WinnDevelopment to Develop Mixed-Income Housing

| September 27, 2017

Attleboro, MA – WinnDevelopment, the development arm of WinnCompanies, has been awarded the financing needed to acquire a historic jewelry factory in Attleboro and redevelop the site into 91 units of mixed-income housing.

The $36 million adaptive reuse project will retain the exterior of Mechanics Mill, a four-story, 137,800sf historic brick building, while converting the interior into modern apartment homes for residents 55 and older, including a suite of amenities and adult day care services for individuals suffering cognitive and mental impairment.

Construction is expected to begin in March 2018 with completion in July 2019. The Architectural Team of Chelsea is the architect on the project, and Keith Construction of Canton is acting as the general contractor.

A true mixed-income effort, 56 of the 91 units to be constructed at the property will be available to individuals earning 60% of area median income (AMI) or less, with 35 units (approximately 40%) available at market rate rents and no income restrictions.

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Category: All, Multi Residential