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Nixon Peabody helps consumer 2Life create modern housing for seniors in metro Boston

BOSTON—Nixon Peabody LLP suggested its consumer 2Life Communities within the website acquisition and growth of a brand new neighborhood in Newton, Massachusetts, for older adults within the middle-market.

Generally known as Opus Newton, the neighborhood will embrace 174 flats with a wide range of ground plans and sizes. Positioned on the identical campus because the Jewish Neighborhood Middle of Better Boston, Opus Newton shall be related to 2Life’s current Coleman Home neighborhood, and can embrace gathering areas, a café, artwork studio, school rooms, and a health heart. There may also be patios, gardens, and strolling trails connecting residents to campus facilities, and the supply of a Care Navigator Advocate to assist residents age healthily of their residence.

Opus Newton is designed to satisfy LEED Gold necessities and Passive Home requirements, a voluntary normal for power effectivity that reduces a constructing’s ecological footprint. Photo voltaic paneling shall be included into Opus Newton’s design and the undertaking shall be constructed with sustainable and non-emitting supplies that shield the well being of residents and the atmosphere. The undertaking was financed via the issuance of tax-exempt income bonds by MassDevelopment.

“There’s an incredible want for middle-market seniors housing nationally, and significantly within the high-priced Boston metro market,” stated Allen Lynch, a senior counsel within the agency’s Reasonably priced Housing & Actual Property observe. “In Opus Newton, 2Life has mixed its decades-long expertise of offering high-quality inexpensive seniors housing with innovation and fervour to satisfy the difficult demand of what some have referred to as ‘the forgotten center.’ We’re honored to assist 2Life on this effort.”

Along with Lynch, the NP Opus Newton workforce was led by accomplice Katie Baynes and counsels Christina Ricotta and Gretchen Sherwood.

The put up Nixon Peabody helps client 2Life create innovative housing for seniors in metro Boston appeared first on Boston Real Estate Times.