The Hamilton Company completes 72-unit Mill St. Heights development

Woburn, MA The Hamilton Company unveiled the completion and occupancy of the 72-unit Mill Street Heights development. The new apartment community is adjacent to the 181-unit Mill Street Gardens. 

The Hamilton Company, together with New England Realty Associates, purchased the Mill St. Gardens property and the Mill St. Heights development site for $59.6 million in December 2019. 

“Mill St. Heights provides individuals and households at all income levels the opportunity to have transit-friendly, modern housing that connects Woburn and Boston and allows easy access to the entire region,” said Hamilton company CEO Jameson Brown. “Together with Mill St. Gardens this property represents one of the finest multi-family residential communities in the region.”

The Hamilton Company received its certificate of occupancy for the development on November 18. The first tenants moved in December 1.

The Hamilton Company created 72 new apartments at Mill St. Heights in a new four-story building on 3.2 acres adjacent to the original Mill St. Gardens development. Mill St. Gardens has 181 rental apartments across 15 three-story buildings.

“NEI is honored to play a key role in this exceptional development alongside an outstanding team. This project will create high-quality housing that serves families of all backgrounds and income levels for years to come,” said Bill Novick, CPHB, project manager for NEI General Contracting - which oversaw construction for The Hamilton Company. “At a time when communities face a housing crisis, this represents a meaningful step toward providing high-quality, affordable homes for local families.”

Of the 72 new apartments, 18 of them have been reserved for households earning at or below 80% of the Area Median Income, under Massachusetts’ Chapter 40B guidelines. In 2020, the Hamilton Company spent $500,000 on enhancements to the original development such as upgraded kitchens and baths, new fencing, and other improvements.

Located less than two miles from I-93 and I-95/128, Mill St. Gardens and Mill St. Heights are in close proximity to community amenities such as Woburn Village, which features retail and local restaurants. Additionally, the development is transit-friendly, providing access to the MBTA Commuter Rail and the MBTA’s 354 Bus. 

The new 72-unit building introduces a blend of one, two and three-bedroom residences. Each unit has been crafted to offer a modern, comfortable lifestyle, complete with high-end finishes, energy-efficient systems, and access to a suite of community amenities such as covered parking for cars and bicycles, resident lounge and tenant storage.

“We’re proud to bring a project to Woburn that enhances both the residential market and the character of the community,” said Jonathan Stone, Associate Principal at O’Sullivan Architects “Every decision, from the site and unit layout to the building’s façade, was made with the intention of improving the everyday experience for residents.”

The acquisition of the Mill St. Gardens property and the site which became Mill St. Heights was completed in December 2019 by The Hamilton Company and New England Realty Associates Limited Partnership (“NERA”). NERA, headquartered in Allston, owns 2,943 apartments and approximately 130,000 SF. of commercial space. The General Partner (“General Partner”) for NERA is NewReal, Inc., a corporation wholly owned by Jameson Brown, Harley Brown and Ronald Brown. New England Realty Associates trades on the NYSE under the stock symbol NEN.