Groundbreaking ceremony marks start of Centralville housing project

LOWELL — A groundbreaking ceremony was held Aug. 13 to celebrate the start of a new affordable housing development in the Centralville neighborhood. The project, spearheaded by local developers Peter Marlowe and David Degan, is expected to bring much-needed housing to the area.

The event was attended by city officials, including Mayor Dan Rourke and City Manager Tom Golden, as well as community members and project partners.

Marlowe and Degan, both lifelong residents of Centralville, expressed their excitement about giving back to the community where they grew up. They emphasized the importance of providing affordable housing options for families in the area.

The project involves transforming the property purchased from the East End Social Club into a mixed-use development. It will include new apartments and condominiums, as well as a renovated club space. The developers hope to create a vibrant community hub that will benefit residents for years to come.

Funding for the project is provided through a partnership with Lowell Five Bank and the city of Lowell, who provided significant support with U.S. Department of Housing and Urban Development financing supporting these affordable housing units. Marlowe thanked numerous individuals and organizations for their contributions to the project, including city officials, engineers, architects, and financial partners.

Marlowe and Degan’s latest project marks another step in the ongoing revitalization of Centralville. With its completion, the neighborhood will be significantly transformed, offering a brighter future for new and current residents of the city of Lowell.