POAH, Somerville Community Corporation (SCC) and real estate investment/ development firm Gate Residential will redevelop the Clarendon Hill public housing in Somerville, MA, a small city just outside Boston whose real estate values have skyrocketed in recent years. The Clarendon team was selected by the Somerville Housing Authority which owns the site.
The POAH-SCC and Gate Residential proposal calls for the redevelopment of the site to preserve and recreate the affordability of the existing apartments and create a residential community that offers housing targeted towards a mix of income ranges, enhanced amenities and better connection to the surrounding neighborhood. The plan involves the development of new market rate units as well as redevelopment of the state-aided public housing units.
The team plans to pursue a state Department of Housing and Community Development grant to support pre-development planning activities for the redevelopment of the site.
Visit the Clarendon Hill website
About our partners:
Somerville Community Corporation (SCC) is a membership organization that has worked to support low- and moderate-income Somerville residents to achieve economic sustainability and increase civic participation for nearly 50 years. Since the 1980s, SCC has completed more than 21 affordable housing developments, resulting in over 200 ownership and rental units in Somerville.
Gate Residential is a real estate investment and development firm specializing in the multifamily sector and focuses on creating unique and vibrant developments in urban neighborhoods. Gate was the developer of Maxwell's Green in Somerville and is completing new apartment developments in Chelsea and Quincy this spring
- Gate Residential
- Somerville Community Corporation