Conversion Of Former Mill Complex Into Multi-Family Apartments

Owner
Perkins Place, LLC

Development Managers
Mira Development, LLC

Location
Perkins Street, Lowell, MA

Project Overview
The redevelopment of the former Hub Hosiery and McQuade mill buildings, with a cumulative gross square area of approximately 210,000 square feet, into a multi-family development consisting of 183 market rate apartment units.   These two buildings were originally constructed in circa ( 1870-1909 era ) and represent the last phase of the redevelopment of the former Lawrence Mills Complex.  During the early part of the 20th century, the Lawrence Mills Complex consisted of over 1 million square feet and was a significant part of Lowell’s textile industry.  Located in close proximity to the Tsongas Arena, the LaLacheur baseball park and UMass-Lowell’s North Campus, the redevelopment of these historic structures is now playing an important role in the re-genesis of Lowell from a 20th century industry center to a  mixed use, urban center. 

Redevelopment Plan
79 – Two Bedroom  Units; 104 – One Bedroom Units
Average Unit Size – 976 Square Feet
Located on the LRTA System

Project Architect
Ganec Associates

Total Development Costs
Approximately $30 million

Legal Counsel
Flood & Hartigan; Sherin & Lodgen

Schedule
Start of Construction - Fall of 2007 (tentative)

Conversion Of Former Fuel Oil Terminal Into Mixed Use Development

Owner
Charter/Mt. Auburn, LLC

Development Manager
Mira Development, LLC

Location
33 Mt. Auburn Street, Watertown, MA

Project Overview
The redevelopment of a former fuel oil terminal situated on a 13,600 square foot parcel of land into a high density, mixed use project consisting of below grade parking, ground floor retail and four levels of multi-family residential.  Capitalizing on its central location in Watertown Square and close proximity to public transportation, the project is a shining example of a smart- growth, urban infill redevelopment that will play an integral part in the current re-birth of the Watertown Square area.  

Project Architect
Daniel Winny Architecture (preliminary design)
VHB (permitting)

Total Development Costs
TBD

Legal Counsel
TBD

Schedule
Preliminary Design – Fall of 2007