Wicked Local | By Bram Berkowitz
November 3, 2016
One of the first projects in town to take advantage of new bylaws promoting mixed-use development would increase local affordable housing.
The Housing Corporation of Arlington on Thursday, Nov. 3 will unveil plans for a 14-unit, 19,430-square-foot mixed-use development at 117 Broadway with 5,000 square feet of retail space and 17 parking spaces.
The project will be paired with another proposed affordable housing complex in Arlington Heights near Lowell Street and Park Avenue for funding purposes.
Although some residents have requested the Broadway project contain more units, Hallet said she expects less opposition than there was for the Arlington Heights plan because the project is positioned farther away from residential neighborhoods and would revitalize the area.
“We hope to bring new life to that corridor,” Hallet told the Advocate. “We are hoping the community is supportive.”
What The Housing Corporation of Arlington will present new plans for a 14-unit mixed-use affordable housing project with 5,000 square feet of retail space and 17 parking spaces at 117 Broadway.
The building will consist of 10 two-bedroom units, two three-bedroom units and two one-unit bedrooms.
According to Hallet, the units are reserved for residents making 60 percent area median income, or roughly $43,000 annual income for a single person.
This type of housing is in high demand, with a 1,000-person waiting list and only 93 current units in town, according to Hallet.
Hallet said the bottom retail space of 117 Broadway, which currently houses the Arlington Food Pantry and Food Link, is expected to retain at least one and possibly both businesses.