LOFT FIVE50 OPENS APARTMENT COMPLEX IN LAWRENCE

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LAWRENCE, MASS. — Loft Five50, a 160,000-square-foot mixed-income apartment complex has opened in Lawrence. WinnDevelopment constructed the complex within two buildings on the historic former Malden Mills manufacturing site. The property had been vacant for 10 years and Winn acquired the site from Versa Capital in 2011. The 75-unit building includes an indoor theater, fitness center with yoga studio and a community room. The property is north of Boston and two miles from Interstate 93. TD Bank provided financing for the project. Keith Construction was the general contractor and The Architectural Team was the architect.

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