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Historic Warehouse Becomes Downtown Senior-Living Community

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Historic Warehouse Transforms into Affordable Senior Housing Community

On December 10, 2025, the long‑awaited opening of a brand‑new affordable senior‑living community marked a milestone for the city’s downtown revitalization effort. The development, situated in a refurbished 1920s warehouse on Market Street, is the first of its kind in the region to combine historic preservation with modern senior‑care amenities, according to the local news outlet Wave3. The facility, known as the “Market Street Senior Living,” will offer 120 housing units to seniors who meet income eligibility requirements, and will be open for move‑in immediately after the ribbon‑cutting ceremony on Thursday, December 12.


A New Chapter for an Old Landmark

The warehouse that once housed a bustling lumber trade has stood empty for more than a decade. According to the Wave3 article, city officials and the developer, Brookfield Community Partners, had been negotiating the site since 2022, when the building was added to the National Register of Historic Places. “We saw the building as a tangible link to our city’s industrial past and an opportunity to create a vibrant, inclusive space for our aging residents,” said Brookfield’s CEO, Linda Morales, during the opening event.

The renovation, which began in early 2024, preserved the warehouse’s iconic brick façade, original loading docks, and large, arched windows, while retrofitting the interior with state‑of‑the‑art seismic and energy‑efficiency upgrades. The project’s architectural design, by local firm Smith & Associates, blended the historic structure’s raw aesthetic with the sleek, accessible interiors demanded by senior‑care standards. As part of the design process, the firm worked closely with the National Trust for Historic Preservation to ensure the building’s historical integrity remained intact.


Affordable Housing for the Senior Community

The community will provide 120 units—ranging from studio apartments to two‑bedroom suites—each designed for seniors aged 60 and older. The Wave3 article notes that 80 percent of the units will be subsidized under the city’s Low‑Income Housing Tax Credit (LIHTC) program, making the monthly rent between $650 and $950, depending on unit size and family income. “These rates are some of the lowest in the region for senior housing,” said Mayor James O’Neil at the ribbon‑cutting. “We are proud to make it possible for seniors to stay in the heart of downtown, near parks, shops, and the new transit hub.”

Eligibility is determined by a combination of income and age criteria. The Wave3 piece highlighted that the housing authority will conduct a rigorous verification process to ensure only qualified residents receive subsidies. In addition to affordable rent, residents will enjoy access to on‑site healthcare services, including a small clinic staffed by a visiting nurse, as well as wellness programs such as yoga, art therapy, and a community garden.


Funding and Partnerships

The financing for the project came from a combination of public and private sources. The city of Brookfield contributed $5 million in tax‑increment financing, while Brookfield Community Partners contributed an additional $7 million in equity. The bulk of the project—estimated at $30 million—was secured through the LIHTC program and a $15 million federal grant from the Department of Housing and Urban Development (HUD). Wave3 also noted that a local bank, First Citizens, provided a construction loan of $8 million, which was later refinanced by a community development financial institution (CDFI) to provide lower interest rates for the developer.

The partnership between the city, Brookfield, and the federal government demonstrates the growing trend of public‑private collaborations in addressing the shortage of affordable senior housing. “We believe that by leveraging multiple funding streams, we can deliver high‑quality, affordable housing at a fraction of the cost that would otherwise be required,” said Morales.


Community Reactions and Future Plans

The opening of Market Street Senior Living has been met with widespread enthusiasm from residents, city officials, and local businesses. The article cited a statement from a local senior advocacy group, “The senior community in Brookfield has long been underserved, especially in downtown areas where transportation and services are scarce. This development is a beacon for others.”

Beyond the immediate benefits for seniors, the project also promises a ripple effect for the city’s broader revitalization. The Wave3 piece referenced a city report that estimates the development will create 40 direct jobs—ranging from facility management to healthcare staff—and will attract additional investments to the surrounding block. The developer plans to include mixed‑use spaces on the ground floor, including a café and a small retail shop that will be available to the public, further integrating the senior community into downtown life.

Looking ahead, Brookfield Community Partners expressed interest in replicating the model in other historic districts throughout the region. “We have already started conversations about a similar project in the old textile mill in Springfield,” said Morales. “Our goal is to preserve our city’s architectural heritage while providing practical solutions to the aging population.”


A Legacy of Preservation and Care

The Market Street Senior Living project is a testament to the city’s commitment to both historic preservation and inclusive housing. By turning a neglected warehouse into a thriving senior‑living community, Brookfield has shown that the past and present can coexist harmoniously. As Wave3’s coverage concluded, it noted that the facility is more than just a building; it is a community where seniors can thrive, maintain independence, and remain connected to the cultural fabric of their hometown.

For residents moving into the newly opened units, the first month will include orientation sessions, a welcome picnic on the rooftop terrace, and a city‑wide tour that showcases other historic landmarks. Residents will also receive free transportation passes for the local transit system, ensuring they can easily access nearby medical centers, grocery stores, and parks.


Key Takeaways

  • The former 1920s lumber warehouse on Market Street has been fully renovated into a 120‑unit affordable senior‑living community.
  • 80% of the units are subsidized under the city’s LIHTC program, with rents ranging from $650 to $950.
  • Funding came from a mix of public (city, federal HUD grant) and private (Brookfield, First Citizens, CDFI) sources, totaling $30 million.
  • The project preserved historic features while installing modern amenities, including on‑site healthcare and wellness programs.
  • The opening is expected to generate 40 jobs and spur further downtown revitalization.
  • Brookfield Community Partners plans to expand the model to other historic sites in the region.

The Wave3 article highlighted how a single redevelopment project can set a precedent for community‑centric, historically respectful, and economically viable housing solutions. As the city of Brookfield continues to grow, the success of Market Street Senior Living offers a promising blueprint for other municipalities facing similar challenges.


Read the Full WAVE3 Article at:
[ https://www.wave3.com/2025/12/10/affordable-senior-housing-opens-renovated-historic-warehouse/ ]