Smart Growth Project: 30 Haven, ReadingDecember 19, 2013
The Massachusetts Smart Growth Alliance recognizes smart growth projects and planning/zoning initiatives across the Commonwealth. This project is one of many that were featured at our 2013 conference. See other examples.
30 Haven is a 40R mixed-use multi-family apartment community in Reading’s Smart Growth district. The development is located less than one block from the commuter rail and a short walk to Reading’s revitalized Town Center. 30 Haven was developed with green materials and was completed in 13 months. The project is fully leased.
Opportunities: The Town of Reading and the developers of 30 Haven had a shared vision for the site, and through that vision, they worked closely to create a situation where construction time could be reduced and disruption to neighbors and local businesses would be at a minimum.
Challenges: The loss of a much-loved, family-owned food store previously located on the development site and the downturn of the national economy presented challenges to the creation of the right mix of retail stores to reestablish the site as a destination location that would complement and reinvigorate existing stores and businesses.
Project Size: Large (>40 housing units)
Project Team: Oak Tree Development, R.J. Finlay and Co., Keiser Homes, SEB LLC
Cost: $19.4 million
Square Feet/Units: 53 units
Funding Sources: Private
Contact: Gwen Noyes, SVP, Oaktree/Greenline [email protected], (617) 491-9100 ext. 101