Aquarius on the Back Shore Update 02/02/21

$8.9 Million Construction Loan Secured for Luxury Gloucester Housing Development

171 Atlantic Road, LLC - a subsidiary of Melanson Development - secured financing for a Gloucester development project from Northern Bank and Trust for $8,900,000. Aquarius on the Back Shore, an oceanfront townhouse development, contains 6 single-family and multifamily townhouses with views of the Atlantic Ocean.

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