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MassDevelopment

10 Congress Street LLC

10 Congress Street LLC is using a $487,350 Brownfelds Remediation loan to remediate any residual contamination remaining at a four-acre waterfront property in Beverly. The site, home to Metal Hydrides Inc. in the 1940s, is being redeveloped by Procopio Companies into a 62-unit, market-rate apartment complex with a public boardwalk along the water. MassDevelopment’s loan is jump-starting this important project.