Essex St Melrose

The Essex Street multifamily development is a 76-unit multifamily mixed income rental development. The site is located within walking distance of the MBTA Cedar Park commuter rail Haverhill Line stop and two MBTA bus stops as well as all Melrose downtown amenities. The address has a walk score of 93, which is characterized as a “walker’s paradise.” The project is being developed under Massachusetts General Laws Chapter 40B and has received an initial finding of Project Eligibility from the Massachusetts Housing Finance Agency (MassHousing). By redeveloping an underutilized parking lot the site is being optimized to provide the denser, transit-oriented development desperately needed by the Commonwealth.