PORTFOLIO

Franklin St - Melrose

The Franklin Street multifamily development is a 60-unit multifamily mixed income rental development. The site is located within walking distance of the MBTA Melrose Highland commuter rail Haverhill Line stop and an MBTA bus stop as well as other Highlands amenities. The project is being developed under Massachusetts General Laws Chapter 40B, has received a finding of Project Eligibility from the Massachusetts Housing Finance Agency (MassHousing), and been granted a comprehensive permit by the Melrose Zoning Board of Appeals.

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Livability Scorecard

Somewhat Walkable. A convenient location where many daily errands, local dining, and services can be accomplished on foot without needing a car.

Somewhat Walkable. A convenient location where many daily errands, local dining, and services can be accomplished on foot without needing a car.

Excellent Transit Access. Outstanding regional connectivity featuring frequent commuter rail and transit options that link directly to major employment hubs and downtown Boston.

Excellent Transit Access. Outstanding regional connectivity featuring frequent commuter rail and transit options that link directly to major employment hubs and downtown Boston.

Exceptional Livability. Earns an exceptional rating based on low local crime rates, high-performing public school options, top-tier municipal amenities, and strong community metrics.

Exceptional Livability. Earns an exceptional rating based on low local crime rates, high-performing public school options, top-tier municipal amenities, and strong community metrics.

Ultra-Low Carbon Living. Built to rigorous Passive House standards, offering superior indoor air quality, year-round draft-free thermal comfort, and up to 80% lower heating and cooling costs.

Ultra-Low Carbon Living. Built to rigorous Passive House standards, offering superior indoor air quality, year-round draft-free thermal comfort, and up to 80% lower heating and cooling costs.

Balanced Residential Profile. Captures a comfortable, suburban acoustic environment, which is enhanced indoors by Passive House sound-dampening insulation.

Balanced Residential Profile. Captures a comfortable, suburban acoustic environment, which is enhanced indoors by Passive House sound-dampening insulation.

Above Average Walkability. Rated "Above Average" by the U.S. Environmental Protection Agency for pedestrian-friendly street connectivity and proximity to transit stops.

Above Average Walkability. Rated "Above Average" by the U.S. Environmental Protection Agency for pedestrian-friendly street connectivity and proximity to transit stops.

Lifestyle & Performance Insights

Third-party spatial analytics confirm a location optimized for suburban convenience, health, and mobility. With an 89 Livability grade and an EPA-backed "Above Average" walkability profile, daily essentials and transit options remain easily accessible. Paired with Passive House construction, the development pairs verified environmental performance with excellent regional reach.

For a detailed explanation of issues that have been discussed at Board of Appeals meetings for this project, please visit our project specific information page here.