Using the currently $12.6 million purchase price, the town could build about 360 apartment units on the site, which is a "substantial amount," so Van Winkle said the town stepped away from that option. The town could also build single-family housing, but because of the site's wetlands, the property could only be divided into less than 100 lots, which would not be economically feasible at the current purchase price point, he said.