Sedna Beverly

Framing and Foundation Work Underway at Sedna

Framing and foundation work is well underway at Sedna located in historic Beverly, MA along the Danvers River. The two-building project will boast 62 apartments along with a public waterfront park and 1,500 feet of boardwalk.

Sedna is an ideal location for commuters as it is situated just a few minutes from the Beverly Depot train station, Salem train station, and the Salem ferry if boats are your thing. The first units are expected to be completed in Q3 2020.

Framing Set to Begin for Sedna in Beverly

Building A at Sedna in Beverly, MA is ready for framing to begin next week. The plan for the project is to stick build the basement level and then floors 1-3 will be panelized.

The two-building project will include 62 apartments along with a public waterfront park, 1,500 feet of boardwalk, and 1,200 feet of new sea wall. The first units are expected to be completed in Q3 2020.

Majority of Foundation Work Complete at Sedna Building A

The majority of the foundation work on Sedna Building A is now complete. This week the masons and plumbers will be onsite beginning their phases in an effort to get a slab in and wall panels going right after the New Year.

Sedna Beverly is an upcoming multi-family, transit-oriented development located on a 3.78-acre waterfront site at 10-16 Congress Street. The two-building project will include 62 apartments along with a public waterfront park, 1500 feet of boardwalk, and 1200 feet of new sea wall. Sedna is located only a 10-minute walk to the MBTA, beaches, parks, marinas and Beverly’s vibrant downtown! The first units are expected to be completed in Q3 2020.

Site and Foundation Work Underway For Sedna Beverly

Site and foundation work have kicked off for Sedna Beverly. The waterfront project will feature a total of 62 apartments between 2 new construction buildings. Along with parking for 87 cars the development will also include a public waterfront park and 1,500 feet of boardwalk. First units are expected to be completed in the third quarter of 2020. When asked about the name Sedna, the development team at Procopio tells BLDUP, "Sedna is a sea princess from Inuit mythology. We liked it, considering the oceanfront location, and it seemed fitting."

Photo: Procopio Companies

Beverly Development Receives $14.82 Million in Financing

The project at 10 Congress Street in Beverly, MA has received $14,821,737 in financing via Bank of New England.

The property was purchased in April 2019 by Procopio Construction Company for $3.5 million. The site is a 3.78-acre transit-oriented, waterfront development adjacent to the Beverly-Salem Bridge. The development will feature 62 market-rate apartments ranging from the low to mid $2,000 price range. 

Procopio Construction Company is aiming to have units move-in ready by the fall of 2020.

Beverly Development Site Acquired for $3.5 Million

Procopio Construction Company has acquired the development site at 10 Congress Street in Beverly, MA.

The property is a 3.78-acre transit-oriented, waterfront development site located in downtown Beverly, MA. Additionally, the land has approvals and permits in-place (including special permit, ConCom and Chapter 91 license) to build 62 market-rate apartment or condominium units.