MassHousing Aids Hamilton Project
Among the many reasons to support professional city management is that stability is important to our economic development. Investments in projects like the Hamilton Canal are difficult without that stability.
Lowell Revitalization Aided by $33 Million from MassHousing
MassHousing committed up to $33 million in financing for the redevelopment of Appleton Mills Phase 1A and 1B, key components of the Hamilton Canal District redevelopment now underway in downtown Lowell. The MassHousing financing will support the historic rehabilitation and conversion of the Appleton Mills complex into 130 units of affordable housing specifically targeting artists but open to individuals and families with modest incomes.
Appleton Mills, located on a 2.3-acre site on Jackson Street, is significantly deteriorated, and its restoration is a high priority for the city of Lowell and the National Park Service. When completed, the development will include 35 studio units, 29 one-bedroom units (two of which are townhome style), and 66 two-bedroom units (six townhome style).
The Hamilton Canal District redevelopment, when complete, is expected to produce 11 new LEED (Leadership in Energy and Environmental Design)-certified buildings, four rehabilitated historical buildings, 725 units of housing, 55,000 square feet of retail space, 425,000 square feet of commercial/office space and a community theater.
Posted July 16th, 2009. News source.
Press Releases
Related News
In The Media
Lowell Sun Article about Launch
The Lowell Sun article about the launch of Move Lowell Forward. Read it here!
Wallace Editorial
Sun Chairman Kendall Wallace writes about Move Lowell Forward in his Saturday Chat editorial. Read the article here!
State Delegation Support Eliminating Preliminary
Despite the opposition by members of Move Lowell Forward and many voters and city council challengers, the Lowell delegation appear ready to support eliminating our preliminary election. The preliminary is mandated by our City Charter.
Interested in more information?
You can email us using the form below.