SalemNews.com, Salem, MA

Local News

May 16, 2012

160 apartments proposed

Kelleher's Pond housing would be 'smart growth' district for Beverly

(Continued)

Hale said 20 percent of the apartments would be set aside for people with "moderate" incomes. Rents would range from $1,200 for an affordable one-bedroom unit to an estimated $1,950 for a three-bedroom market-rate unit, he said.

The land off Essex Street was owned for years by the Kelleher family. Kelleher's Pond was dredged by John Kelleher in the 1950s to produce ice for his business. The family eventually got into the oil and construction business.

In 2008, the family moved its company to Tozer Road and sold its Essex Street property to Walker Realty of Westford for $3.47 million. The Next Generation Children's Center was built on the front of the property in 2009.

Staff writer Paul Leighton can be reached at 978-338-2675 or by email at pleighton@salemnews.com.

Text Only | Photo Reprints
Local News

AP Video
Gaza Residents Mourn Dead Amid Airstrikes Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp Cumberbatch Brings 'Penguins' to Comic-Con Raw: Air Algerie Crash Site in Mali Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites Anti-violence Advocate Killed, but Not Silenced. Dempsey: Putin May Light Fire and Lose Control Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman
Comments Tracker