Early in 2003, Omni searched for land along the Route 2 corridor to develop apartments using the State’s Chapter 40B comprehensive permit law.
Omni believed many regional and national developers would be attracted to a permitted apartment site in the Acton/Westford market and ultimately secured permits for one project consisting of 296 rental apartments and 64 condominiums in Acton and 84 rental apartments in Westford.
In December of 2006, Omni consummated a sale to AvalonBay who subsequently completed the project.
