Wed, Nov 25 2009

Published: June 24, 2008 06:00 am    PrintThis  

Developer plans 238 senior units Beverly zoning board meets tonight to hear proposal for industrial park

By Paul Leighton
Staff writer

BEVERLY — One of the country's largest developers of retirement homes wants to build 238 senior citizen apartments in five buildings in the Cherry Hill Industrial Park.

Oregon-based Holiday Retirement hopes to start construction on the $24 million project this fall, according to project manager Melissa Leclerc.

"We build about 20 of these per year around the country," Leclerc said. "Beverly has a need for this sort of housing. It's a great town that we want to be in."

The development would be located at the corner of Conant Street and Cherry Hill Drive in Beverly, near the Danvers line.

The project would come in two phases, according to Leclerc. The developer would first build one four-story building with 118 one-bedroom, two-bedroom and studio suites, she said. The second phase would include three four-story buildings with a total of 120 units.

The buildings would have a common dining room and activity areas, Leclerc said. They are not assisted-living residences, and no medical services would be provided.

The project needs the approval of the Zoning Board of Appeals. A meeting is scheduled for tonight at 7 at the Beverly Public Library.

The land where the development would be built is owned by the Flatley Co., which owns Cherry Hill Industrial Park. Leclerc said Holiday Retirement has an option to buy the land once it acquires all of the permits from city boards.

A spokesman for the Flatley Co. did not return a call seeking comment.

Leclerc would not disclose the rents for the new apartments, but said, "We appeal to a fairly broad range."

"We're not the Cadillac. We're more of a Buick," she said. "Typically, our resident is a retired schoolteacher in her early 80s."

Holiday Retirement has more than 300 locations in the United States and Canada, according to its Web site. It just opened a development in East Longmeadow and has projects under construction in Derry, N.H., and Kittery, Maine.

"We have someone who scouts around the country for markets like Beverly," Leclerc said.

PrintThis  
More stories from the News section

Comments from users with registered accounts will post at once. Comments from unregistered accounts will post after being reviewed by a site moderator. Posts that do not meet site standards, which can be found here, will be removed.

Comments powered by Disqus



Photos


An artist's drawing of the proposed retirement residence proposed for the Cherry Hill Industrial Park in Beverly. The complex would have studio suites plus one- and two-bedroom apartments. Courtesy/Courtesy image (Click for larger image)

Resources



PrintThis  
Print Advertisement
Click Image to Enlarge


autoconx
Premier Guide

Daily Email Headlines

Dining Contest
rtj