SMG 0635

The Alice

Class A Apartments, 13,000 FT of Curated Retail

The Challenge: Located in Wilmington MA, this high-barrier-to-entry market is challenging, with only one Class A ground-up project delivering in the preceding ten years! 203 Lowell is a large, complex mixed-use site, with three separate buildings and a complex subsurface drainage system.

203 Lowell features 50 market-rate Class A apartments, 8,000SF of medical office and 2,500 sf of drive-thru.

Address
203 Lowell St, Wilmington, MA
Category
Mixed-Use
Number of Units
50 Units
Cost
$35,000,000
Year Completed
2024
Architect
JtA
Construction Manager
The Procopio Companies
Equity Source
Posterus Partners
Lender
Metro Credit Union
Website
https://www.thealicewilmington.com/