Alexan Worcester Update 07/02/24

Trammell Crow Residential Closes on Worcester Development Site & $47M Construction Loan

Trammell Crow Residential has acquired a development site along Oriol Drive in Worcester for $4,500,000. The developer also closed on $47,500,000 in construction financing through U.S. Bank. Plans for the site call for two, 5-story buildings to include 220 apartments. The project will also include a variety of resident amenity spaces and 344 parking spaces. 

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