TND and EBNHC provide affordable housing and healthcare with new development
“Everett, MA In a partnership, The Neighborhood Developers (TND), a leading affordable housing and community development organization, and East Boston Neighborhood Health Center (EBNHC), Massachusetts’ largest community-based primary care health system, unveiled the new St. Therese development on Broadway. Pairing quality, affordable home ownership and rental opportunities with easy on-site access to healthcare and wellness services for older adults, St. Therese brings a combination of affordable housing and healthcare resources to Everett seniors and their families.
TND’s first development in Everett, St. Therese includes 77 affordable rental apartments all occupied by seniors aged 62 and older, and six three-bedroom townhomes for sale at below market prices. Fully occupied, the rental apartments include 30 units, available at up to 30% area median income (AMI), and 47 units for individuals with up to 60% AMI. Three of the town homes are available to households with up to 80% AMI and three for households with up to 120% AMI.
“The creation of affordable housing units and increasing accessibility to quality health care are critical for us to ensure that Everett families can remain here in our community in the future,” said Everett mayor Carlo DeMaria. “I would like to thank everyone involved in the St. Therese project who shared in our commitment to helping our residents who are in need of affordable housing by making this project a reality.”
https://nerej.com/tnd-and-ebnhc-provide-affordable-housing-and-healthcare-with-new-development
The project
Associated townhomes
The church that was there before
Completed project
Previously completed townhomes
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https://baldhillbuilders.com/portfolio/st-therese/
My only concern with this is if you release the developer from environmental liability, how do you know they really cleaned up the site? That site cleanup is $$$$$ -- lots of Benjamins in reasons to skimp on the cleanup. (Not that developers ever skimp like that )Davis Cos.’ Acquisition of ExxonMobil Property Back in Play
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“The sale of the 100-acre ExxonMobil fuel storage facility in Everett is progressing as a proposed environmental cleanup could clear the way for a multi-million-square-foot redevelopment.
Boston-based developer The Davis Cos. is seeking approval from Massachusetts environmental regulators of an agreement that would release it from liability in exchange for a removal of contaminated soil and groundwater.
The Davis Cos. will redevelop the site as multifamily housing and a wide range of commercial uses ranging from manufacturing to life sciences, retail, office space and a hotel, according to the filing.
In August 2022, Davis Cos. executives presented preliminary plans to the Everett City Council for a 4.2 million-square-foot redevelopment including housing, research labs and retail space, but the acquisition has been delayed.
The property is located in an industrial section of Everett that’s been the epicenter of the city’s development activity in recent years. The properties off Beacham Street are located just north of the Constellation Energy power plant property, where the Kraft Group is seeking to build a professional soccer stadium for the New England Revolution.
Everett officials envision the Lower Broadway area near the Mystic River as part of a new “destination district” that replaces the legacy heavy industrial uses with hotels, concert halls and retail space overlooking a cleaned-up waterfront…”
https://bankerandtradesman.com/davis-cos-acquisition-of-exxonmobil-property-back-in-play/
Sky Everett has an ArchBoston page already.No plans yet but this will be next to the Stop and Shop??
SKY Tower Everett
https://www.skyeverett.com/
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