Synergy Files Plans to Convert Worcester Offices to 220 Housing Units

Synergy has filed plans for the redevelopment of One & Two Chestnut Place in Worcester. One Chestnut is an 11-story approximately 199,809-square-foot office tower. Two Chestnut Place contains a 4-story approximately 34,365 square-foot office building. One Chestnut Place Building is currently occupied by Fallon Health, which has significantly reduced its employee headcount at this location over the years and will completely vacate the building. 

Like many cities throughout the country, the City of Worcester has been facing challenges with respect to office vacancies and housing. In response, Synergy is proposing an unprecedented adaptive re-use and conversion of the existing office buildings tp multifamily dwellings by constructing 198 market-rate residential units within the One Chestnut Place Building and 22 affordable-rate homeownership condominium units within the Two Chestnut Place Building. The project also includes related renovations and site improvements including new landscaping and open space amenity areas. The height, footprint and gross floor area of each of the buildings will not be altered.

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