NEI Begins Construction on Newest TOD in MA

The six-story development will be adjacent to the Beverly Depot commuter train station. The 112 Rantoul St. team includes women-owned businesses Barnat Development, ICON Architecture and McDermott Ventures.

By IvyLee Rosario

Rantoul_groundbreakingNEI began construction on 112 Rantoul St., a transit-oriented mixed-use development in Downtown Beverly, Mass.

The six-story, 66,000-square-foot project will include 67 units comprising studio, one- and two-bedroom floorplans. Located adjacent to the Beverly Depot commuter train station, the building will be constructed with a wood structure over a steel structure, which will house both retail and business spaces that will be occupied by a cafe or a gourmet food store. Residents will have access to amenities such as a rooftop deck with a view of the harbor and up to 70 parking spaces. 

The 112 Rantoul St. team includes women-owned businesses Barnat Development, ICON Architecture and McDermott Ventures. Also on the team are McPhail Engineering, Meridian Associates, and Terrence McDermott Esquire. 

Image courtesy of NEI

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