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Working closely with the local community, New Atlantic crafted a re-use plan for this challenging building that includes new retail and commercial space with 45 apartments for low income families and formerly homeless elders. Completed in 2001, this complex project required two separate special purpose limited partnerships, a complex condominium structure, and a total of thirteen separate sources of debt and equity financing. New Atlantic received a prestigious 2002 Preservation Award from the Massachusetts Historical Commission for its efforts in revitalizing this landmark structure, which in 1927 was the world's largest supermarket. ICON architecture, inc. designed the project, which was constructed by CWC Builders, Inc. |
