Everett, MA – Bald Hill Builders (BHB) announced it is partnering with The Neighborhood Developers (TND) and The Architectural Team (TAT) on the St. Therese project in Everett, located at the site of the former St. Therese Parish.
St. Therese will include a new building on Broadway with 77 affordable rental homes for seniors aged 62 and older, with a new health center on the ground floor to serve building residents and members of the broader community. More than one-third of the homes will be restricted for households earning up to 30% AMI.
The redevelopment will also include six new three-bedroom townhouse condominiums, which will be for sale at below-market prices: three homes restricted for households earning up to 80% AMI and three for households earning up to 120% AMI. Representatives of BHB say these homes will help fill a gap in the housing market in Everett, where there is a minimal supply of three-bedroom homes for sale and where housing prices continue to rise.
East Boston Neighborhood Health Center will operate the health center through its Neighborhood PACE program, which provides comprehensive care and support for seniors, including preventive care, specialist visits, prescription drug coverage, and health and wellness programs. Building amenities will include a community room, fitness room, on-site management office, laundry, and parking.
Additionally, redevelopment of a pocket park will be accessible to the residents and the public. It will incorporate architectural elements from the church building, as well as an exhibit to honor the history of the St. Therese Parish. The project is set to be completed in July.