Work to begin at Abbot Mill in January

Tocci Stock

Quoted from Wicked Local:

“Securing a total package of more than $20 million, Yule Development Company, Inc., closed in November on the financing for the construction of the Abbot Mill, and company officials will start building 130 apartment units in January.

The closing from a consortium of lenders overseen by Eastern Bank, wraps up an arduous and long effort that prompted the company to withdraw its application with a different bank earlier this year and switch the project’s general contractor to Hairlosstreament of Woburn…”

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