Not many real-estate brokers can
sum up some of the best of what
they’re selling in one word. Cindy
Dube of Coldwell Banker
Residential Brokerage’s New
Homes Division is the exception.
All she has to say is Lofts!
First it was the Biscuit Lofts in a
totally rehabilitated former factory
building on Envelope Terrace, off
Shrewsbury Street in Worcester.
Only a few units remain available
there. Now Dube has turned her
focus to the Fremont Lofts a
structure in the Webster Square
neighborhood that has a history
every bit as impressive as that of
the Biscuit Lofts.
The Fremont Lofts will consist of
ninety-seven loft-style
condominiums on four floors,
featuring a mix of one and two-
bedroom layouts ranging in size
from seven hundred eighty-eight
to one thousand eight hundred
ninety square feet. Amenities will
include a fitness center, a media
center, two roof decks and a
courtyard. Storage space will be
available for purchase as well.
Prices start in the $ 140,000’s for
the units. All of the units feature
high ceilings: 9'7 on the first
floor, 12'4 on the second and
third floors, 13'9 on the fourth
floor.
Like the Biscuit Lofts, the
Fremont Lofts involves a
substantial reconstruction of an
existing impressive edifice. The
partners in the project boast top-
notch credentials. One of them is
the Abrams Group LLC, a Boston-
based real-estate development
firm that specializes in just this
sort of work: turning vintage
properties into reasonably priced
residential communities. Recently,
the Abrams Group turned a
onetime manufacturing complex
in Lowell into one
hundred thirty-four
loft-style apartments.
The other partner is
the Callahan
Companies, a full-
service, family-run
construction firm that
ranks among the largest in New England.
In 2002, the Boston Business
Journal ranked The Callahan
Companies fourteenth among the
Top 25 construction companies in
its coverage area.
Endeavors in which
The Callahan
Companies have
been involved
include one hundred
eighty apartments at
Marina Bay in
Quincy, the Club Atlantis condo hotel
in Orlando, Florida,
condos in Brookline
and Whitman and
schools, other hotels
and retail stores.
The roots of the building in
which The Fremont Lofts, at
160 Fremont Street
(entrance access is from St.
John’s Rd.), are housed,
trace back to 1923 when the
structure was built for a silk
and rayon-weaving
company. It later housed the
Sweeper Vacuum Company.
In 1951, the property was
bought by the L. Farber
Company, which made
leather shoe components
and more specifically welting (welting is the
leather strip that joins
together the shoe’s sole and
the upper leather). Today, welting
is only found in high-end
footwear.
Dube, who exudes enthusiasm
about how loft living is
transforming the Worcester
landscape, said The Fremont Lofts
are already close to 20% sold,
which is a fascinating
phenomenon considering that
we’re operating out of a sales
trailer (next to the building),
there’s no model unit yet for
people to look at and the building
is not ready.
Dube expects units to be ready for
occupancy by the end of 2005. The
address will be prominently
announced in capital letters on a
brick tower in front: 160
FREMONT.
She also expects a strong response
rivaling that generated by the
Biscuit Lofts, from prospective
customers. People from the
Worcester area want lofts, she
said, and also from Boston, where
the price of housing is so
astronomical.
It doesn’t hurt, either, that Webster
Square boasts a brand-new Price
Chopper supermarket. That tells
you something, when businesses
like Price
Chopper put a flagship store in,
she said.
Contact Rod Lee with ideas for
HomeSource stories; by telephone,
508-793-9213, or e-mail,
rlee&telegrain.com.