Mayor Holaday was pleased to join the folks at Minco and local and state leaders at the official groundbreaking ceremony yesterday for One Boston Way, a 76 rental complex and the very first project in the City’s 40R Smart Growth District.
The development features 76 rental units, 19 of which will be offered as affordable units. Minco has committed to constructing a LEED certified building, meaning it will be designed and built using practices that ensure greater energy savings, reduce water consumption, and contain recycling improvements and other environmentally friendly features.
The groundbreaking is a culmination of the work of many people from all sectors and years of collaboration. A special thanks to Louis Minicucci, Jr. and the Minco team for permitting the City’s first Smart Growth development project. Also to Lt. Governor Karen Polito, Secretary of Housing, Economic Development Jay Ash, and all the State agencies who helped make this happen. This project was truly a Public-Private Partnership.
The City established the 40R district in 2015 to promote the creation of much-needed mixed use multi-family condos and rental apartment buildings by-right within walking distance to the Commuter Rail Station and Downtown Newburyport. Congratulations to Planning Director Andy Port and his team, as well as the Newburyport Planning Board and City Council. All worked tirelessly to establish this district and should be proud.
And thank you Metzy’s Cantina for hosting such as wonderful event!