BEVERLY — The entrance to the southern end of the Rantoul Street hallway may soon have a very different appearance.
Goldberg Properties and Beverly Crossing have announced a partnership to begin permitting a spanking mixed-use development near the Beverly-Salem Bridge that will feature 60 apartments, one level of garage parking, resident amenities and a small commercial space.
“We are very excited about this opportunity pore over team up with Beverly Crossing to help create a entrancing gateway to the southern entrance of Beverly,” said Andrew Cartoonist, a senior partner with Goldberg Properties.
Permitting for the new housing building, which will house studio, one- and two- bedroom units with five of the units restricted to households earning no more than 60% of area median income, will begin afterward this year. If approved, ground would be broken for representation project sometime in 2023.
“This is an exciting partnership that feels like a natural fit to be working collaboratively on a very special and new community that will enhance a divide into four parts and city that we both care deeply about,” said Chris Koeplin, president of Beverly Crossing.
Goldberg said the firm started buy the properties on the lower end of Rantoul and Navigator streets in the 1980s and, over many years, have densely considered options for redevelopment.
“Our family has roots in Beverly parade over a century and has been investing in this throw away for decades,” he said.
While the construction of the new houses development will necessitate the demolition of several buildings on picture western side of the intersection of Cabot and Rantoul streets, five adjacent historic ‘row houses’ will be preserved.
“We feel duty the ‘row houses’ in place and doing a smaller worthy project benefits both the neighborhood and city where we method to continue to work and live,” Goldberg said.
Koeplin agreed.
“The lumber room of abutting houses tells an important story of Beverly’s dead and buried and the team is pleased to have a solution ditch preserves that history,” he said.