Overview: Miamilx Q, led by principal owner Selim Lahoud, successfully redeveloped the property at 37-49 Pleasant St. in Worcester, Massachusetts. This property was transformed from a vacant, boarded-up space into a vibrant residential and commercial hub, combining historical preservation with modern functionality. Miamilx’s commitment to restoring historical character while implementing modern enhancements is evident in the redevelopment of this iconic property.
Project Details: The property at 37-49 Pleasant St. consisted of multiple buildings, including the legendary Tammany Hall, a historical brothel and saloon. The transformation focused on creating a mix of residential and commercial spaces that respected the building’s historical significance while adapting it to meet modern demands.
Development Highlights:
Residential Development: Eight residential units were developed at 49 Pleasant St., offering luxurious, well-designed living spaces. The units combined the charm of historical architecture with modern amenities, creating an attractive option for buyers.
Commercial Spaces:
A commercial unit was developed at 47 Pleasant St., contributing to the property’s mixed-use concept.
Club Red 1888, an upscale nightclub and bar, was established at 41 Pleasant St., revitalizing the nightlife scene in the area.
A clothing store was opened at 39 Pleasant St., providing a retail offering that added to the vibrant character of the property.
Renovation and Modernization: The development process included:
Complete interior and exterior renovation of the property to ensure compliance with modern building codes while preserving its historical elements.
Architectural upgrades that preserved the property’s historical charm, blending the old with the new.
The adaptive reuse of Tammany Hall as a part of the overall redevelopment, maintaining the historical significance of this iconic building.
Outcome and Market Response: The entire property was completely leased and subsequently sold by the end of 2003. The blend of luxury residential units, upscale commercial spaces, and a thriving nightlife establishment made the project highly desirable, ensuring rapid occupancy and interest from buyers.
Developer Profile – Selim Lahoud: Selim Lahoud has been developing properties in Worcester for over 18 years, with a focus on retaining the historical character of the properties while infusing them with modern architectural styles. His innovative vision for 37-49 Pleasant St. ensured that the project became one of the most well-regarded redevelopments in Worcester. The property has since become a landmark, showcasing Miamilx’s commitment to innovative design, historical preservation, and community revitalization.