Boston Senior Housing to Preserve Historic Mill
- Sep 17, 2015
Boston—The Commonwealth of Massachusetts has awarded funding for a senior-housing development at Ludlow Mills in the western part of the state. The property will be one component of the Ludlow Mills Preservation and Redevelopment Master Plan, whose goal is to create a mixed-use property on 170 acres of a former mill complex on the Chicopee River.
The $1.4 million in state Department of Housing and Community Development funding will allow the project, which is being undertaken by WinnDevelopment, to proceed. The development has already received a $3 million state historical tax credit.
The project will include 75 units of senior housing, including one- and two-bedroom units available to both singles and couples. Altogether, 66 of the units will be affordable. Fifteen of the units will be reserved for seniors earning less than 30 percent of area median income.
The project will preserve a historic mill building, Building 10. The four-story, 99,440-square-foot building was originally built in 1907 and is on the National Register of Historic Places. In the early 20th century, the Ludlow Manufacturing and Sales Co. had more than 60 buildings on the site, at which workers produced yarns, rope, twine and webbing.
WinnDevelopment, which is the development arm of WinnCompanies, is no stranger to this kind of development. In total, the company has completed 28 adaptive reuse projects in the last 30 years, creating more than 3,000 units of affordable and mixed-income housing. Other WinnDevelopment projects currently under way include the Malden Mills complex in Lawrence, Mass., the Sibley Building in Rochester, N.Y., and the Livingston School property in Albany, N.Y.