Situated at the former site of the Hilltop Steak House restaurant, Avalon Saugus is currently under construction and will offer studio, one- and two bedroom apartment homes for lease. Homes are scheduled for occupancy in spring 2019 and include quartz stone countertops, stainless steel ENERGY STAR® appliances and in-home washers and dryers. On-site amenities include a 24-hour fitness center, resident lounge, eco-friendly swimming pool and outdoor lounge. Avalon Saugus is adjacent to 20,000+ square feet of onsite retail, including a Starbucks and 110 Grill.
AvalonBay Communities, Inc. and Crosspoint Associates, Inc. have partnered to deliver +/- 25,000 square feet of retail space. The retail space will be delivered in fall 2018, prior to delivery of the residential apartments. Tenants that have signed leases include Starbucks, 110 Grill and Salem Five Bank. AvalonBay and Crosspoint are currently in discussions with other exciting service-oriented retail and restaurant tenants, all of which provide desirable amenities for residents at Avalon Saugus as well as the broader community.
AvalonBay Communities, Inc., an equity REIT, has a long-term track record of developing, redeveloping, acquiring and managing distinctive apartment homes in some of the best U.S. markets, and delivering outsized, risk-adjusted returns to shareholders. With equal parts experience and vision, we’ve established a leadership position rooted in building value for the long term.
For more information about AvalonBay Communities, Inc., click here to be directed to our corporate website.