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MassDevelopment

The Lofts at City Place

Jim Whitney leads the renovation of 108 Adams Street in downtown Leominster. After working with MassDevelopment to revitalize 98 Adams Street, the developer needed more financing to complete his latest housing project. MassDevelopment provided a $5 million loan to convert an abandoned 88,000-square-foot former mill building into usable, beautiful space. The project will create 51 much-needed housing units and 10,000 square feet of commercial space. This is the last part of a two-phase project that continues the transformation of downtown Leominster. The completed project will bring a combined total of more than 90 new jobs to the area.