The official groundbreaking ceremony, hosted by the Stonegate Group, was attended by members of the Natick Select Board and other town officials, representatives from Nauset Construction, Finegold Alexander Architects, Needham Bank, Colliers, and other key development personnel, as well as members of the community.
Designed by Finegold Alexander Architects, the 89,500-square-foot project will provide a mix of 46 apartment units ranging from one to three bedrooms and four duplex homes containing three- to four-bedroom units, with 14 apartments designated as affordable. The four-story main structure will feature destination restaurants and retail space on the ground floor with apartments above, and the townhomes will be constructed at the rear portion of the property. There will be a mix of surface and underground residential parking.
“[The] groundbreaking marks a new beginning for the redevelopment of the Stonegate St. Patrick site. We are thrilled to commence construction on a new mixed-use project that will extend Natick Center while also providing much-needed housing, including 25% affordable housing, to the community,” said Stonegate CEO Sean McGrath.
Stonegate acquired the site of the former St. Patrick’s School in 2015. The former St. Patrick’s School buildings were demolished in April, and construction of the new redevelopment is anticipated to be completed by spring 2025.
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“This project further demonstrates Nauset’s expertise in the multi-unit residential market and flexibility to expand our geographic reach from the urban core into the suburban markets,” said Anthony Papantonis, President of Nauset. “Collaborating with a well-established developer like Stonegate and an esteemed design firm like Finegold Alexander bodes well for delivering a high-quality mixed-use project.”