The Basin at 200 Quannapowitt: Phased Progress in Wakefield, MA

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_I1A4118 Emily O'Brien

The Basin at 200 Quannapowitt continues to advance on schedule as Cabot, Cabot & Forbes transforms this prominent lakeside property into a vibrant new residential community in Wakefield, Massachusetts. Located along the scenic shores of Lake Quannapowitt, the project began with demolition on May 1, 2023, marking the start of a major redevelopment that will deliver more than 440 modern apartments in a highly connected location north of Boston.

Since breaking ground, the project team has maintained steady momentum. Building 1, comprising 64 units, opened in August 2025 and is now leasing. Building 3 Part 1, with 160 units, is leasing for November 2025 move-ins. Building 3 Part 2, featuring 130 units, is on track to turn over in Q1 2026, followed by Building 2, which will deliver 86 units in Q2 2026. This phased delivery strategy supports continuous leasing activity and a smooth transition through construction, occupancy, and stabilization.

When complete, The Basin at 200 Quannapowitt will provide residents with a mix of thoughtfully designed floor plans, upscale amenities, and direct access to outdoor recreation, including Wakefield’s lakefront trails and public parks. The property’s proximity to I-95 / Route 128, the MBTA Commuter Rail, and downtown Wakefield makes it ideal for residents seeking modern living within reach of Greater Boston’s top employment centers.

Cabot, Cabot & Forbes remains committed to delivering transformative, high-quality development that enhances local communities.

Learn More: https://www.equityapartments.com/greater-boston/wakefield/the-basin-apartments

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