TND Office
Quick facts
City: Chelsea
Date completed: 2007, 2013
Total development cost: $10.4 million
Development type: Moderate rehab and fit out, followed by expansion
Number of units: 3 commercial units, 22,200 sq. ft.
Overview
The Neighborhood Developers purchased 615 Broadway located at the corner of Broadway and Gerrish Avenue in 2007. TND has built-out the second floor to house its offices, and repackaged the uninspired façade for a new modern look. In 2013, TND expanded the office to house its growing CONNECT program. Utile Inc. architects created an inviting look for the building, located at the gateway to the Box District neighborhood. The TND offices offer community meeting space, resident services, and public computers, along with housing property manager WinnResidential. Chelsea Public Schools and Family Dollar are also tenants. Please stop in and visit!
Contributors
Permanent financing: Metro Credit Union
Contractor: Timberline Construction; NEI General Contracting
Lender and new market tax credit provider: Massachusetts Housing Investment Corporation
Lender: City of Chelsea
Additional funds: Citizens Bank; NeighborWorks America
Construction loan: Local Initiatives Support Corporation
