Boston & New England CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Historic Worcester Boys Club Incorporated into Age-Restricted Housing Development
Massachusetts Gov. Maura Healey and Worcester city officials cut the ribbon Wednesday on The Residences on Lincoln Square, a hybrid development that transformed the historic Worcester Boys Club building into 16 apartment homes and community spaces, while erecting an adjacent 64-unit, five-story apartment development. The $51-million project from WinnCompanies delivers 80 affordable, energy-efficient apartment homes for adults 55 and older.
The community is fully leased. Sixty-eight apartments are leased to households earning up to 60% of Area Median Income (AMI) and 12 units are occupied by those earning up to 30% AMI. Eleven serve as housing for residents with disabilities.
“In one of the state’s most essential housing markets, the Residences on Lincoln Square provides the senior population of the Worcester area a long-term home of outstanding quality and convenience,” said WinnCompanies CEO Gilbert Winn. “Reviving this iconic building has been a city priority for two decades. An innovative development plan and the fantastic support of our public and private partners finally made it happen.”
- ◦Development
