Yankee Candle founder’s estate pitched for housing redevelopment

Real Estate Redevelopment of the late Yankee Candle founder’s Western Massachusetts estate is underway with plans for a $200 million active lifestyle community for adults 55 and older, featuring luxurious amenities like an indoor water park and movie theater. Developer Joshua Wallack proposed the project after realizing the estate’s grandeur would be better suited for a community rather than a single-family home, with plans to include affordable housing units under state law Chapter 40B. The development team is finalizing plans to submit to MassHousing, aiming to create a community that minimizes traffic and maximizes quality housing options.

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