Past Projects
The Belvedere
Westchester, NY
Sunny Brook Field Senior Housing
Ludlow, MA
Whalers
Cove, New Bedford, MA
OceanView,
Beverly, MA
Massport
Parking, Chelsea, MA
Sedge
Meadows, Wayland, MA
260
Park Ave. South,
New York, NY
Carding
Mill, Sudbury, MA
Haskell
House, Boston, MA
Landmark
at West Springfield, MA
Landmark
at Fall River, MA
The
Birches at Weston, MA
Franklin
Pierce Law Center, Concord, NH
BJ's
Wholesale Club,
Portsmouth, NH
RECOLL
Management, Boston, MA
Lakeside
at Winnipesauke,
Alton, NH
Beverly
Rocks, Beverly Farms, MA
Porter
Exchange Mall,
Cambridge, MA
Powderhouse
Square Condominiums, Medford, Ma
The
Regency Building,
Worcester, MA
Back
Bay & South End Historic Conversions,
Boston and Chelsea, MA
Cape Rosier, Ellsworth, ME
Landmark
at Danvers, Danvers, MA |
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OceanView at Ellis Square
Beverly, Massachusetts
| OceanView
at Ellis Square is a 96 resident senior housing development offering independent,
assisted, special care services and a child day care center for over 100 children.
This historic restoration of the Old Briscoe School Building won a historic preservation
award from the Massachusetts Historical Commission. 11 days prior to closing on
the construction financing, OceanView was almost destroyed when a fire gutted
the existing structures. The fire left only 30% of the buildings frame in the
rear building, and all that remained in the front building was the exterior walls.
The development team was able to brace and shore the exterior walls; retain the
historic tax credits and preserve the construction funding commitment by adjusting
the financing, design and construction documents thereby closing on the construction
financing 45 days after the fire. The project team included Keith Construction,
EHA Architects, Commonweal Collaborative, Charles River Mortgage, Luberschane
Associates and Rene Megnier Structural Engineers.
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 |
| Eleven days before closing on the construction
financing with HUD the Old Briscoe High School is ravaged by a fifteen town fire. |
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 |
The interior of the building is completely destroyed.
The project team works quickly for public safety and preservation. |
| HUD financing is secured by revising the closing
documents and establishing a development plan satisfying all parties involved. |
 |
 |
Only the exterior masonry walls remain. Shoring
and bracing work commence to preserve the historic tax credits. |
| While the exterior walls are braced, a new
structural steel frame is constructed inside and the masonry is secured. |
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Restoration of the exterior is moving along
with new windows, masonry and slate installed to replicate original materials
used. |
| OceanView at Ellis Square receives an award
from the Massachusetts Historical Commission for Preservation. |
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| Project Summary: |
A 96 unit senior housing project delivering
independent, assisted and special care services to seniors. |
| Total Project Cost: |
$16,500,000 |
| Financing: |
Historic Tax Credits, HUD 232 Board
and Care Mortgage Insurance for credit enhancement to back taxable and tax exempt
revenue bonds allocated through Mass Development. |
| Primary Services: |
Request for proposal competition,
acquisitions, approvals, financing, design, construction oversight and senior
housing operations. |
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