This website provides information to the public about a proposed master planned redevelopment of the Royal Crest Estates property on Route 114 in North Andover. A set of links at the top of this page provides access to information about in-depth project details, zoning, public meetings, and more. This site will be continuously updated as more information becomes available, so if you are interested in the outcome of this project, please be sure to check back on a regular basis.

*** CLICK HERE FOR A COMPILATION OF ALL RECORDS SUBMITTED TO THE PLANNING BOARD FOR THIS PROJECT, INCLUDING RESIDENT / ABUTTER COMMENTS. ***

Summary

Boston-based real estate developer Trinity Financial is partnering with Aimco, the current owner and manager of the Royal Crest Estates property, to propose a phased redevelopment that would include the following (proposed as of January 18, 2022):

**Note: Click here for a memo outlining changes that were made to the proposed project from August 2021 to January 2022**

• Residential - 1,265 units broken out as follows:

  • 385 units of multi-family housing that will be part of a Chapter 40B proposal - 97 of these units will have affordability restrictions

  • 439 units of market rate multi-family housing

  • 35 "55+ active living" units

  • 199 townhome units

  • 206 units of student housing (equalling 824 beds)

• Commercial Uses:

  • A 102 key hotel

  • A 108,500 square foot office building

  • 69,873 square feet of ground floor retail space, spread out among some of the multi-family housing buildings, student housing, and hotel

• Open Space:

  • 46.5 acres of open space

  • Buffer area bordering the site that will include vegetation, trees, wetlands, and walking paths

• Parking:

  • A 558,810 square foot parking structure

  • Additional surface parking

New zoning must be developed in order to enable this proposed redevelopment. Town staff is working with Members of the Planning Board to develop a master planned mixed-use zoning overlay district, which will need to be approved by Town Meeting. Click here to review the zoning text as currently drafted.

UPDATED SITE PLAN AS OF FEBRUARY 1, 2022:

CLICK THE "PLAY" BUTTON BELOW TO VIEW A 3D "WALK THROUGH" OF PROPOSED PROJECT:

Location