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.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.