Alexan Chelmsford Update 03/07/24

Trammell Crow Residential Expands in Greater Boston with New Luxury Community in Chelmsford

Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, has announced construction has commenced on its latest Alexan community, a 340-unit, luxury multifamily residence in Chelmsford, Massachusetts. TCR will serve as both the developer and general contractor on the project, and construction completion is anticipated for Q4 2025. In early February, BLDUP reported TCR had secured a $78M construction loan for the development. 

Located at 255 Princeton Street, Alexan Chelmsford will redevelop the former UMass Lowell West Campus into a tranquil, 32-acre residential community. Studio, one-bedroom, two-bedroom, and three-bedroom units equipped with stainless-steel appliances, wood-style plank flooring, in-unit washers and dryers, and spacious walk-in closets will be situated within four-story, elevator-serviced buildings. The development will also offer three-bedroom townhome units with premium unit finishes and integrated garages.

First-class amenities will include a resort-style pool, outdoor courtyards, grilling stations, a state-of-the-art fitness facility, a craft room, and a resident clubhouse complete with a gourmet kitchen and gaming room. Alexan Chelmsford’s charming New England setting will be enhanced by the 6.75-acre, deed-restricted wetland area at the entrance to the community. The site’s location will allow future residents to easily access Greater Boston’s largest employment centers including the Route 3 Tech Corridor, the Route 128 Corridor, the I-93 North Corridor, and downtown Boston.

“We are incredibly excited to break ground on Alexan Chelmsford. This community will provide future residents with an unmatched residential experience within a country setting and will be an attractive option for residents in the area. This development is a continuation of our company’s efforts to meet Greater Boston’s housing demand,” said Andy Huntoon, Managing Director, Northeast Division of Trammell Crow Residential. “We appreciate the team effort, support, and partnership of our financial stakeholders, municipality representatives, and community members who have helped bring this project to the area.”

Last year, TCR announced the groundbreaking of Alexan Waltham, a 210-unit luxury multifamily community in Waltham, Massachusetts, slated to be completed in Summer 2025, and the groundbreaking of Alexan Peabody in Peabody, Massachusetts, anticipated to be complete in Q4 2025. With the addition of Alexan Chelmsford, TCR’s Northeast apartment portfolio has nearly 2,000 apartment units in various stages of development.

View Alexan Chelmsford >>

Search BLDUP

Search BLDUP for news, projects, and companies to find the information that pushes your business forward.

Related News