Medford, MA Infill and Small Developments

$97M in Financing Secured for 350 Unit Project in Medford​


“The development site at 4000 Mystic Valley Parkway in Medford has been acquired for $20,537,500 and closed on $97,625,000 in financing through Truist Bank. Current plans call for 350 residential units with ground-floor commercial space. The project has been in the works since 2019.”


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$97M in Financing Secured for 350 Unit Project in Medford

$97M in Financing Secured for 350 Unit Project in Medford
www.bldup.com www.bldup.com
 

The Clayborn​

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$84M in Construction Financing Secured for Medford Multifamily​


“$84,163,000 in construction financing has been closed on through First Citizens Bank & Trust for The Clayborn along Fellsway in Medford. The 289-unit mixed-income housing development includes a 6-story apartment building and complementary townhomes….”


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$84M in Construction Financing Secured for Medford Multifamily

$84M in Construction Financing Secured for Medford Multifamily
www.bldup.com www.bldup.com

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h-o.engineering

The Clayborn - 970 Fellsway, Medford, MA - H+O Structural Engineering

h-o.engineering h-o.engineering
 
stick n move said:

The Clayborn​

​

$84M in Construction Financing Secured for Medford Multifamily​


“$84,163,000 in construction financing has been closed on through First Citizens Bank & Trust for The Clayborn along Fellsway in Medford. The 289-unit mixed-income housing development includes a 6-story apartment building and complementary townhomes….”


h-o.engineering

The Clayborn - 970 Fellsway, Medford, MA - H+O Structural Engineering

h-o.engineering h-o.engineering
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Wow - at almost 8 acres that's a pretty big property. TBH, 289 almost seems not particularly ambitious?

Also is right against the old ROW - I wonder if there was any conversation about the desired Greenway extension with the town?
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I looked for some of the documents and it appears this is what the current site layout looks like. The building facade has changed from this a bit, but this is probably closest to representing the final layout with 6 condos. I could only find it at the corner of this image, so kinda crappy quality.
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Compared to previous.
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Apparently half of the condo’s were cut out (I wonder why…). That sucks and makes the street wall much worse. They used to line almost the entire street. How do nimbys think this makes anything better, I dont get it.
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This is the most important view because this is what you would have seen coming down the street the building is on.
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Now you have so much empty street wall.
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The old condos looked better too tbh with the front stoops and how they came up to the street. The new design above with the middle 2 pushed back just looks like one big 3 story building pretending to look like condos.

Residences at Fellsway - Chapter 40B Comprehensive Permit Application - DIV Fellsway, LLC.pdf

drive.google.com drive.google.com
 
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This is a bit of a transit no-man’s land despite being relatively close to the core (less than 2 miles from Assembly). This location would be served well by a south Malden infill OL station if it ever materializes. Malden has dozens of acres of crappy 1-story industrial uses in the vicinity that would become prime redevelopment property. Unfortunately, I don’t think the current Malden administration is very pro housing/redevelopment.
 

The Residences at Wellington Station​


270+ Units Planned to Replace Medford Radio Station​



“Plans have been filed for a mixed-use project at 97-99 Revere Beach Parkway in Medford. The developer would demolish the existing radio station building, radio broadcast towers, utility structures, and parking lots to construct a new building consisting of 276 dwelling units, 10,000 SF of amenity spaces and 2,000 SF of ground floor retail……….”

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270+ Units Planned to Replace Medford Radio Station

270+ Units Planned to Replace Medford Radio Station
www.bldup.com www.bldup.com


Definitely nice to see esp with 10 revere beach pkwy filling in another lot right up the street.

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The new road created by this project is officially named Mary Kenney Way. They started rock blasting over four years ago. It’s been the slowest project ever. I think it was approved over 10 years ago. The houses look very strange so close together and right up against the ledge created from leveling out the site against a hill. I feel bad for the property owner at 553 Winthrop Street set back from it on top of the hill.
 
stick n move said:

The Residences at Wellington Station​


270+ Units Planned to Replace Medford Radio Station​



“Plans have been filed for a mixed-use project at 97-99 Revere Beach Parkway in Medford. The developer would demolish the existing radio station building, radio broadcast towers, utility structures, and parking lots to construct a new building consisting of 276 dwelling units, 10,000 SF of amenity spaces and 2,000 SF of ground floor retail……….”


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Really curious to see what Medford does with this and how it links up with the Air Rights concepts at Wellington from 3 years ago...
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SomervilleRed said:
The whole thing is God awful. When you see the concreted ledge behind the houses with your own eyes... :eek:
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Yeah the renderings that were posted don’t really capture the scale and abruptness of the ledge they created by excavating the site from the side of the hill. 40 feet high does appear accurate from the rendering in terms of the actual height, but that means those houses in the back are at or below the crest of the ledge. The ledge wall is east-facing so I can’t imagine too much morning light in the winter as the sun rises in the southeast (with the other houses as obstructions too). And I think each SFH starts at like $1.8 million because it’s new construction. I’ve wondered what the value was of all the aggregate the developer dug out from the hill for years before they could start actually building houses.
 
WestMedford said:
Yeah the renderings that were posted don’t really capture the scale and abruptness of the ledge they created by excavating the site from the side of the hill. 40 feet high does appear accurate from the rendering in terms of the actual height, but that means those houses in the back are at or below the crest of the ledge. The ledge wall is east-facing so I can’t imagine too much morning light in the winter as the sun rises in the southeast (with the other houses as obstructions too). And I think each SFH starts at like $1.8 million because it’s new construction. I’ve wondered what the value was of all the aggregate the developer dug out from the hill for years before they could start actually building houses.
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The design and the renders look more like a product of AI than anything else.
 
600 rivers edge drive.

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“The 600 Rivers Edge project represents the third phase of the Rivers Edge mixed- use riverfront redevelopment in Medford, Massachusetts. This new 283,627 SF seven-story mixed-use residential building will expand the vibrant, transit-oriented community along the Malden and Mystic Rivers.


Designed & constructed as a luxury multifamily building, the project features 224 residential units supported by a structured parking garage with 180 spaces…..”

600 River's Edge III - Dellbrook | JKS

Dellbrook JKS
www.dellbrookjks.com www.dellbrookjks.com

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stick n move said:

The Clayborn​

​

$84M in Construction Financing Secured for Medford Multifamily​


“$84,163,000 in construction financing has been closed on through First Citizens Bank & Trust for The Clayborn along Fellsway in Medford. The 289-unit mixed-income housing development includes a 6-story apartment building and complementary townhomes….”


clayborne.webp


$84M in Construction Financing Secured for Medford Multifamily

$84M in Construction Financing Secured for Medford Multifamily
www.bldup.com www.bldup.com

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h-o.engineering

The Clayborn - 970 Fellsway, Medford, MA - H+O Structural Engineering

h-o.engineering h-o.engineering
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This has broken ground.

 
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