Trammell Crow Residential Breaks Ground on Alexan Billerica Near Boston

9/13/17

Trammell Crow Residential, America's premier multi-family real estate company and the only national group with nearly 40 years of experience in apartment development, today announced that it has broken ground on Alexan Billerica, a 178-unit, garden-style development in Billerica, MA situated on approximately 7-acres. Upon expected completion in December 2018, Alexan Billerica will consist of 3 buildings and 6,000 square feet of recreation and amenity space, and direct access to transportation, shopping, and a vibrant employment corridor.

The site includes frontage on Route-3a and offers convenient access to Route-3, I-495 and I-95. An MBTA Commuter Rail Station within walking distance further enhances the site's appeal.

"Alexan Billerica is designed specifically with residents in mind –well-appointed, modern units located on a tranquil setting that offers discerning residents the 'best of' luxury living, such as a private fitness center, business center, pool and indoor/outdoor leisure space," said Andy Huntoon, Managing Director at Trammell Crow Residential. "Residents will also benefit from proximity and access to a business corridor with numerous suburban offices, shopping outlets and lifestyle venues."

The development will include studios, 1-bedroom, and 2-3 bedroom options with Class-A finish outs such as granite countertops, wood flooring, and washer/dryers. Each of the three buildings comprising the complex face a large central courtyard, maximizing residents' views of the outdoor living spaces and a pool. Many units also include a detached garage.

The project was developed by TCR, who is also serving as the general contractor. Leasing will commence August 2018.

ABOUT TRAMMELL CROW RESIDENTIAL

Trammell Crow Residential (TCR) is the premier multi-family real estate company – the only national group with nearly 40 years of experience in residential development and asset management. Since 1977, Dallas-based TCR has developed more than 250,000 units in major markets. With deep knowledge of local trends and a contemporary vision, TCR is proud to develop and construct market-leading rental communities that offer residents a comfortable and convenient lifestyle. For more information, please visit TCR.com.

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