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Rockland Trust Finances Edgewood Apartment Complex in Plainville

Mar 22, 2013 | Reprints | Unlock Link | Print

Rockland Trust announced it will provide $14.75 million in financing for Edgewood Development Company, LLC to support the construction of a 120-unit complex at 100 Taunton Avenue in Plainville.

This financing was part of the Massachusetts Housing Partnership’s OneSource Program, which combines construction and financing into a single set of documents to simply the process for borrowers.

The 120-unit complex will be ready for occupancy this fall. It will feature two apartment buildings and a clubhouse with a workout room, pool, and wooded walking trails for residents.

Located near Interstate 495 and Route 1, the complex is close to Patriot Place, the Wrentham Outlets, Foxboro State Forest, and other attractions. Edgewood Development also develops commercial properties, notably Plainville Commons, a 50-acre site adjacent to Edgewood Apartments that features a Target, Shop & Shop, and other popular retailers.

Commercial & Industrial