Construction Starts on Stoneham MF Development  

Construction has commenced at The Devon at Weiss Farm, a 259-unit multifamily project located on a 25-acre site in Stoneham, MA. This LEED Silver-rated development, situated on a dairy farm with wooded surroundings and walking paths, will offer 12 townhomes, a 5,000-square-foot clubhouse, and the first building with 64 apartments, with completion scheduled for June 2025.  

“Our great team is in place and with construction underway on this exciting project, we soon will be able to deliver much needed housing to a market in need of supply,” said Peter Mahoney of John M. Corcoran and Company. “We believe that our offering will not only introduce new housing options for local residents but draw new people to the community.” 

25% of the housing will be affordable under Massachusetts’ Chapter 40B law, with amenities including a fitness center, pet spa, and outdoor pool. Leasing is slated to commence in early 2025. 

Register today for Connect Phoenix Multifamily & Single-Family Build-to-Rent, scheduled for April 18 at the Westin Kierland Resort & Spa, Scottsdale, AZ.