MassDevelopment

Bradstreet Partners, LLC

Named for Simon Bradstreet, a colonial-era governor of Massachusetts, the Bradstreet School served children in North Andover until it closed in 2005. The downtown property sat vacant until recently, when a group of developers stepped forward to build a residential and commercial complex.

MassDevelopment provided two loans totaling $2,569,520 to Bradstreet Partners, LLC and enhanced the deal with a loan guarantee. The funds are building Bradstreet on Main, an 18,000-square-foot complex that includes apartments and commercial space.

The project will transform an underused property into a vibrant hub of retail and residential activity.