The first building of Alta Stone Place, which includes 67 apartments, has been completed and residents began moving in last month. The community, which is being built in phases, includes a mix of studio, one, two and three-bedroom apartments with sizes ranging from 552 to 1,450 s/f. Wood Partners is the developer of the $32 million community and Bargmann Hendrie + Archetype, Inc, is the project architect. Pro Con Inc is the general contractor for the residential project.
When fully completed, the community will be comprised of 212 apartments housed within three new wood framed buildings and a renovated mill building. More than 285 parking spaces are planned and the clubhouse amenities will feature two fitness rooms, a great room with kitchenette, media room, cyber café/business center, conference room and outdoor heated pool.
The first building, a 3-story wood framed building with 27 apartments and the community's clubhouse, leasing office, and outdoor pool, was completed in December 2012. The second building, a 4-story wood framed building with 40 apartments built above a concrete podium parking structure, was completed in January.
The project's second phase, which will offer an additional 145 apartments, is the redevelopment and renovation of the four-story brick and wood-beam mill building and new construction of a podium style building. Construction will resume on the second phase in early 2013.
Alta Stone Place is within walking distance to the Oak Grove Station on the MBTA Orange subway line. The community is less than a mile from the restaurants, cafes, shops, pharmacies and grocery store of downtown Melrose. Nearby Middlesex Fells Reservation's 2,500 acres of natural and historic resources offers opportunities for hiking, mountain biking, rock climbing, country skiing and horseback riding.
"We obtained the certificate of occupancy for the first building in December and residents began moving into the building in January," stated the project manager for Pro Con Inc. "We are currently installing the appliances and final finishes in the second building and have expect it to be completed by the end of January."