WinnDevelopment has actually begun on the $19.2 million redevelopment of New Bedford’s Cliftex Mill structure. The job is approximately 60 miles south of Boston.
The 114-year-old structure will certainly be exchanged a 71-unit mixed-income housing growth for grownups over 55 years of ages. The majorority of the systems will be reserved for renters gaining 60 percent or less of the area’s mean income. Services are prepared to include a gym as well as resident lounge. The job is slated to be completed in August of 2021.
“We’re thrilled to begin work on an expansion of Manomet Place,” said Adam Stein, executive vice head of state at WinnDevelopment in a declaration. “We initially pictured this project back in 2012, when we helped this residential or commercial property make a place on the National Register of Historic Places. Currently, we have the chance to produce a true mixed-income area that integrates the budget friendly, labor force as well as market price real estate that seniors in the New Bedford area frantically require.”
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David Cohen is Southeast Content Supervisor at Link Commercial Realty. David is a media professional with greater than ten years of experience in journalism, copywriting as well as communications throughout a range of duties.
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Published at Thu, 01 Apr 2021 21:09:37 +0000