The Briscoe School project has been approved by the Beverly City Council. The project is a collaboration of Harborlight Community Partners and Beacon Communities named Briscoe Village for Living & the Arts.
When the redevelopment is complete it will contain 91 units. 85 of the units will be age-restricted at 55 and over and income restricted at 30% and 60% Area Median Income. The other 6 units will be artist studios. The auditorium will be converted into a public theater with approximately 500 seats.
Start time on the project will depend on financing. Funds will come from a few different sources including historic rehabilitation tax credits, state & federal low-income housing funds, and local funds.