Construction is Underway!
It's official: construction is underway! We celebrated on Monday August 25th with a groundbreaking ceremony for Cedar Park One64, our first multifamily mixed-income development to get to the construction phase. We couldn't be more excited about this major milestone for our company. And we could not be more grateful to the team that helped get us here.
It was a time to remember our roots in Melrose as a young family, new business owners, and first time landlords as well as look forward to growing our company in new directions.
Cedar Park One64 is an 80 unit mixed-income, multi-family development permitted under Chapter 40B. It will provide 20 units of affordable housing and will be Passive House Certified per the Specialized Stretch Energy Code adopted by the City of Melrose. We are also proud to have worked cooperatively with the MBTA on this project as they granted us a use easement, to use their unused land adjacent to our site for additional parking and we have granted them an easement to use a pathway around our building to the sidewalk as an alternate exit off the adjacent MBTA Cedar Park Station platform.
Representatives from the City of Melrose, MassHousing, and the MBTA were on hand to speak in favor of the project and help turn a shovel of dirt to inaugurate construction.
l to r: Erin McCabe - MBTA, Lori Massa - City of Melrose, Jessica Malcolm - MassHousing, David O’Sullivan - O’Sullivan Architects, Carlos Costa, Sean Szekely, Laura Szekely - Szecon Development, Donnie Garrity - O’Sullivan Architects, Steve Foley - Essex Builders, Jesse Schomer - Dain Torpy
We’d like to thank our team members for all the work they’ve put in to getting this far.
Attorney: Jesse Schomer of Dain Torpy
Architects: Donnie Garrity and David O’Sullivan of O’Sullivan Architects
Civil Engineer: Rich Williams of Williams and Sparages
General Contractor: Steve Foley of Essex Builders Corp
Lending: Brendan Meehan and Northern Bank
Debt and Equity Consultant: Jeff Muñoz of Northmarq
Real Estate Brokers: Chris Sanner and Andrew Boujoulian of The Way Point Group
And thank you to those who took time out of their busy days to attend and say such kind words about the project.
Lori Massa, Director of Planning and Community Development for the City of Melrose
Erin McCabe, Chief of Real Estate for the MBTA
Jessica Malcolm, Senior Manager of Planning and Programs for MassHousing
Ground is broken for Cedar Park One64
Stay tuned for more information on the project, the team, and the future for Szecon Development.
