Belmont actually built a couple of rather handsome mixed-use buildings in Waverley in the last couple of years!
https://www.google.com/maps/@42.3875039,-71.1898183,3a,71.6y,28.95h,96.84t/data=!3m6!1e1!3m4!1s-z2ZSKBfxLRZWKqZtzpVwQ!2e0!7i16384!8i8192?hl=en
What the town really needs to do is...