203 Lowell Street - The Alice Update 05/23/22

$26M Construction Loan Issued to Approved Wilmington Development Site

has secured a construction loan from Metro Credit Union valued at $23,331,237 for 203 Lowell Street in Wilmington in a deal brokered by Colliers.

Approved for development in 2020, plans call for a SF mixed-use redevelopment of a 2-acre site at the corner of Lowell and Woburn streets featuring a commercial bank development and nearly 60 residential units.

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