42 52 Parker Street Gardner rendering 10 6 22
Rendering of 42-52 Parker Street Gardner MA
42 52 Parker Street 10 6 22
Progress at 42-52 Parker Street 10-6-22
42 52 Parker Street Rear Gardner MA closeup 2
Rear 42-52 Parker Street 10-6-22

Mass Ave Rentals LLC Gets Rest of Money For 29 Unit Apartment Project in Gardner MA

5 years ago, the Gardner Redevelopment Authority got a $400,000 grant to acquire the buildings at 42-52 Parker Street. Mass Ave Rentals purchased the buildings and used a $900,000 grant from the State of MA Underutilized Properties Program to begin renovations and improvements. Now, MassDevelopment and Fidelity Bank have partnered to provide a $2.9 million dollar loan to fund the balance of the project. Principal of Mass Ave Rentals Gary Lorden was assisted similarly in 2008 when he converted the former Goodnow Pearson Building in Downtown Gardner into 27 apartments.

In a Press Release on October 6, 2022, Mayor Nicholson stated, ““The work being done in downtown Gardner through MassDevelopment and Mass Ave Rentals is going to change the face of our downtown and have a positive impact on Gardner for years to come,” said Gardner Mayor Michael J. Nicholson. “This is the first time a project like this has been done in Gardner in well over a decade and I look forward to seeing people call Gardner their new home through this project. I would like to thank MassDevelopment for their continued investment in our community and Mass Ave Rentals for investing in our City.” Complete Press Release, CLICK HERE.

Anticipated Completion is July 2023.