49-Unit Lume Tops Off in Wilmington

The Procopio Companies (Procopio), a fourth-generation, full-service real estate development and construction management firm announced the official topping off of its multifamily development in Wilmington, MA. Lume, a residential development located at 635 Main St. in Wilmington, is the newest addition to Procopio’s New England portfolio. 

“We’re really excited about Lume. Wilmington hasn’t seen the development of new multifamily construction in over 10 years,” said Michael Procopio, CEO of The Procopio Companies. “With the Life Sciences boom expanding into the 128 belt, Lume’s location is prime for anyone working in the industry, as well as anyone looking for a convenient, luxury development outside of Boston to call home.”

Lume’s topping off marks the completion of the building’s vertical structure, with construction having begun in July of 2021. Lume includes a three-story podium style apartment building with 39 garden style units and 10 additional luxury townhomes. The 74,000 sq. ft. development is conveniently located to the Lowell Line of the MBTA, with easy access to I-93, I-95, I-90, Rt 38, and I-495, positioning Lume to take full advantage of Boston’s booming life science cluster.

The luxury development includes community amenities such as a fitness center with a dedicated yoga room, a club room, pet spa, outdoor patio area, and work-from-home rooms, specifically designed for virtual meetings. Additionally, Lume is purposefully located for convenience. The property is less than a mile to the Wilmington MBTA stop, as well as minutes from numerous local restaurants, parks, schools, and the new Yentile Farm Recreational Facility.

The $20 million project began after a complex entitlement process, given the location directly abutting the MBTA Haverhill Line. Procopio has partnered with Peabody-based architecture firm DMS Design as architect of record for the exterior design and with Ipswich-based Conant Design Group for interior design. Boston-based Charlesgate is handling property management and leasing. 

Lume is expected to deliver in Fall 2022. Procopio has seen exponential growth over the past decade with its current pipeline featuring projects across the East Coast, including another property in Wilmington at 203 Lowell St., Mosaic in Lynn, MA and Daymark in Portland, ME.

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