CMK
DEVELOPMENT PARTNERS
Union Place
CMK Development has partnered with Behrend Construction on the development of Union Place, a 40 unit age-restricted rental complex located at 26-32 Union Street in Natick.
The project is a three-story complex comprised of 40,000 square feet, located on a 70,000 square foot parcel. Three single family homes previously on the site have been demolished to accommodate the development.
There will be an assortment of studio, one-bedroom, and two-bedroom units, and 20% of the units will
be affordable. McKay Architects of Dedham designed the project.
The total development cost is approximately $13 Million. Financing has been provided by the Lowell Five Cents Savings Bank.
Construction began in the 4th quarter of 2023, and will be completed in the 1st quarter of 2025.
WHAT
Multi-Family Age-Restricted Project
WHERE
Natick, MA
WHEN
Construction Start:
December, 2023
Completion:
February, 2025