Cedarmere

Cohasset, MA

 

 

Investment Summary:

Phased development of more than  200,000 square feet of residences situated on a former estate in Cohasset, MA.  105 high-end condominium residences featuring a mix of single cottages, attached duplex townhouses, and apartment-style flats on mature landscaped site.  Cedarmere Cohasset has been entitled under a residential overlay zoning district that requires that one member of each household be at least 55 years old.

Project Description:

 

Phase I:

66,001 sellable square feet in 23 detached 2,500+ sq ft “Carriage” and “Cottage” style condos, two 1,800 sq ft attached “Barn” units, and two 2,200 sq ft attached “Estate” units.

Phase II:

53,100 sellable square feet in two multi-story buildings.  The “Westerly House” will include 27 affordable and 4 market rate condos.  The “Manor House” will contain twelve 2,200 sq ft units and a community center.

Phase III:

87,287 sellable square feet in 10 attached duplex townhouses 26 detached “Carriage” and “Cottage” style condominium homes, ranging from 2,400 to 2550 SF.

Investment Date:

April 12, 2005

First Occupancy:

Fall 2007

Phase I:

159  - 1, 2 and 3 bedroom condominiums, 6,900 sq ft retail, 149 underground parking spaces

Phase II: 

37  - 1, 2 and 3 bedroom condominiums, 2,200 sq ft retail, 40 underground parking spaces and 14 surface parking space

Site:

41 acres

Location:

Cohasset, a prestigious residential community located approximately twenty miles south of Boston along a scenic section of the South Shore coastline.  The property is situated near the village center on a hill close to the intersection of Beechwood Street and Route 3A.

Square Footage: 

206,338 gross square feet

Unit Mix: 

6 one bedroom units and 99 two bedroom units

Amenities: 

Single floor living, shingle style construction, home customization options, tennis court and community center

Website:

www.cedarmerecohasset.com