Braintree and Lynn, MA (April 23, 2018) – Peabody Properties is pleased to announce that Gateway North Apartments in Lynn plans to start welcoming residents this summer.
With the lottery recently completed and lease-up currently in place, Gateway North Apartments’ marketing and leasing partner, Peabody Properties, has been busy with interviews and getting residents set to move in. Response to the lottery was tremendous for this vibrant new community, generating over 1,500 applications. At this point in time, applications are still being accepted for the 70% Area Medium Income (AMI) workforce housing apartments and the market rate apartments. For additional information regarding the rents and income limits, please visit livegateway-north.com.
Centrally located in Lynn’s Sagamore Hill District, this mixed-income, mixed-use apartment community of one-, two- and three-bedrooms also enjoys ground-floor commercial space. This ideal location, across from the North Shore Community College and two blocks from the commuter rail station, allows for an easy commute into Boston, less than 30 minutes away! For those who truly appreciate and enjoy the great outdoors, Lynn is the perfect place for community gatherings and festivals. The Lynn Woods Reservation, the second largest municipal park in the U.S., offers scenic trails for hiking, running, horseback riding, cross-country skiing and nature walks. The City of Lynn also benefits from its coastal beauty with the seashore and the Nahant Beach Reservation close by and several cultural arts venues. Gateway’s community amenities include a fitness center, entertainment lounge, media room, cyber café, bicycle storage and on-site parking. Whether residents are relocating for a new job, starting a new career or a new family, or about to enjoy an empty nest, they’ll enjoy all that Gateway North has to offer.
“Lynn is experiencing significant family growth and the neighborhood is undergoing a renaissance,” said Peggy Phelps, Gateway North Project Manager.
Developer Thomas Bauer, Hub Holdings, continued, “We’ve assembled a very talented team – with tremendous residential experience – to produce Gateway North for the community.”