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Developers outline North Canal redevelopment with '0 displacement' goal for existing tenants
Summary
New North Canal LLC presented plans to redevelop 463 Moody Street and 281 Moody Street into senior and family housing with a community building, shared open spaces and a stated goal of zero displacement for current residents. The team said they have zoning and planning approvals and are seeking design input from the board before filing for public hearings.
At an informational session the board heard a presentation from New North Canal LLC and their design team on proposed redevelopment in the North Canal area.
Attorney Catherine Flood said the team has received variance approval from the zoning board and site plan approval from the planning board and requested the board’s input ahead of a public‑hearing filing. The proposal covers two properties: 463 Moody Street, to be converted into a four‑ to five‑story senior housing…
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