The city of Medford partnered with Transom Real Estate to begin an extensive redevelopment of three city-owned parking lots. The project, as outlined in an initial proposal, will transform the lots into a mixed-use retail and residential square with a grocery store.
The revamp will add 283 new apartments, including 56 affordable units restricted to households earning 80% of the area median income.
Transom’s proposal also includes a grocery store, cafe and 567 parking spaces — 184 more than the current lots provide. Design features like crosswalks and a courtyard area will accommodate pedestrians and cyclists.
“These lots present a unique opportunity to transform Clippership Drive into a legitimate destination for our region, and the proposal Transom submitted fits so well with that vision,” Medford Mayor Breanna Lungo-Koehn said in a press release. “It’s important to remember that this proposal is just that, a starting point, and a potential look at what the space is capable of.
Lungo-Koehn added that “there is work to be done before shovels hit the ground,” but that “the community will be involved every step of the way.”