Capital Group Properties and Brendon Properties to develop 129-unit Millwood Preserve

August 02, 2019 - Owners Developers & Managers

Framingham, MA Capital Group Properties, owners of the Millwood Preserve, have gained approval to build a 129-unit 55+ residential town home community on the former 68 acre Millwood Farms Golf Course located on Millwood and Grove Sts. across from the entrance to the 800-acre Callahan State Park. Capital Group will team with Brendon Properties on the buildout of the project. 

Millwood Preserve will be built in three phases. The mix of 129 town home units will range from 2,000-2,600 s/f and be incorporated into single, duplex and tri-plex buildings. Resident amenities will include a community room with an activity center and bocce court as well as a community garden for residents to enjoy. Also included as part of Millwood Preserve is the 30-acre Millwood Recreational Parcel, which will create new active and passive open space for the city while protecting existing vistas along Millwood St. 

“I am excited to bring this project to North Framingham,” said William Depietri, president of Capital Group, a developer of numerous town home communities in the area, including Mahoney Farms and Grouse Hill in Sudbury, Vickery Hills and Stonebrook Village in Southborough, and many commercial developments in the area. “Not only will Millwood Preserve create local jobs and significant new tax revenue for the city, but it will also offer tremendous recreational opportunities because of its location right across the street from the Callahan State Park in northwest Framingham.”

Brendon Giblin of Brendon Properties said, “I am proud to co-develop this project with Bill and his team. Millwood Preserve will be the quintessential active adult community and new benchmark for luxury and quality living in the area. Consisting of extensive open space and recreational amenities, Millwood Preserve will provide the best in active adult lifestyle.”

 

Comments

Add Comment


More from the New England Real Estate Journal