301.807.6390

635 Main Street, Wilmington, MA

Portfolio Asset

Name 635 Main Street, Wilmington, MA
Type Real Estate

Description

635 Main Street, Wilmington, Massachusetts (Property) is a 4.86-acre lot located along Route 38 within walking distance of Wilmington Station on the MBTA commuter rail. The Property is also located close to an amenity-rich area of Wilmington, featuring numerous shopping, dining, and entertainment establishments.

Plans are to develop the Property into a 64,260 square foot development, consisting of 49 units comprised of 10 townhomes, each featuring two bedrooms and a den, and a three-story, wood-framed apartment building over a podium, containing five one-bedroom and 34 two-bedroom units. Each townhome will come with an attached garage and a private tandem parking space, while the 39-unit apartment building will include a total of 75 parking spaces, consisting of 47 underground garage spaces and 28 surface parking spaces. These units will feature such amenities as private patios and balconies, specialty acoustic treatments, stainless steel appliances, recessed lighting, quartz counters, walk-in closets, built-in USB chargers, and smart thermostats, locks, and access controls.

The Property will also feature several amenities, including a state-of-the-art fitness center, a
club room and wine bar, common area Wi-Fi, an outdoor lounge space, a pet wash, secure bicycle storage and repair station, and ButterflyMX Video entry.

The Sponsor anticipates that construction will last about 15 months.