MassDevelopment to Work with Evergreen Village Collaborative on Devens Housing
Banker & Tradesman, Posted: Friday, November 15, 2013, 11:45am
MassDevelopment will negotiate a development agreement with Lexington-based Evergreen Village Collaborative for 120 units of housing in Devens’ Grant Road neighborhood, a roughly 35-acre portion of the 4,400-acre community.
Housing – including single-family homes, duplexes, townhomes, and multifamily buildings – is allowed under existing zoning. In April, MassDevelopment issued a request for qualifications (RFQ) for a developer or multiple developers to build and market up to 120 residential units. The state housing agency will sell the development sites to Evergreen Village Collaborative, which has proposed a diversity of unit types arranged in a walkable neighborhood.
Evergreen Village Collaborative plans to build about 40 large and small single-family homes, 40 duplex and townhome units and 40 rental apartments. Twenty-seven units will be affordable- to moderate-income households, defined as 80 to 100 percent of area median income.
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