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Drew Company Receives $28M from Rockland Trust for Scituate Development
Boston-based The Drew Company has closed with Rockland Trust Bank on a $27.6 million construction loan for a 109,842 mixed-use project in Scituate, MA
SkySail at Driftway consists of six buildings with 78 rental units (12 income restricted), 8,914 square feet of retail and commercial space and 160 parking spaces. The development is located adjacent to the MBTA Greenbush Commuter Rail Line and minutes from Scituate Harbor.
“The loan enables us to expand our work on the South Shore of MA with this project, intended to enhance the vibrant community in Scituate and bring a best-in-class residential experience with complimentary amenities to the area,” said John Drew, president of Drew Company.
“The project will also bring innovative features both indoor and outdoor to provide a productive work-live environment as well as ease of access to transportation options to and from Boston.”
- ◦Financing
