Apartments Sprouting Up at Chestnut Green

FOXBOROUGH, MA-Funded by a $7.6 million loan from Wells Fargo Bank, Abrams Properties Inc. and VinCo Properties have begun construction on a 55-unit apartment project here at the former Foxborough State Hospital. The Apartments at Chestnut Green are part of a multi-faceted plan by VinCo to convert the 136-acre site into a diverse complex of leisure, office and retail space under the Chestnut Green moniker. The upscale apartments will be in a quadrant of intertwined buildings sporting Gothic features and ornate cupolas.

“They are absolutely magnificent,” relays Abrams Properties principal Matthew Abrams, whose firm has a lengthy track record of revitalizing aging commercial buildings. Abrams adds that VinCo’s new urbanism approach enhances the allure for prospective residential tenants. “There really is no other mixed-use project like Chestnut Green,” he says. “Tenants can live in the apartments, work in the offices, walk to the supermarket and day care, and play in 40 acres of recreational fields.” A shopping plaza near completion will accommodate a bank, dry cleaner, hair salon, Irish pub, restaurant and Walgreen’s pharmacy.

Monthly rents are being set from $1,200 to $2,500, while 14 affordable apartments will be available for tenants earning 80% of median income. Scheduled to open next June, the project will include one and two-bedroom units, as well as two-bedroom plus den or loft layouts, ranging from 780 sf to 2,800 sf. “The existing buildings at Chestnut Green have many unique qualities that allow us to create remarkable space,” says Abrams, including certain units that will feature 20-foot ceilings.