Maggiore Companies Constructing 50-unit Mass Ave Condo Community in Arlington
https://api.whatsapp.com/send?text=Maggiore+Companies+Constructing+50-unit+Mass+Ave+Condo+Community+in+Arlington https://bostonrealestatetimes.com/maggiore-companies-constructing-50-unit-mass-ave-condo-community-in-arlington/
“Arlington, MA–Demolition is complete and construction will soon be underway for
Majestic Mill Brook, a mixed-use development featuring 50 luxury condominiums and 1,700 square feet of retail.
Located just outside Arlington Center at 1025 Massachusetts Ave., this transit-oriented condominium community is being developed by Woburn-based The Maggiore Companies and marketed by long-time partner The Synergy Group of Winchester.
Designed by Winchester-based Harrison Mulhern Architects, the five-story condominium complex is being constructed on a 1-acre-plus site that was previously home to a pair of residences that Maggiore acquired in 2023. The complex will overlook the historic Mill Brook, where seven mills once operated, including the nearby Old Schwamb Mill, the oldest continuously operating mill site in the United States. Majestic Mill Brook will be comprised of 1, 2, and 3-bedroom units, with 25% of the units designated as affordable for households earning at or below 80 percent of AMI (Area Median Income).
“By offering a mix of market-rate and affordable units, Majestic Mill Brook will provide much-needed homeownership opportunities for young families, seniors seeking to downsize and remain in the area, and working-class individuals,” said Matthew Maggiore, president of The Maggiore Companies. “The transit-oriented neighborhood is rich with amenities and close to Spy Pond as well as a number of parks and sports fields.”
https://bostonrealestatetimes.com/m...0-unit-mass-ave-condo-community-in-arlington/