Acton, MA – Peabody Properties and Common Ground Development Corporation (CGDC), a nonprofit subsidiary of Community Teamwork, announced the groundbreaking for Tavernier Place, a new construction of 31 one-bedroom affordable rentals for seniors ages 62 and up and individuals with disabilities, located at 446 Massachusetts Ave. in Acton. The groundbreaking ceremony took place on March 25.
The ceremony also celebrated Acton resident, Nancy Tavernier, who has spent decades advocating for, and making possible, more affordable housing opportunities in Acton. Among the speakers who addressed Acton’s support for affordable housing and Nancy Tavernier’s dedication were Senator James Eldridge, Middlesex and Worcester; Representative Danillo Sena, 37th Middlesex District; a representative from the Office of Congresswoman Lori Trahan, Third Congressional District; David Martin, chair of the Acton Select Board; Clark Ziegler, executive director, Massachusetts Housing Partnership; Carl Howell, chief program officer of CTI; and Janet Adachi, chair of the Acton Community Housing Corp. Steven Joncas, director of real estate development for Common Ground Development Corp., emceed the event.
At the conclusion of the event, Tavernier spoke in gratitude of this recognition, and on the importance of enough affordable housing, especially for seniors.
The 3-story building will include an exercise room, community room, outdoor bicycle racks, on-site management, extra storage space, lobby area with a three-season screened-in porch and two elevators, as well as a robust service plan to address the needs of the elderly population, provided by Peabody Properties.
“We are honored to have been selected to manage another Acton community,” said Karen Fish-Will, principal and CEO of Peabody Properties, which also manages Old High School Commons. “We look forward to welcoming new residents soon, and providing another affordable option for our seniors.”
The project team for Tavernier Place also includes Maugel Architects, Inc., architect, and Dellbrook|JKS, construction. The project is expected to be completed later this year.
Steven Joncas, director of real estate development for CGDC, stated, “We are thrilled to be selected as the developer for this project. Tavernier Place will offer much needed affordable rental units. Our entire team is grateful for the support Tavernier Place received from the town of Acton and our financial partners and we owe much gratitude to Nancy Tavernier for her leadership.”
Funding sources for the project include Massachusetts Housing Partnership, Department of Housing and Community Development (DHCD), Community Economic Development Assistance Corporation (CEDAC), Eastern Bank, MassHousing, RBC Capital Markets, and Acton Community Housing Corporation.