. Source: RKG, October 7, 2026, Table 6.[4]
This table compares the revenue and cost estimates from the Town (RKG) and Developer (Fougere) studies.
Annual amountTown review (RKG)Developer (Fougere)
Estimated Town revenue$587,322$604,531
Estimated cost of Town services−$349,674−$266,847
Net yearly fiscal impact to the Town$237,648$337,684
Property tax the lot pays today−$29,688−$29,688
Increase after subtracting today’s property tax[4]$207,960$307,996

3. More storage for cars means fewer homes for people.

The current plan would provide 96 homes for people and 49 spaces for storing cars. Within a building of the same size, adding storage for cars takes away space for homes for people. Keeping all the homes while adding car storage would require a larger and substantially more expensive building. That choice affects both the Town’s revenue and the customers its neighborhood businesses can serve.

Car storage tradeoffs

Move left for more homes for people, or right for more storage for cars. The current plan has 49 spaces.[8]

Homes for people Current plan96 Slider setting96 04080120 Total spaces for storing cars Current plan49 Slider setting49 04080120
Figure 4. Homes and total car-storage spaces, holding the building’s size constant.[8]

More neighbors boost Town revenue and support local businesses

Homes, residential property-tax revenue, and local customer spending at the selected car-storage setting.
MeasureCurrent planSlider settingChange
Homes for people96960
Yearly residential property-tax revenue[8]$561,457$561,457$0 / year
Estimated yearly customer spending at nearby businesses (2024 dollars)[14]≈$810,000≈$810,000$0 / year (0.0%)

The current plan provides 96 homes, $561,457 in yearly residential property tax, and ≈$810,000 in estimated yearly customer spending at nearby businesses.

The spending estimate uses 2024 national household averages from the Bureau of Labor Statistics (BLS). We assume 100% occupancy and that 50% of spending in the selected categories goes to Coolidge Corner businesses.[14] A survey of Coolidge Corner customers offers context for the value of nearby residents: people who walked or biked were more likely to visit at least twice a week.[13]

96 homes × 100% occupied × $16,882 per household/year × 50% spent locally = ≈$810,000 / year
View the spending categories and national averages.
Annual spending per household, in 2024 dollars.
BLS categoryNational average
Food$10,169
Apparel and services$2,001
Entertainment$3,609
Personal care products and services$978
Reading$125
Total for these categories$16,882
Assumed 50% spent in Coolidge Corner$8,441 per home per year

The Town-sponsored Coolidge Corner Parking Study found empty spaces across the wider area.

The Town’s March 2025 study counted public parking across the study area and in its central shopping area separately. At each area’s busiest observed time, 337 of 1,264 public spaces were counted empty across the wider area, compared with 29 of 363 in the central shopping area.[7]

Public parking at each area’s busiest observed time

Across the study area26.7% empty

927 in use / 337 counted empty · May 2, 2024, noon

Central shopping area8.0% empty

334 in use / 29 empty · May 4, 2024, 7 p.m.

In useCounted empty
Figure 5. The parking counts come from printed page 27 of the Coolidge Corner Parking and Curb Use Study.[7]

4. Articles 15 & 16 address different aspects of the 26 Pleasant plan

The November 2026 Special Town Meeting begins November 17.[10]

Article 15: Zoning amendment

The proposed rules would allow an apartment building up to 85 feet tall. The developer would need a special permit from the Zoning Board of Appeals, and the building’s design would be reviewed. The ground floor could include a business, but the rules would not require one.

Read the November Article 15 PDF

Article 16: Authorization of the Town’s agreement with the developer

The Select Board’s article would authorize a memorandum of agreement (MOA) setting out the developer’s commitments to the Town. The draft calls for improvements for people walking near the property and parking charges that are separate from rent.[6]

Read the November Article 16 PDF

These findings support voting for Articles 15 & 16 to make room for more neighbors in Coolidge Corner, strengthen Town finances, and support local businesses.

Sources, methods, and notes

Project documents were reviewed October 17, 2026; the Census table was checked October 18. Local copies preserve the source versions used here; the notes explain the methods and assumptions.

  1. Article 15 · Proposed zoning overlay ↗Height, floor-area ratio, parking requirements and later review. The local copy is the November warrant article. The linked draft may have different formatting or wording.Local warrant PDF

    Article 15 calls the proposed rules a zoning “overlay”: additional rules that apply only to this property. The article would allow a height of 85 feet and a floor-area ratio of 4.0. That ratio compares the floor area counted under the rules with the land area; 4.0 allows four times the land area. The article excludes parking from that floor-area count. Neither Town Meeting article grants a building permit. The project would still need the reviews and approvals described in the zoning and agreement.

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  2. Article 16 · Agreement authorization ↗Select Board article for the November 2026 Special Town Meeting.Local PDF
  3. Concept plans · Nordblom / The Architectural Team ↗July 10 packet; includes June 22 drawings. 96 homes and 49 spaces (p. 4); existing-use photograph (p. 1) and concept rendering (p. 8). Existing 60-space use is also documented in July 17 reporting.Site plans PDF · Floor plans PDF

    The parking count comes from the concept drawings. The fiscal reports retain a 60-space assumption; the proposed zoning minimum would be 48 at 96 homes, with further reductions possible by special permit. These counts describe different aspects of the proposal.[4]

    These are preliminary plans and still need approval. The proposed article lists 94–96 homes. This page uses the 96 apartments analyzed in the reports and described in the draft agreement.

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  4. Independent fiscal peer review · RKG ↗October 7, 2026. Commissioned by the Town of Brookline. Table 6 compares the two reports using fiscal year 2026 assumptions.Local PDF

    Net fiscal impact means Town revenue minus estimated Town service costs. The ranges in the opening table show the two reports’ estimates, rounded to the nearest $1,000; they are not statistical confidence intervals. RKG uses more conservative public-safety estimates and includes benefits and healthcare costs that Fougere does not fully include. Both reports account for school and municipal services.

    The existing lot’s $29,688 property-tax payment is revenue before service costs; neither report estimates its net fiscal impact. The fiscal table’s final row subtracts this payment from each report’s projected net impact, yielding $207,960 and $307,996. This comparison does not account for the lot’s existing service costs, excise receipts, or CPA surcharge. Subtracting an additional 1% of current property tax for CPA would reduce each comparison by about $297.

    • Total Town revenue includes the Community Preservation Act (CPA) surcharge, which is restricted to eligible projects. It is not all available for general Town expenses. One-time building-permit fees are excluded from the yearly comparison.
    • Both reports assume 60 parking spaces and 58 vehicles for excise receipts; the concept drawings show 49 spaces. We retain the published fiscal totals.
    • These are annual estimates for a completed, occupied building. Assessments, tax rates, occupancy, service costs, and completion timing can change.
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  5. Fiscal impact analysis · Fougere ↗August 10, 2026. Prepared for Nordblom. Apartment counts and mix, existing $29,688 property tax, projected receipts and costs.Local PDF
  6. Draft memorandum of agreement & Select Board presentation ↗Unsigned draft dated September 30, in the October 6 packet; October 6 presentation. 96 homes, including 14 income-restricted homes; what the developer would agree to provide and the conditions that apply. Check for newer versions.Draft agreement PDF · Presentation PDF

    The posted memorandum is unsigned and labeled draft, dated September 30, 2026. The October 6 Select Board presentation says negotiators reached agreement October 2. The June 1, 2032 terms concern obtaining approvals and applying for or acting on permits, subject to the agreement’s conditions. They do not promise completed homes by that date. Later meeting packets may contain newer versions.

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  7. Coolidge Corner Parking and Curb Use Study ↗Prepared for Brookline, March 2025. May 2024 observations. Occupancy: printed pp. 26–27, 42. Shared supply and zoning recommendations: pp. 88–90. Counts represent specific observation periods.Local PDF

    The wider study area and central shopping area were busiest at different times. The wider area’s empty-space count includes eight spaces under construction. The observations cover three days in May 2024 and do not guarantee availability at other times.

    The study also found some nearby streets, including Pleasant Street, quite full at certain times. The counts across the whole study area do not tell us how many cars were parked in the 26 Pleasant lot. The findings support clearer signs, arrangements that let different users share spaces, and better management of existing parking. They do not show that every empty space could be removed.

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  8. Car-storage tradeoff model · Inputs and assumptionsThe model starts with 96 homes and 49 total car-storage spaces and keeps the building’s size constant.Calculations CSV

    We allow 350 square feet per indoor car-storage space, including driving aisles, and 1,000 square feet per home, including walls, hallways, and shared space. These are illustrative assumptions, not measured areas or an architect’s layouts. Every 20 spaces added inside the building use the equivalent of seven homes under these assumptions.

    When reducing parking, the model removes indoor spaces first. The plan’s last 10 spaces are outdoors; removing them frees land but adds no indoor space in this calculation. Housing capacity therefore stays constant from 10 down to zero total spaces. Results above 96 homes illustrate capacity under the model; they exceed the 94–96 homes stated in Article 15.

    Homes = 96 + (49 − max(total car-storage spaces, 10)) × 350 ÷ 1,000
    Yearly residential property tax = homes × $571,144 × $10.24 ÷ 1,000
    Yearly local customer spending = homes × 100% occupied × $16,882 × 50% spent locally

    The assessed value per home ($571,144) and tax rate ($10.24 per $1,000) come from the Town-commissioned RKG review. The slider estimates residential property tax only. The fiscal reports’ total Town revenues also include CPA and other receipts, and their net fiscal impacts subtract Town service costs. The slider does not recalculate those broader totals or costs. RKG’s rounded valuation inputs can also produce small differences from its published property-tax figures.[4]

    The model holds space and value per home, occupancy, and spending per household constant. Layouts, ramps, structural supports, and parking location would affect which spaces could become homes. It does not recalculate income-restricted units or evaluate financing and construction feasibility. Article 15 excludes parking from the floor area counted under zoning; this model concerns physical building space.[1] Calculations retain fractional home capacity; the display rounds homes to one decimal place, taxes to whole dollars, and spending to the nearest $1,000.

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  9. Brookline inclusionary zoning · §4.08 ↗The bylaw rounds a fraction up only when it is at least 0.5. For 96 homes, 96 × 15% = 14.4, so the requirement is 14 income-restricted apartments.
  10. Town Meeting materials & current proposal hub ↗November 2026 articles, meeting dates, and subsequent reports. Planning Department’s proposal hub links the plans, fiscal peer review, and agreement.
  11. American Community Survey · Table B250442020–2024 five-year estimates, Census Tract 4002.01, Norfolk County, MA (GEOID 25021400201). Estimates and margins of error verified in the Census public table on October 18, 2026.Source CSV · Column definitions · Table notes · Calculated percentages

    A census tract is a statistical area, rather than a boundary for the commercial district. The annotated map from the earlier analysis locates the property within that tract.

    These denominators are estimated occupied households, not survey sample sizes or numbers of people. The source reports 1,033 renter households (±328), including 611 with no vehicle (±333), and 627 owner households (±184), including 92 with no vehicle (±54). “Vehicles available” is the ACS measure; it does not necessarily mean legal ownership.

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  12. Census guidance · Margins of error for derived estimatesApproximate 90% confidence intervals, calculated from the ACS’s published margins of error using Census guidance for proportions.Local guidance PDF

    For a proportion p whose numerator is part of its denominator, MOE(p) = √[MOE(numerator)² − p² × MOE(denominator)²] ÷ denominator. Multiplying by 100 expresses that margin in percentage points. For all households, we combine the owner and renter no-vehicle counts and approximate their combined count margin as the square root of the sum of squared margins. Figure 2 shows each percentage plus or minus its derived margin; the linked CSVs in note 11 contain the inputs and results.

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  13. CTPS · Transportation Access Studies of Central Business DistrictsNovember 2019, §2.3. Reviews the 2014 Coolidge Corner customer survey: visitors on foot or bicycle were more likely to visit at least twice weekly. This provides context about repeat customers; it does not supply the spending amounts or local-share assumption.Archived report HTMLReturn to the analysis ↑
  14. BLS · Consumer expenditures in 2024Report 1119, August 2026, Table 2. National annual averages for food, apparel and services, entertainment, personal care, and reading total $16,882 per consumer unit. All spending estimates on this page are in 2024 dollars.Archived report text · Selected category data CSV

    The existing private lot has no resident households. Its $0 in the opening table refers to spending by people living on the site, not purchases by drivers who use the lot.

    We assume 100% occupancy, one BLS consumer unit per home, and 50% of spending in the selected categories occurring in Coolidge Corner. A consumer unit is a person who pays their own expenses or a group sharing major expenses; we treat it as one household. The national averages have not been adjusted for Brookline prices, future residents’ incomes or household sizes, or inflation after 2024.

    The 50% local share is our assumption, not a BLS or Coolidge Corner survey finding. It allows for purchases online and elsewhere. A 25% local share would halve every spending estimate. The selected categories exclude housing, transportation, healthcare, and other expenditures.

    The estimate describes residents’ purchases at nearby businesses, separate from Town revenue. It does not estimate profits, apply an economic multiplier, or measure net growth in neighborhood or regional sales. Some future residents may already shop here, and some purchases may replace sales to other customers.

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