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Lowell Historic Board Okays Redevelopment of 1960s-Vintage Affordable

Summary by Connect CRE
A $40-million project to redevelop downtown Lowell, MA cleared a major hurdle when the Lowell Historic Board approved the plan. New North Canal LLC and the Coalition for a Better Acre received approval to redevelop a slate of buildings at 463 and 281 Moody St. New North Canal LLC, in partnership with the CBA, plans to tear down 116 units of existing affordable housing across 14 buildings into 160 units of new construction affordable housing at 2…
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Connect CRE broke the news on Friday, June 19, 2026.
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