New architectural drawings and other details were released this week revealing more about the plans to redevelop Penguin Hall – the former Mullen Advertising property in Wenham.
The will hear the details when it meets on Thursday at 7 p.m. at .
On Monday, property owner Jim Mullen and developer Chris Wise, CEO of Wise Living, said in a joint announcement that 150 Phase I units for the senior living condominium project are planned for the site, with 136 units in the historic Penguin Hall and 14 units in three newly built “Manor Houses.”
Phase 2, which would be built “if and when demand is demonstrated,” calls for another 60 units connected to the main building plus 28 units in two additional Manor Houses.
The , in a conceptual sense, in October.
It’s the second plan for the property since Mullen Advertising moved its headquarters from Penguin Hall to downtown Boston in 2009. While that move happened after Mullen sold the company that carries his name, he still owns the 50-acre property off Essex Street in Wenham near the Beverly line.
“The new condominiums are 900 square feet to over 2,000 square feet, larger and more refined than the original Deaconess project,” Mullen said. “Moreover, Chris and I now plan for a maximum of 238 units in the current community versus 391 planned by the Deaconess. This is a substantial project upgrade - fewer units of much higher quality.”
More details will be unveiled in the coming months and Mullen and Wise will continue to look for feedback from town boards and commissions plus local residents – and incorporate that feedback into the plans.
Voters at the Annual Town Meeting in May will be asked to approve a rezoning to allow the development.
“There are a number of approvals we need over time,” Mullen said in an interview on Monday.
Mullen said he does not want to spend a lot of time and money developing a plan that he thinks is right – but lacks community support.
“There are a number of approvals we need over time,” Mullen said. “There are a series of meetings we will have with the Planning Board.”
Mullen has scheduled public meetings for later this month and early February for local residents who may be interested in purchasing a unit for themselves or a family member to hear more about the plans for the property and ask questions.
The meetings are scheduled for Jan. 20, Jan. 27 and Feb. 3 at 10:30 a.m. and 1:30 p.m.. Reservations are required because space is limited. Anyone interested in attending should call Wise Living at 978-468-2645 or e-mail email@example.com to register.