WinnDevelopment begins work on $ 19.2 million project to add 71 units to senior community in New Bedford
BOSTON – WinnDevelopment has announced that it has started construction to convert the remainder of the historic Cliftex Mill building in New Bedford, MA, into 71 mixed-income housing units for adults aged 55 and over, as well as a facility to provide on-site support services for seniors.
The adaptive reuse of the 114-year-old, five-story brick building will complement the residential development of Manomet Place, a limited-age 76-unit apartment community that WinnCompanies opened in part of the factory renovated in 2013. currently 170 applicants on the waiting list for Manomet Place, which is managed by WinnResidential.
“We are delighted to begin work on an expansion of Manomet Place,” said Adam Stein, Executive Vice President of WinnDevelopment. “We first considered this project in 2012 when we helped this property secure a place on the National Register of Historic Places. Now we have the opportunity to create a true mixed income community that combines the affordable, labor-intensive and market-rate housing that New Bedford area seniors desperately need.
Of the 71 new apartments, 56 will be available for seniors earning less than 60% of the area’s median income (MAI), and 15 units will be available at 100% MAI, providing a housing component for the workforce. work to middle-income households that are not eligible. for traditional affordable housing subsidies but cannot afford to pay rents at market rates.
“I am pleased with WinnDevelopment’s continued transformation of the Cliftex site into senior housing,” said New Bedford Mayor Jon Mitchell. “This project will add more high-quality living options for the city’s seniors, while preserving a building of historic significance for significant new use by residents.
The $ 19.2 million project is funded by a variety of sources, including loans from the Massachusetts Department of Housing and Community Development; construction funding from the Bank of America, permanent funding from the Massachusetts Housing Partnership; federal and state tax credits for low income housing, as well as historic state tax credits, which will be sold by BlueHub Capital; and strong support from the City of New Bedford using HOME program funds.
The development received broad support from elected officials including Congressman William Keating, State Representatives Paul Schmid and Antonio Cabral, and New Bedford Mayor Jonathan Mitchell.
The renovation of the 135,732 square foot space will result in 66 one-bedroom apartments, each with a den, as well as 3 two-bedroom units and two smaller one-bedroom units. In addition, space will be created in part of the first floor for an adult day health center to meet the wellness needs of residents and seniors in the surrounding community.
“We are delighted to collaborate on this important renovation initiative that brings much needed housing to New Bedford seniors, and we are honored to partner again with WinnDevelopment,” said Robert J. Verrier, FAIA, NCARB, Founding Director by The Architectural Team (TAT). “In order to create thriving and prosperous communities, housing options must be available to everyone, and historical adaptive reuse is one of the most powerful strategies to achieve this important goal.
The apartments are expected to be ready for occupancy in August 2022. New residents will benefit from common amenities already available at Manomet Place, including an on-site laundry room, on-site management office, gym and resident lounge.
WinnDevelopment has completed nearly four dozen historic adaptive reuse projects in five states and the District of Columbia to create thousands of new apartments. The company has won more awards for transforming vacant schools, mills and other historic buildings into multi-family housing than any other developer in the United States.
The project is overseen by Lauren Canepari, senior project manager of WinnDevelopment and Neisha Colon, project manager. Keith Construction is the general contractor for the project with TAT as the architect. The development will be built to meet the sustainability standards of Enterprise Green Communities (EGC), a green certification program for affordable housing. Manomet Place already benefits from solar panels mounted on the roof.