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Madison Properties receives $57M for mixed-use Ballpark District development

Shrewsbury s $53M Edgemere housing development slated for June 2022 opening

The residential component of the Edgemere Crossing at Flint Pond development in Shrewsbury, which will be anchored by an 80,000-square-foot Market Basket grocery store, is expected to deliver the first of its 250 units by June 2022, with final completion by January 2023. Image A rendering of the housing portion of the Edgemere Crossing at Flint Pond We are excited to be moving our first residents in next year,” said Andrew Dolben, executive vice president of The Dolben Co., Inc. of Woburn, which is building the housing development. The bank Rockland Trust gave the updated timeline in an announcement on Thursday, saying the bank led the $53-million financing package to The Dolben Co. to build the housing at the former Edgemere Drive-In movie theater on Route 20. The development will include 116 one-bedroom units and 134 two-bedroom units, and 25 of those will be affordable housing.

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