Peabody Properties Announces Solara in Tiverton, RI

Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms now celebrating its 48th anniversary, is excited to announce the completion of Solara, in Tiverton, Rhode Island, a new construction apartment building expected to be ready for move-in this summer.

Solara is the 17th community managed by Peabody Properties in Rhode Island. It is the sister community of Bourne Mill Apartments, a newly constructed four-story building consisting of 59 mixed-income apartments located on the site of the redeveloped Bourne Mill complex in Tiverton.

The charming community of artfully designed studio, one-, and two-bedroom apartments at Solara will feature amenities including a community room with billiards, lounge and caterer’s kitchen, a library, fitness center, electric car-charging stations, on-site covered parking, bicycle storage, landscaped courtyard with seasonal gardens, scenic pond front setting, and professional management with 24-hour emergency maintenance.

Located in the heart of Tiverton, Solara is easily accessible to shopping, dining, and entertainment destinations and close by to highways and public transportation stops.

Both Solara and Bourne Mill Apartments will benefit from solar heating initiatives as a result of grant funding from the Rhode Island Office of Energy Resources. As Net Zero Energy buildings, the total amount of energy used over the course of a year is roughly equal to the amount of renewable energy produced on-site. This balance is achieved through a combination of energy-saving measures, with the goal of significantly reducing environmental impact by minimizing greenhouse gas emissions.

For more information, please visit: https://www.livesolarari.com/

About The Peabody Companies

Headquartered at 536 Granite Street, Braintree, Massachusetts, The Peabody Companies and its affiliates – Peabody Properties, Peabody Resident Services, Peabody Supportive Housing, Peabody Real Estate, and Peabody Miami – represent a legacy of excellence in the real estate sector. Founded in 1976 and led by Karen Fish-Will and Melissa Fish-Crane, this full-service, award-winning real estate firm is an Accredited Management Organization (AMO) that oversees more than 14,650 housing units across New England, with additional properties in New Jersey and Florida.

Peabody Properties, a cornerstone of the group, specializes in property management, demonstrating a remarkable blend of quality service and expertise. Peabody Resident Services, a unique arm of the company, underscores a deep commitment to enhancing resident experiences by focusing exclusively on developing supportive services and programs for affordable housing communities.

As a Women Business Enterprise (WBE), certified by the Massachusetts State Office of Minority and Women Business Assistance (SOMWBA), The Peabody Companies has been recognized for its dedication to diversity and inclusion. This commitment is further evidenced by their ranking on the 2023 National Affordable Housing Management Association (NAHMA) Affordable 100 List and their repeated recognition as a Top Place to Work by The Boston Globe in 2017, 2018, 2019, and 2023.

Discover more about The Peabody Companies’ impactful real estate journey and community-driven initiatives at http://www.wearepeabody.com Connect with us on LinkedIn, Facebook, Instagram, and YouTube to stay updated on our latest projects and achievements.