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MINCO Smart Growth Project at One Boston Way to Bring Much Needed Rental Units

By Caitlin Dowling, Newburyport.com Correspondent
Caitlin is a freelance editor/writer and former news producer for CNN. As a local mom of three, her family can be found enjoying all Newburyport has to offer, from strolling downtown to biking the rail trail to swimming at the beach.
MINCO Smart Growth One Boston Way Newburyport

The MINCO Smart Growth Project at One Boston Way will bring affordable rental housing options to the city of Newburyport in a quickly developing new neighborhood. Located off the Rail Trail with close proximity to the commuter rail train station, the MINCO development brings easily accessible apartments for commuters, as well as affordable living options for families, in an area that is growing in retail and entertainment.

Designed by MINCO Development, a North Andover firm, the project will feature a single 4-story building offering a total of 76 units. Along with much needed rental opportunities for city residences, this smart growth project—the first of its kind in Newburyport—will create 19 affordable housing units. Under state guidelines, a smart growth project must deem 25 percent of the building’s units to be affordable housing.

The project is also set to be the first LEED (Leadership in Energy and Environmental Design) certified building in the city. This means the building is designed to be energy-efficient, water-efficient, and offer environmentally friendly features such as being located near public transportation and offering electric car charging stations. In addition, the MINCO project will also feature environmentally friendly carpet, cabinets, countertops, and windows.

The location is extremely convenient for those commuting daily on the train, to both Rt. 1 and 95, as well as the Rail Trail if you work downtown. Along with an easy commute, projects like One Boston Way aims to create a community that you will want to spend time enjoying. The area—which already features breweries, gyms, restaurants, and more— is quickly developing into a pedestrian-friendly neighborhood. Current businesses like Metzy’s Cantina owner Erik Metzdorf are welcoming the new foot traffic.

“I’m so excited to see the town push beyond its downtown area to a location I have always seen the value in. The boom of these projects has in turn brought in new customers to the local businesses, as well as enticing new ones to open,” said Metzdorf.

The MINCO project at One Boston Way broke ground in late December of 2019. Apartments are expected to be made available by the Spring of 2021. Follow the One Boston Way official site to stay up to date on the project, see availability, and for contact information.

 

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