WinnCompanies Completes Holyoke Seniors Adaptive Reuse
WinnCompanies has completed a $55.3-million adaptive reuse that transformed a long-vacant, historic mill complex into 88 affordable apartment homes for seniors ages 55 and older.
The project in downtown Holyoke, MA created Residences on Appleton, featuring new loft-style apartments created within three interconnected, 111-year-old industrial buildings that were vacant for decades. The community reached full occupancy in December, less than three months after it opened.
“This effort preserved an iconic feature of Holyoke’s proud industrial legacy, created much-needed housing for seniors who want to stay in the community they love, and provided an economic boost to the city’s downtown,” said WinnDevelopment chairman Larry Curtis. “We hope to begin work soon on a second phase that will deliver 75 additional apartments in an adjacent part of the complex.”
The project transformed part of what was once the largest alpaca wool mill complex in the world.
Other News
Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
Learn more
80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
Learn more
312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout