Active Development
Essex St Melrose
Project Overview: The Essex St project involves the development of a 80-unit multifamily residential apartment building under the state 40B law. This project aims to transform an underutilized parking lot into an upscale, mixed-income residence.
Key Features:
Location: Prime spot in Melrose, enhancing the city's urban landscape.
Transit-Oriented Development: Once completed, this project will exemplify transit-oriented development, providing easy access to public transportation in Greater Boston.
Community Impact: The project is designed to meet the housing needs of a diverse population, offering a mix of affordable and market-rate units.
Project Status:
Current Phase: Approved by Melrose Board of Appeals
Expected Completion: Dec 2026
Greenwood St Melrose
Project Overview: The Greenwood St project features a 40-unit multifamily residential development, which includes one elevator-fed building with 39 units and the renovation of an existing historical single-family home into the 40th unit.
Key Features:
Historical Preservation: The renovation of the historical home adds unique character and value to the project.
Mixed Income Living: The project is being developed under the state 40B law. It will feature 20% of units for those earning at or below 80% of the areas mean income with the remaining units offered at market rates, fostering a vibrant and inclusive community.
Modern Amenities: The new building will provide modern amenities while maintaining the historical charm of the site.
Project Status:
Current Phase: Approved by Melrose Board of Appeals
Expected Completion: To be announced
Franklin St Melrose
Project Overview: The Franklin St project is a new 60-unit multifamily residential apartment building in the desirable Melrose Highlands neighborhood. This development aims to provide high-quality housing options while fostering a vibrant and inclusive community.
Key Features:
Neighborhood Focus: The mixed-income model provides accessibility and affordability for a broad spectrum of residents, promoting economic diversity within the neighborhood.
Transit-Oriented Development: Conveniently situated within close proximity to the Melrose Highlands Commuter Rail Station, providing seamless access to Boston and surrounding areas.
Sustainability: Incorporating energy-efficient building materials and systems to reduce environmental impact.
Project Status:
Current Phase: Seeking Project Eligibility from MassHousing
Project Completion: To be announced
