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Residential

Aug 28, 2024

Everett, MA Expecting 2,200 New Housing Units Designed by the Architectural Team

As mid-sized cities grapple with a severe apartment shortage, Everett stands out as a model of success.

Everett, MA Expecting 2,200 New Housing Units Designed by the Architectural Team
Traded Media
Traded Media

Traded Editorial

2 min read

As mid-sized cities grapple with a severe apartment shortage, Everett stands out as a model of success. The city has adopted a strategic approach to revitalize land use and boost its economic outlook, creating a vibrant community where residents can live, work, and age with safety and dignity.

Emphasis on Mixed-Use, Transportation-Oriented Development

The city’s transformation is centered on accelerating mixed-use, transit-oriented development, with a strong focus on increasing affordable housing. This shift has brought about sustainable, mixed-income multifamily projects that cater to a diverse population.

Collaborative Efforts Drive Growth

The rapid transformation of underutilized land in Everett is the result of a concerted effort involving local officials, real estate leaders, and innovative public-private partnerships. The Architectural Team (TAT) has played a crucial role, designing over 2,200 new housing units and revitalizing Everett, a former industrial hub.

A Model for Other Cities

Everett’s achievements in housing development have been widely recognized. Tom Schultz of TAT highlighted the city’s success in building more new housing than almost any other municipality in the state over the past five years. This success is attributed to a shared commitment among decision-makers and a strategic investment of resources, leading to the creation of dynamic living spaces with walkable streets, green spaces, new retail options, and essential community services.

Regional Initiatives and Incentive Programs

Schultz also credits forward-looking regional initiatives and critical state and federal incentive programs like low-income housing tax credits (LIHTCs) for making these projects possible. Everett’s ongoing transformation is exemplified by new mixed-use and multifamily housing initiatives, ranging from senior living hubs to affordable family apartments, showcasing the diversity needed to tackle the supply and affordability crises.

Notable Projects in Everett

Several key projects illustrate Everett’s housing transformation. St. Therese, a mixed-income complex with affordable townhomes and age-restricted apartments, supports seniors in aging in place. The 125-unit midrise apartment community at 25 Garvey St. directly addresses the city’s low-income housing shortage. Artemas represents the conversion of a former industrial site into a 396-unit, transit-oriented, mixed-use apartment community. Anthem is a mixed-use development that brings 450 mixed-income apartments and community-focused retail to the commercial triangle district. SKY Everett, a 21-story mixed-use tower, is poised to be Everett’s tallest building, featuring 384 apartments and New England’s highest rooftop restaurant.

Commitment to High-Quality, Accessible Housing

James Szymanski of TAT expressed pride in supporting Everett’s mission to provide high-quality, accessible housing. He emphasized the importance of creating inspiring and supportive communities, noting the excitement of witnessing Everett’s ongoing revitalization.

TAT's Broader Impact

Beyond Everett, TAT is recognized as a national leader in multifamily and historic adaptive reuse projects, working with leading developers and public agencies. Their portfolio includes a diverse range of housing solutions, from adaptive reuse of historic landmarks to the development of large-scale, affordable multigenerational housing and innovative Passive House communities.

#Boston#Residential#Multifamily#Development Site
Published: Aug 28, 2024Last updated: August 28, 2024