Hemans Street Apartments Update 01/15/25

$57M Construction Loan Secured for Worcester Multifamily

SMC Management has secured a $57,500,000 construction loan through Berkshire Bank for the Hemans Street Apartments development in Worcester. Construction on the site began last year with the project now taking shape. Callahan Construction’s roofers have Block D of the building watertight, and the framers are pushing ahead with framing the roof in Block C; the 4th-floor wall panels in Block B; and walls on the 1st-floor of Block A. The development will feature 210 units along with a fitness center, yoga room, roof deck & courtyard. 

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