Assabet River Bluff has been conserved!
On August 9, 2022, the Town of Concord and the Concord Housing Development Corporation purchased this 7-acre property that sits along the Assabet River and the Bruce Freeman Rail Trail in Concord. Six acres will be protected as open space, and one acre will be set aside for affordable housing.
SVT and the Concord Conservation Land Trust assisted with fundraising and public outreach initiatives. Together, we are working on a conservation restriction that we will co-hold to provide an additional layer of protection for the property.
At a Glance
- The Assabet River Bluff property consists of two parcels totaling 7 acres along the Assabet River and the Bruce Freeman Rail Trail, including a two-family home at 406 Old Marlboro Road.
- In summer 2021, the owners offered the Town of Concord one year (at least through May 2022 Town Meeting) to come up with a proposal to purchase it for $2.8 million.
- The Concord Community Preservation Committee approved a proposal to use open space and affordable housing funds to purchase the property.
- Five units of affordable housing are proposed on one acre of the property ("Parcel A" on map; open pdf). This includes the existing two-family home at 406 Old Marlboro.
The Town was awarded a $500,000 Land & Water Conservation Fund grant toward the purchase, and was given approval to close. The property was purchased on August 9, 2022. SVT and CLCT will co-hold a conservation restriction over the land to give it further protection.
Thank you to everyone who has supported this project.