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Developer Proposes 292 Condo Complex Near River's Edge

EVERETT, MA-A developer wants to build a 292-unit condominium complex on Waters Avenue. The city wanted to see housing go up on the site but the density of the project has prompted officials to rezone the area.

By Naomi Grossman | Updated on June 28, 2004

EVERETT, MA-A developer has proposed putting up a 292-unit condominium complex on Waters Avenue right near River’s Edge, a 200-acre commercial/residential development proposed for Everett, Malden, and Medford. Elizabeth Debski, director of Everett’s community development office, tells GlobeSt.com that RCG LLC, a Somerville, MA-based developer, has filed plans for the project with the city. The project involves three buildings on just over three acres in an industrially zoned area. The market rate condos would be one- and two-bedroom units.

A public hearing was held right before the company filed its plans and the biggest concern was the increase in traffic. The project requires a site plan review which looks at traffic, parking, landscaping, lighting and architectural compatibility. The project, which would be one of the city’s largest if approved, does not need zoning relief because industrial zoning in Everett allows multifamily development.

According to Debski, this site had been identified in a study commissioned by the city as an area with the potential for redevelopment. The property currently consists of an old factory on brownfields which the developer will be required to clean up. Debski says the city wanted to see housing on the site because of its proximity to the River’s Edge project. She notes that the city was trying to get developers interested in the site but no one wanted to get involved. The city had even proposed developing two parks in the area–one seven-acre park and a one-acre park.

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