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Fallon Company lays out first-phase plans for East Bank parcels, pledges 300–325 affordable units
Summary
At an East Bank Development Authority meeting, Fallon Company Chief Development Officer Sean Seaman described plans for Blocks C and G, including a dedicated affordable building of about 300–325 units, 10% affordable units in a market-rate building, ground-floor retail and a day care, and a mid‑to‑late 2026 construction start for phase 1.
Sean Seaman, chief development officer for the Fallon Company, updated the East Bank Development Authority on the developer’s plans for the first phase of the East Bank master development, identifying Blocks C and G as the initial focus and describing housing, retail and timing for the work.
Seaman said the developer’s 30-acre portion of the project will concentrate first on Block C and Block G, with Block C divided into C1 (a full-service hotel) and C2 (a multifamily building) and G1 designated as a dedicated affordable housing building. "The first phase will include 325 in the dedicated affordable building. That's G1 — 300 to 325," Seaman said, describing the affordable building’s size. He also said C2 would include a 10% affordable set‑aside within the market-rate building.
The developer identified affordability levels…
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