2019 was another fantastic year for Traggorth Companies. We had projects at every stage in the development process moving forward, delivering a transformative impact to the communities where we work. And as promised in last year’s update, we partied hard this past spring at Dan and Gen’s beautiful Maine wedding.
In April we dipped our toe into Worcester by acquiring the smallest, most complex project we could find. While the conversion of the former Mission Chapel, near Union Station and the new WooSox ballpark into seven high end residential units will take every design and finance tool in the toolbox, we think this beautiful building with an important history is worth it.
This fall we cut the ribbon at the Granville in Haverhill, completing construction on our second Haverhill adaptive reuse of a shoe factory along Washington Street (the first being JM Lofts). The 24 lofts are all spoken for and we’re looking forward to finding the perfect tenant for the 3,000 square feet of retail space in 2020.
Travelling down the Haverhill commuter line to Reading, we broke ground on 24 Gould Street. Permitted under the Commonwealth’s smart growth incentive program, this project adjacent to the train stop with its 55 apartments (25% affordable) and 3,500 square feet of retail is a poster child for smart growth, transit oriented design, that Boston desperately needs.
We’re close to wrapping up construction of the Riverhouses and Modern Mills at Cable Mills, 8 river front homes in Williamstown, Massachusetts. We cannot wait to unveil these spectacular homes in early 2020 with their massive windows, riverfront location, mountain views, and decidedly modern aesthetic. Meanwhile, the buzz around the Northern Berkshires as a great place to live, work, and play grows.
In one of the more heartburn inducing experiences of 2019, we successfully permitted our next Chelsea project which will bring 38 affordable apartments and more than 5,000 square feet of open space along the Mill Creek. We look forward to securing the necessary financing in 2020 and starting construction in 2021.
Last but not least, a big part of what we do on a day-to-day basis involves helping our non-profit clients align their real estate to their mission and vision. In 2019 we were honored to work with so many organizations doing good work in the Commonwealth. To name a few they are: United South End Settlements, YES, East Boston Social Centers, Southwest Boston Community Development Corp, Roxbury Tenants of Harvard, and the Eliot School.
Thank you all for supporting, encouraging, mentoring, and following our work in the way that you do. We look forward to another exciting year in 2020.
Dave, Dan and Tanya