Heritage Properties proposes 37-unit housing development on Middlesex Street in Lowell

The Lowell City Council convened on May 20, 2025, to address several key issues impacting the community, particularly in education funding and housing development.

The meeting began with a discussion on the Student Opportunity Act, which aims to provide equitable funding for schools in gateway cities like Lowell. A council member highlighted that while Lowell exceeded the minimum net school spending requirement by $5 million, the anticipated funding from the Student Opportunity Act has not fully materialized due to inflation. The council member expressed hope that future funding would better support Lowell Public Schools, emphasizing the need for sustainable financial solutions without compromising school maintenance.

Following this, the council moved on to communications from the city manager, which included a request for an out-of-state bridal and police department parking. The motion to adopt this request was unanimously approved.

A significant portion of the meeting focused on a proposed tax incremental exemption agreement for a new housing development by Heritage Properties. Jeff Bush, president of the company, presented plans for a new construction project on Middlesex Street, which will include 37 market-rate housing units. Bush noted that the project has received necessary approvals and aims to begin construction this summer, with completion expected by early winter 2026.

Council members expressed support for the project, recognizing the need for additional housing in Lowell. They acknowledged that the development would generate more tax revenue than the currently vacant lot, despite concerns about tax incentives. The council ultimately voted in favor of the tax agreement, highlighting the importance of revitalizing the area and addressing housing shortages.

In conclusion, the meeting underscored the ongoing challenges faced by Lowell in securing adequate educational funding and the city's commitment to enhancing housing options. The council's decisions reflect a proactive approach to addressing these critical issues, with plans for further developments anticipated in the near future.