Sedna Exterior 5

Sedna

Transforming Beverly with a Sustainable Seaside Development

The Challenge: Complex Brownfield site requiring that no material could be exported, as well as needing 800 feet of brand-new revetment seawall.

Situated on the Beverly waterfront where the Danvers River meets the Atlantic Ocean, Sedna is a two-building, 62-unit development, with resort-level amenities including club space, co-working lounges, outdoor firepits, two roof-decks, a public river-walk and stunning views. This boutique multifamily project is set to become an iconic piece of the Beverly waterfront. Sedna is a Federal Opportunity Zone investment.

Awards: ENR Regional Best Project (Residential), 2021 PRISM Best Rental Community, 2021 PRSIM Best Landscape Design

Address
12-16 Congress Street, Beverly
Category
Residential
Number of Units
62 Units
Cost
$18,000,000
Year completed
2020
Architect
DMS Design
Construction Manager
The Procopio Companies
Equity Source
Private Opportunity Zone Fund
Lender
Bank of New England