Knox Residences, Phase I and II

Springfield, MA
United States

Vacant for over 70 years and on Preservation Massachusetts’ “most endangered” historic resources list, a building once housing The Knox Automobile Company in the Mason Square neighborhood of Springfield will be rehabilitated. Knox I will create 55 affordable homes in the northern section of the building, built in 1891, retaining its historic character. It will include an adjacent new office/maintenance building and ample parking on lots to the west and across the street. Phase II, in the southern section built in 1910, will create 41 additional affordable homes for a total community of 96 affordable apartments.

Sponsor
First Resource Development Company
Source
MHIC LLC
Financing Total
$16,500,000
Impact

Revitalization of the Mason Square neighborhood by transforming a historic building to create affordable housing.

Affordable Housing