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Developers secure financing for 114-unit 40B apartment complex in Swampscott, The Wescott

SWAMPSCOTT — WinnCompanies secured this month $68.1 million in financing for the construction of a 114-unit affordable housing building on Essex Street known as The Wescott that’s expected to be

Swampscott requests $300,000 for veterans housing

Swampscott requests $300,000 for veterans housing
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Elm Place proposal gets thumbs down from Swampscott selectmen

Elm Place proposal gets thumbs down from Swampscott selectmen 128-unit residential building too large for site Sign up for the Swampscott Reporter’s newsletter. The Swampscott Board of Selectmen has chosen not to support WinnCompanies’ 128-unit housing development proposed for the town, voting to express its opposition to the residential project’s current iteration in a so-called site-eligibility letter to the Massachusetts Department of Housing and Community Development. The selectmen’s site-eligibility letter to the state comes as WinnDevelopment undertakes a process to obtain a Chapter 40B comprehensive permit and state financing to construct the 152,000-square-foot building with 109 parking spaces at 21 Elm Place.

In Swampscott, Elm Place developers seek public input

In Swampscott, Elm Place developers seek public input Zoom meeting slated for Thursday, Jan. 21 at 6:30 p.m. Sign up for the Swampscott Reporter s newsletter. Residents and community members are invited to participate in a virtual public discussion about WinnCompanies proposed 128-unit residential building in Swampscott.  The public meeting will occur at 6:30 p.m. on Thursday, Jan. 21. The discussion will come months after the development arm of WinnCompanies, a national housing development and management company, unveiled plans in 2020 to pursue the construction of a 152,000-square-foot building with a mixture of affordable housing and market-rate housing units at 21 Elm Place.  “The Elm Place project is planned as a transit-oriented development for working individuals, families, empty-nesters and active seniors who want to take advantage of the commuter rail station and senior center nearby and/or who want to downsize but stay in their community,” the town wrote i

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