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Peabody council approves 12-unit Monroe Street project with conditions, including two affordable units
Summary
Council granted a special permit to 10 Monroe Realty LLC to build a 12-unit, two-story-over-parking multifamily project at 10-12 Monroe Street, requiring two affordable units, conservation compliance and other conditions; vote was 10-1.
Peabody City Council on Thursday approved a special permit allowing 10 Monroe Realty LLC to build a 12-unit multifamily building at 10-12 Monroe Street, a parcel rezoned to Business Central in June 2023. The permit passed 10-1 after a lengthy public presentation and a string of conditions addressing environmental, design and affordable-housing obligations.
Attorney John Kelty and architect Joe Bettencourt described the proposal as two residential floors above ground-level parking to comply with the site's floodplain constraints. Bettencourt said the building footprint would provide 28 parking spaces on the ground floor (including two ADA spaces) with six units on each residential floor for a total of 12 units; each unit…
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