Coppersmith Village
Update
12/18/16
East Boston’s Coppersmith Village development closes financing, site work starts
Coppersmith Village developer Neighborhood of Affordable Housing, Inc. (NOAH) closed Friday (December 16th) on over $26 million of funding, allowing the 71-unit mixed-income East Boston Waterfront development to proceed. Financing for Coppersmith Village is provided by the State of Massachusetts and East Boston Savings Bank. Site work at the Coppersmith Village site is now underway following completion of the project’s construction agreement earlier this month. Construction will last 18 to 24 months and will replace a vacant, deteriorating industrial site with housing and retail. Demolition of the industrial building will commence later this month or in early January. Tocci Building Companies is the project’s general contractor.
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