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A long-anticipated conservation and residential development project at the Stow Acres Country Club is approaching its final stages as a 189-unit mixed-income housing development project awaits approval by the Town of Stow.
Harvard-based developer MCO & Associates, Inc., Stow Conservation Trust, the Stow Planning and Conservation Departments, and Stow Acres Country Club are part of a public-private partnership aiming to redevelop the Country Club’s north course.
The Town of Stow completed the purchase of 109 acres of the site for conservation and recreation on Jan. 13 for $3.535 million, according to a press release from the Town.
Thirty-two acres will be set aside for the proposed The Residences at Stow Acres, which will feature 124 single-family homes, 40 cottage rentals, and 25 age-62+ rental apartments, according to the developer's website. There will be an affordable component to the development. The proposal stresses the use of traditional New England-style architecture in the project.
The developer is constructing another cottage rental community, MCO Cottages in nearby Lancaster, expected to be on the market in spring.
The Town of Stow and the country club are planning a deal where a portion of the north course will be available for play for up to 10 years, according to the Town of Stow website. The 18-hole south course will operate normally.
In 2021, the Town paid $1.5 million to the country club’s owner to purchase a permanent conservation restriction on the 151-acre Stow Acres South Course using Community Preservation Act Funds. The agreement is part of the property’s deeds and ensures the property will remain open for outdoor recreational use.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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