Search
 

Cohasset Will Get Its First Adult Condo Community

COHASSET, MA-For the first time in more than 20 years, Cohasset will get its first multifamily development when a Boston developer breaks ground in July on a 105-unit luxury condominium project.

By Beverly Ford | Updated on May 19, 2005

COHASSET, MA-Cohasset will get its first adult condominium complex when developers begin work in July on a multimillion-dollar community that will bring 105-units of high-end housing to this upscale oceanfront suburb south of Boston. Bill Gause with Leggat McCall Properties of Boston, tells GlobeSt.com that the firm recently purchased a 41-acre site known as Cedarmere at Beechwood Street and Route 3A from King Taylor Cohasset LLC for $17 million and plans to turn the property into luxury condominiums that will sell in the $900,000 price range. About 25% of those units will be reserved for affordable housing, however, under an agreement with the town.

Gause says the community will be comprised of 105 single cottages or duplex units along with a 14-unit, three-level Manor House, each containing living space of about 2,400 sf. Although the developer has not yet worked out all the property’s amenities, Gause says the complex, Cohasset’s first 55-and-older community, is expected to feature a tennis court, putting green and a clubhouse with a full kitchen, exercise room and library. Construction on the site will begin in July with completion slated for the spring of 2006, he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.