32 Marion Street
Update
01/03/24
$64M In Financing Secured for Brookline Senior Housing Development
The Brookline Housing Authority has closed on $64,950,000 in construction financing for the redevelopment of the Col. Floyd Apartments along Marion Street in Brookline. Plans call for the demolition of the existing 1960s-era apartments and construction of new affordable elderly rental housing. Phase I of the project will include a 6-story mid-rise elevated building with 115 one-bedroom units, administrative offices and common rooms on the ground and first level, courtyard and gardens, and 23 parking units. Phase II is comprised of a 5-story mid-rise building with 24 one-bedroom apartments that will have shared use of administrative offices, common rooms, courtyard, gardens located at Phase I.
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