Housing Headlines

CONCORD --- Trammel Crow Residential developers are struggling to find investors for a large 40B apartment complex, raising concerns among town officials that construction will not begin in time to stave off other developments. Of the 350 rental units, 88 would be designated as affordable for lower-income renters. If Trammel Crow does not take out a building permit by November, a year from when the project received approval from the town, the state will no longer count the 350 proposed units towards Concord's 10 percent affordable housing.

LENOX --- LD Associates developers recently submitted a proposal to the town for the construction of several three-story buildings consisting of 75 condominium units on undeveloped land behind the Aspinwell shops. The developers plan to designate 10 percent of the two-bedroom units as affordable, to be priced around $160,000.

BOSTON --- The Boston Redevelopment Authority's board recently approved a project change for the $21 million Cheriton Heights project in West Roxbury. The complex will now consist of a six-story building with 70 affordable elderly rental units with construction expected to begin in December.

WESTPORT --- The town meeting recently voted to approve a new zoning district at the east end of Route 177 to allow for a 54-unit affordable housing development. The Noquochoke overlay district will allow for greater density at the proposed Noquochoke Village development. To address affordability issues, at least 30 percent of the units will be designated as affordable.

LEXINGTON --- Lexington Place at the Center owners recently announced that tenants will be able to move into the mixed-use complex starting in June. The property includes a mix of 27 condominiums, three affordable housing units, and retail space on the first floor. The affordable housing units consist of two, two-bedroom units selling for about $170,000 each and a one-bedroom unit selling for around $140,000.

HAMILTON --- A non-profit developer recently expressed interest in converting a former fire station into affordable rental apartments. The building presently holds an area food pantry but Harborlight Community Partners wants to renovate the space to include three studio apartments on the second floor and a one-bedroom, handicapped-accessible apartment on the first floor. All of the apartments would be affordable for those making between 50 percent and 65 percent of the median household income.