Winn Development selects Dellbrook | JKS for Counting House Lofts
MassHousing has closed a $2.3 million permanent loan for the acquisition and redevelopment of the 52-unit Counting House Lofts. Counting House Lofts is being developed by WinnDevelopment of Boston and will be constructed by Dellbrook | JKS of Quincy.
Located on Jackson St., Counting House Lofts is part of the Jackson-Appleton-Middlesex (JAM) District, which is part of a plan to reconnect the area to downtown and the Lowell National Historic Park. Counting House Lofts is a three-story, brick building constructed in 1825 to house the Hamilton Manufacturing Co. Storehouse and Counting House.
The building is currently vacant except for the Lowell Community Health Center, which will continue to occupy commercial space in the building and is not involved in the MassHousing financing.
The development will feature 52 one and two-bedroom apartments of which 26 will be affordable and 26 will be rented at market rates.