HomeProject DetailsZoningPublic MeetingsQ&AContact Proposed Royal Crest Redevelopment and Rezoning This website is intended to provide 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. 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 June 8, 2021): Residential - 1,309 units broken out as follows: 385 units of multi-family housing that will be part of a Chapter 40B proposal - 96 of these units will have affordability restrictions 439 units of market rate multi-family housing 35 "55+ active living" units 200 townhome units 250 units of student housing (equalling 1,000 beds) Commercial Uses: A 102 key hotel A 124,000 square foot office building 73,950 square feet of ground floor retail space, spread out among some of the multi-family housing buildings, student housing, and hotel Open Space: A 2.5 acre square foot "town square" 14.5 acre buffer area that will include vegetation, trees, wetlands, and walking paths Parking: A 526,000 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. UPDATED SITE PLAN AS OF SEPTEMBER 9, 2021: 3D "FLY THROUGH" OF PROPOSED PROJECT - PRESENTED AUGUST 17, 2021: Location Questions? royalcrestproject@northandoverma.gov or 978.688.9533 This site uses cookies from Google to deliver its services and to analyze traffic. Information about your use of this site is shared with Google. By using this site, you agree to its use of cookies. LEARN MOREGOT IT

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