Developers hope to begin construction in April 2024, according to the proposal. Three units will be reserved for households earning 30 percent.Īccording to a project timeline included in the proposal, developers will file for a comprehensive permit for the project in June 2022 with the goal of receiving approval from the city in September. They’ll include four apartments reserved for 60 percent area median income earners. The remaining seven units will come with three bedrooms, the proposal said.
The other four are reserved for households earning 30 percent of that income level.Īnother 21 units will have two bedrooms - 13 available for households earning up to 60 percent of the median income, and eight reserved for households earning 30 percent, according to the proposal. The development will consist of 15 one-bedroom apartments, 11 of which will be reserved for households earning up to 60 percent of the area median income. Developers also will seek more than $5.1 million from the city for the project, including from Newton’s Community Preservation Act and Community Development Block Grant allocations. Fuller chose the development team after the city solicited proposals earlier this year.ĭevelopers of the roughly $25 million project said in their proposal they will seek a mix of federal and state funding. The city paid $1 to the state earlier this year for the Washington Street building on the condition it be used for housing.īefore Newton purchased the armory, a city panel recommended that the property be reused for housing. The city will host a virtual meeting about the project on Wednesday, Jan. One newton is equal to the force needed to accelerate a mass of one kilogram one meter per second. It is named after Sir Isaac Newton in recognition of his work. Parking will include 28 spaces at the site, and located under the new addition, the proposal said, and a solar array will be erected on its roof. The newton (N) is the derived unit of force. The building’s existing field house will be demolished to make way for a four-story structure housing the new apartments, and include an entry off Armory Street. The development will preserve the distinctive castle-like building facing Washington Street and include a community room, management offices, and gallery space, according to the proposal. That mix of apartments planned for the Armory “will result in a multigenerational, family-oriented community that will provide new affordable housing to 43 households with few other options in Newton,” the proposal said. “Clearly, the need for more affordable rental housing for families continues to grow,” the developers said in their project proposal. In their proposal, developers pointed to data from Newton and across the region that showed the housing market remains extremely tight.