Norwood's Condominium Landscape Growing

As one rides past the construction site at the corner of Lenox and Nahatan St., many questions may be raised as to what will replace the town landmark. Local function hall Concannon’s Village holds many meaningful memories for Norwood residents everywhere. Since its opening in 1972, there have been countless weddings, anniversaries, graduations, and fundraisers, which have made the building a fundamental part of this town's history. However, as with everything, change is inevitable, and Norwood is not the town it was 45 years ago. Now, in 2017, the Concannon’s Village has given way to the Lenox Village development.
Lenox Village will consist of two, nine-unit buildings, creating a total of 18 residential townhouses available for purchase. Both buildings will offer a choice of two to three bedrooms. While the first building is scheduled to be ready for occupancy this June, the second will continue its construction throughout the summer and into the fall.
“Norwood residents have been looking to downsize in past years, which is why there has been a focus on the construction of townhomes and condominiums,” Norwood Building Inspector Mark Chubet said.
According to Chubet, since the town has little open buildable land, there is a prevalent rise in knockdowns of old properties in order to achieve the maximum amount of land for new construction. The Concannon’s Village building site follows that pattern.
Endicott Woods is another example of Norwood' new complex boom. The two-level residences provide residential opportunities with 112 brand new townhomes. Consequently, it is these types of buildings, and Norwood’s low tax rate ($11.12 per thousand assessed) that are attracting potential home owners.
“[These complexes] are consistent revenue for the town”, says Chubet.
Norwood is getting a few smaller facelifts this year. Hawes pool house in specific has undergone construction, and it is scheduled to be ready before summer swim classes and camps begin. A small part of the Guild Street bridge is also being replaced, which after 120 years is long overdue. The project should be finished by May, 2017. These smaller refurbishments are beneficial improvements providing Norwood residents with better facilities.
The creation of new and the restoration of old is connecting Norwood’s past with its future; and town residents at all points in life are positively affected. The new construction is bringing in more revenue to Norwood, creating more residential opportunities for present and future residents, as well as adding value to the town. The townhomes and condominiums allow those who wish to downsize the ability to do so, and new home owners the perfect starting point.