Holmes Beverly

112 Rantoul Street new mixed-use transit-oriented development in Downtown Beverly, breaks ground

112 Rantoul Street, a new $20 million, 70,000-square-foot mixed-use development located next to the Beverly Depot commuter rail station in Downtown Beverly, has broken ground. A groundbreaking ceremony was held for 112 Rantoul Street this past Wednesday (June 14th, 2017) on the project site, where initial site preparations to construct the six-story building’s foundation have begun. 112 Rantoul Street will feature 67 market-rate apartment residences with approximately 4,500 square feet of ground-floor retail/commercial space. Given the building’s location adjacent to a commuter rail station in the heart of Downtown Beverly, no new vehicle parking will be built on site; parking will be available in the station’s existing garage. 112 Rantoul Street’s structural frame will be comprised primarily of wood framing, which will be constructed above a steel podium. The following is a photograph from the 112 Rantoul Street groundbreaking ceremony:

Breaking ground at #BeverlyDepot! pic.twitter.com/RTeKlmNp15

— MassDevelopment (@MassDev) June 14, 2017

Plans filed for 67 apartments next to Beverly commuter rail

Proponent Sarah Barnat of Barnat Development has filed plans with the Beverly Planning Board proposing to construct a $20 million six-story building on a Downtown Beverly parcel located adjacent to the Beverly Depot commuter rail station; the following is a link to the filed plans and Site Plan Review Application. The building, located at 112 Rantoul Street, would contain 67 residential rental apartments and approximately 4,500 square feet of ground-floor retail/commercial space. The Massachusetts Bay Transportation Authority (MBTA), who owns the 112 Rantoul Street parcel, designated Barnat Development as the parcel's developer in July 2016. Additional information about 112 Rantoul Street can be found above.