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Everett Sets a Standard for Housing Production

Brownfields and Opportunity Zone Generate Strong Response

As supply and affordability issues continue to overlap, housing shortages are a challenge facing cities and towns across the nation. But Everett, MA has been credited with building more new housing than almost anywhere else in the state for the past five years.

In his article for Banker & Tradesman, TAT Managing Principal Tom Schultz shares the progress being made in Everett and what lessons public officials, real estate and business leaders, and the experts who support them can learn from this Gateway City’s success.

By Tom Schultz, AIA, NCARB, CPHC, Managing Principal

With persistent and overlapping issues of supply and affordability, it isn’t news to anyone that housing shortages are one of the key challenges facing cities and towns nationwide. Massachusetts is certainly not immune to these issues, and many municipalities still lag on housing growth. In fact, a report last year by the MassINC Policy Center found that the state’s 26 Gateway Cities need to effectively double housing production over the next decade in order to meet the demand. Yet some of these communities are already stepping up. Everett, just north of Boston, has been credited with building more new housing than almost anywhere else in the state across the past five years. What lessons can public officials, real estate and business leaders, and the experts who support them learn from this Gateway City’s success?

Continue reading this article here.

Tom Schultz, AIA, NCARB, CPHC®, is a principal at The Architectural Team, Inc. (TAT), an award-winning firm based in Chelsea, Massachusetts. With more than two decades of national experience in multifamily and mixed-use planning and design across cities of all scales, Schultz is regarded as an expert in highly complex development initiatives that contribute to economic growth and revitalization.

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Boston-based developer A.W. Perry plans to construct a 273-unit mixed-income housing development on a former industrial site at 373-383 Second St. in Everett.