Northampton, MA – MassDevelopment has announced the sale of a 23.37-acre parcel at Lot 1, Olander Drive in Village Hill Northampton to North Commons at Village Hill, LLC, an affiliate of The Community Builders (TCB), which will build a 53-unit mixed-income multifamily housing facility on the parcel. Construction of the new facility, named North Commons, is expected to be complete in 2022.
North Commons will include 12 units that will be rented to households earning no more than 30% of area median income, 27 units that will be rented to households earning no more than 60% of area median income, and 14 units that will be rented to workforce households.
The building will be constructed with energy efficiency standards, all of which will reduce the building’s external energy demand. In partnership with the Village Hill Northampton community, TCB plans to build a neighborhood recreation area at North Commons that will feature a playground, pavilion, picnic tables, and an open-grass lawn.
TCB has also conveyed over 18 acres of the property, known as Mill River Greenway, to the city of Northampton as conservation land.
