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Chapter 40B is a Massachusetts law, which enables local Zoning Boards of Appeal to approve affordable housing developments under flexible zoning rules in municipalities with less than 10% Subsidized Housing Inventory (SHI). The current Kings Residences proposal will help Peabody reach the 10% SHI goal. To learn more, visit:
The Massachusetts Housing Finance Agency has given site approval to King’s Residences, the development of 133 condo units at the site of the former J.B. Thomas Hospital in Peabody. Site approval allows for an application submission to the Peabody Zoning Board of Appeals for a comprehensive permit under Chapter 40B.
Jul 20, 2021 · PEABODY — Much to the dismay of many neighboring residents, the path has been cleared to build a 133-unit housing complex on the property formerly occupied by J.B. Thomas Hospital on King...
May 5, 2020 · PEABODY — A redevelopment plan for 133 condominiums at the site of the former J.B. Thomas/Curahealth hospitals has won project eligibility/site approval from the Massachusetts Housing Finance...
Jul 24, 2020 · Earlier this year in April, the developer received 40B site approval for its plans to build King’s Residences, a 133-unit residential development on the 3.2 acre site with 34 units being ...
Check out the new website for the proposed residences to fill a critical need for 55+ community at the former J.B. Thomas Hospital site. Plans incorporate community feedback to transform an eyesore...
Aug 15, 2019 · PEABODY — Hoping to win support for a controversial plan to transform the former J.B. Thomas Hospital into senior housing, a Boston developer has hired a public relations firm, launched a ...
