Great Bridge Baker Brooks Apartments

Lunenburg, MA
United States

Achieved through $9 million in construction financing from MHIC and The Life Initiative, Great Bridge Properties (GBP) constructed a four-story L-shaped elevatored building containing 70 units of affordable rental housing for adults who are 55 and older. The development will be located on the TriTown Landing master site, an 8.7-acre site that has been developed in phases by GBP over the past decade. The first three phases consisted of 131 units of affordable family housing in four three-story buildings. Baker Brook is the last phase of the development.

Sponsor
Great Bridge Properties
Source
Construction Loan
Financing Total
$9,000,000
Impact

The property will have significant green features, such as plumbing and electrical components which meet the Silver LEED standard. The complex will have a small fitness center, an open two-story community room, and an outdoor patio.

Affordable Housing