In the News

Mayor: Developer plans 290-unit waterfront community

By February 20, 2020 No Comments

EAGLE TRIBUNE 2/20/2020

HAVERHILL — Another large housing development appears to be coming to the city, as a Lynnfield developer wants to build 290 upscale apartments on the Bradford side of the Merrimack River.

Mayor James Fiorentini announced Thursday that The Procopio Companies of Lynnfield is looking to purchase the 4.8-acre city-owned Ornsteen Heel property at 31-35 Railroad Ave. for $1 million.

The mayor said he will ask City Council next week to designate The Procopio Companies as the “preferred developer” of the site. If that happens, the mayor will begin negotiating an agreement with the company. Any final agreement must be brought back to the council for approval.

The city received three proposals in response to its most recent formal Request for Proposals to redevelop the Ornsteen Heel property — a vacant, heavily wooded and overgrown piece of land. The property carries the Ornsteen name because it is the site of the former Ornsteen Heel factory that operated during Haverhill’s shoe manufacturing days.

Fiorentini said the Procopio firm is the only one the three interested companies that is proposing a mixed-use project of housing on upper floors of the complex… [ READ MORE ]

SOURCE: https://www.eagletribune.com/news/mayor-developer-plans–unit-apartment-complex-overlooking-river-in/article_b8be99c8-5404-11ea-9e56-eb067d4cf2ee.html

Leave a Reply