Up by nearly a third since 2021
The Middlesex County Board of Supervisors (MCBS) learned in February that the cost of building a 24-unit workforce housing complex at Cooks Corner has increased approximately 25% to 30% from when it was first priced in 2021.
Bay Aging official Alan Walker informed the board that it would cost approximately $5,644,000 to build the project today and Bay Aging is in the process of searching for $2.8 million of currently un-pledged funding sources to begin the project.
