An artist's rendering of the new Alta Abington Station multi-family housing project located next to the MBTA Commuter Rail Station.
Abington, MA, is experiencing significant changes in its housing market with the acquisition of a prime development site for $2.5 million by Wood Partners. The new multi-family project, Alta Abington Station, will feature 198 housing units, including affordable options. Situated near an MBTA Commuter Rail Station, the development aims to support community living while providing exciting amenities. This initiative is part of a broader growth trend along the South Shore Route 3 Corridor, promising a dynamic future for the local housing landscape.
Abington, MA, is buzzing with excitement as new changes are sweeping through its housing landscape! A prime development site situated at 0 Summer Street has recently been acquired by Wood Partners for a hefty sum of $2.5 million. With grand plans underway, this site is set to turn heads in the community with the launch of a brand-new multi-family development called Alta Abington Station.
At the heart of this development is a fully permitted project that boasts an impressive 198 housing units, which are spread across a total of 277,186 gross square feet. This isn’t just any housing project; it’s designed with the community in mind. Located next to an MBTA Commuter Rail Station, this development is categorized as a Transit-Oriented Development (TOD), making commuting a breeze for future residents.
In a move to promote inclusivity, this project will be developed under Chapter 40B, which requires that 25% of the units be designated as affordable housing. This commitment to providing affordable living options is a significant step in addressing the growing demand for accessible housing in the area. It’s a win for families and individuals looking to settle in a vibrant community.
Residents of Alta Abington Station can look forward to a variety of exciting amenities that aim to enhance their quality of life. Picture lounging by a refreshing swimming pool on hot summer days, getting fit in a fully-equipped fitness center, or enjoying a peaceful afternoon in a beautifully landscaped courtyard. For dog owners, a dog park is also in the works to ensure that furry friends have their space to play and socialize.
This development isn’t just a stand-alone project; it’s part of a larger wave of growth in the Boston’s South Shore Route 3 Corridor. Alta Abington Station is among the largest multifamily developments approved in recent years, signaling a bright future for the housing market in Abington and its surroundings.
The shopping center has some attractive spaces up for grabs, including:
Leasing terms for these properties are flexible and up for negotiation, ensuring that potential tenants can find an arrangement that suits their needs best.
Situated conveniently on the corner of The Fairway and Route 611, the Noble Town Center enjoys excellent accessibility to major roads and nearby SEPTA stations. Current tenants of the shopping center include well-known names such as Trader Joe’s, Longhorn Steakhouse, Citizens Bank, Club Pilates, Planet Fitness, IHop, Whole Foods, Bank of America, WSFS Bank, and Outback Steakhouse, which are sure to attract a high footfall.
With both new housing developments and multiple leasing opportunities, Abington is on its way to becoming an even more dynamic community. These changes not only promise new living options for residents but also aim to support local businesses, making it a truly exciting time to be in this vibrant Massachusetts town!
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