The SSEDC’s Housing Committee supports The Cove development in Hingham (220 new homes). Its proximity to transit through the Ferry Service at Hingham Shipyard will make the area more attractive to a younger talent pool being priced out of the Boston housing market. Additionally, the proximity to Hingham Shipyard amenities and Hingham’s downtown center should help bolster the local economy by adding some additional tax revenue and a larger customer base for existing and incoming businesses. Hingham Town Officials were open to the 40B model in order to make some of the units available at below market rate. Number of homes: 220 homes
Lot size: 9.828 acres Density: 22.38 homes/acre Home types: Apartments Transit Type: Ferry; West Hingham Commuter Rail Development type: Residential Criteria Met: Transit Access; Walkability; Higher Density; Underutilized Lot; Access to Town Center / Amenities Affordable homes: 55 homes Development stage: Under Construction Zoning Vehicle: 40B (“friendly”) Town Supported: Yes Community Engagement: Unknown Near Public Transit: Yes Revitalization and use of underutilized commercial, office, industrial parcels/corridors? Yes, located on former Hingham Mutual Insurance Company property. Smaller square footage? Yes Chamber & Housing Committee Support: Support letter to Hingham ZBA Developer: Alliance Residential Company
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AuthorSouth Shore Chamber Housing Committee Archives
June 2019
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