Project Progress: Construction Complete


About Gateway Residences on Washington

700 Washington Street, Lynn, MA


New mixed-use, mixed-income building located on a formerly vacant 2.5-acre parcel in the heart of Lynn's Central Square. Opening in Spring 2018, Gateway Residences on Washington will feature 71 residential rental units, including 53 affordable and 18 market-rate. 10 units will be designated Workforce Housing and will be rented to households earning 70% to 100% of Area Media Income (AMI). Gateway Residences on Washington will include 18 one-bedroom units, 46 two-bedrooms and seven three-bedrooms.


Resident amenities at Gateway Residences on Washington will include a common room and a fitness center. Approximately 2,000 square feet of commercial space will be located on the building's ground floor. Gateway Residences on Washington will be located across from North Shore Community College and a short walk to the Central Square commuter rail station. 54 vehicle parking spaces will be located on site.

Dollar Volume $31,000,000.00
Sector

Housing

Stories 5

Latest Updates


Gateway residences on washington lynn ma mixed use residential retail workforce housing real estate development apartments for rent

Dec 11, 2016

Mixed-income Gateway Residences in Downtown Lynn breaking ground Tuesday

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Gateway residences on washington lynn ma mixed use residential retail workforce housing real estate development apartments for rent

Nov 01, 2016

MassHousing closes $21 million financing for Lynn's Gateway Residences on Washington

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