Housing Headlines

LAWRENCE --- Winn Development recently announced that work will begin on the Malden Mills complex sometime this fall. The complex will consist of 75-units of housing in two rehabilitated former mill buildings on 11 acres of land. 72 of the 75 housing units will be designated as affordable with monthly rents ranging from $900 to $1,100. The site will also include retail and office space to be constructed at a later date by College Street Management.

BOSTON --- The Boston Redevelopment Authority (BRA) board recently approved plans for two new mixed-use developments in Boston neighborhoods. The first project, a 21-story mixed-use building in the South Boston Waterfront neighborhood named The Waterside Place, will consist of 234 residential units and 72,000 square feet of retail space. The second project, known as the Dudley Greenville project, will consist of 43 rental units as well 3,000 square feet of retail and commercial space. All residential units in the Dudley Greenville project will be affordable to residents earning at or below 60 percent of the area median income.

ARLINGTON --- The Housing Corporation of Arlington (HCA) recently signed a purchase and sale agreement to buy three apartment buildings and convert them into 32 units of affordable housing. The town will provide funding for this project through the Community Development Block Grant (CDBG) program and HCA also plans on applying for state funding in September.

LOWELL --- A residential project that will be completed in April has set a schedule to field applications and host a lottery for 130 units of affordable housing units that will cater to the local artist community. Applications for the $60 million project will be accepted starting in November with the lottery being held in early January.

BERLIN --- The developers of the Riverbridge project recently began work on the 470,000 square foot development that will turn 26 acres of a former farm into commercial and residential space. The completed project will include 130,000 square feet of commercial space for offices, retail shops, and restaurants, 115 apartments and condominiums, and a 175,000 square foot continuing-care retirement community.

SOMERVILLE --- The state legislature recently passed a bill allowing the Somerville Housing Authority (SHA) to turn an unused piece of land into 26 units of affordable senior housing. The proposed development space is adjacent to the Visiting Nurse Assocation (VNA) senior assisted living facility and SHA's Capen Court project.