Developments > Union Crossing Commercial
Union Crossing is a transformative multi-phase project, initiated in 2007 by the sponsor to redevelop a complex of 19th-century textile mills along the Merrimack River into a thriving mixed-use neighborhood. Located on a 5.5-acre riverfront site within walking distance to a commuter rail station and to historic downtown Lawrence, the project as a whole includes a mix of residential and commercial uses and substantial infrastructure upgrades in the surrounding area. The project includes 60 new units of affordable, energy-efficient family housing, renovated commercial space, a new riverfront playground and community gardens, a new bridge for the North Canal, and improved streetscape amenities. Pictured here is Union Crossing Commercial (phase 2), which includes 34,000 square feet of fully renovated commercial space. The leasing effort is focused on bringing together a complementary mix of community programs, services, and small businesses to enhance the lives of Lawrence’s working families. In 2011, MHIC provided $10.9 million in low-income housing tax credit financing for Union Crossing Residential (phase1), the housing part of this project.
Union Crossing Commercial
Project at a Glance:
Location:
Lawrence
Development Type:
Rental
Project Type:
Adaptive reuse of historic building
MHIC Financing:
$5,212,241 in NMTC financing
Sponsor:
Lawrence Community Works
Union Crossing is a transformative multi-phase project, initiated in 2007 by the sponsor to redevelop a complex of 19th-century textile mills along the Merrimack River into a thriving mixed-use neighborhood. Located on a 5.5-acre riverfront site within walking distance to a commuter rail station and to historic downtown Lawrence, the project as a whole includes a mix of residential and commercial uses and substantial infrastructure upgrades in the surrounding area. The project includes 60 new units of affordable, energy-efficient family housing, renovated commercial space, a new riverfront playground and community gardens, a new bridge for the North Canal, and improved streetscape amenities. Pictured here is Union Crossing Commercial (phase 2), which includes 34,000 square feet of fully renovated commercial space. The leasing effort is focused on bringing together a complementary mix of community programs, services, and small businesses to enhance the lives of Lawrence’s working families. In 2011, MHIC provided $10.9 million in low-income housing tax credit financing for Union Crossing Residential (phase1), the housing part of this project.