Maloney Collaboration at Redevelopment of Lakeside Apartments in Worcester

Artist renderings of the new Lakeside Apartments.

Maloney Properties has been selected to play an integral role in the redevelopment of Lakeside Apartments, a large public housing development located near Coes Pond in Worcester, MA. As part of the Boston Capital Development team selected for this project, Maloney will collaborate closely with the Worcester Housing Authority in the marketing and management of this brand new mixed-income community, which will increase the number of affordable rental apartments to 300 and offer 22 new affordable homeownership opportunities.

ABOUT THE WORCESTER HOUSING AUTHORITY
Providing housing and building futures, the mission of the WHA is to enhance the Worcester community by creating and sustaining high-quality affordable housing that champions stability and self-sufficiency for residents.
Learn more at WorcesterHA.org

ABOUT BOSTON CAPITAL DEVELOPMENT
Experienced in the development of affordable, workforce, and market-rate multifamily housing, Boston Capital Development offers a commitment to community and stakeholders, thoughtful and creative design, and a thorough understanding of capital sources and operating subsidies.Learn more at BostonCapital.com

ABOUT MALONEY PROPERTIES
Maloney has been creating first class communities since 1981. We offer a comprehensive set of services, providing highly customized real estate solutions to a wide range of property owners and developers of mixed-use, market rate, and affordable housing in communities all across New England. We’re the people people in real estate.  We’ve earned our reputation for excellence by delivering industry leading services with expertise, flexibility and integrity.