Reservoir Point Proposes 255 Apartments in Worcester
Worcester Mill LLC seeks approval for seven apartment buildings at 195 Mill St. across from Coes Pond.
Updated on Nov. 2, 2026 in Apartments
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Worcester Mill LLC has proposed 255 apartments in seven buildings at 195 Mill St., and the zoning board of appeals will review a special permit and variance request for the project at its Nov. 9 meeting.
Why it matters
The proposal comes as the city says it needs thousands more housing units, with Worcester adding 1,023 units in 2025 after 399 in 2024. Its outcome will show how Worcester's housing growth is handled at the neighborhood level.
The proposal includes studio, one-bedroom and two-bedroom units across buildings of four and five stories, with 389 parking spaces, including 39 electric vehicle spaces, 16 accessible spaces and 85 compact spaces. The documents do not state whether the developer will pursue the one-time 3% payment that would replace the affordable housing requirement.
The players
Worcester Mill LLC
The company behind the proposed Reservoir Point development at 195 Mill St., seeking a special permit and variance from the city.
Worcester Zoning Board of Appeals
The local board reviewing the special permit and variance request for the proposal at its Nov. 9 meeting.
The details
The seven buildings, three five stories high and four four stories high, sit across the street from Coes Pond. Because the project has more than 12 units, it is subject to Worcester's inclusionary zoning ordinance, which allows developers to opt out with a one-time payment.
Timeline
Nov. 9: Zoning board of appeals reviews the Reservoir Point special permit and variance request.
2024: Worcester added 399 housing units.
2025: Worcester added 1,023 housing units, and the city published its RKG housing analysis.
Fiscal Year 2026 to Fiscal Year 2030: Timeframe for the city's housing production policies.
Market Context
The city's 2025 RKG Associates analysis projects Worcester needs 12,304 additional housing units by 2033, and city officials plan a zoning rewrite and reduced parking minimums to boost production. Reservoir Point is one of the projects that will test whether those policies translate into new units.
Worcester residents near Mill Street and Coes Pond would see a seven-building apartment complex with 389 parking spaces if the project is approved. The outcome will determine whether new apartments become available in the area and how much parking the development adds to nearby streets.
The takeaway
Watch the Nov. 9 zoning board meeting to see whether the Reservoir Point proposal and its affordable housing terms move forward, since those decisions will shape how Worcester meets its housing needs.
What happens next
The zoning board of appeals will review the Reservoir Point special permit and variance request at its Nov. 9 meeting.
Further reading
Explore more Apartments coverage for context on housing developments like this one.
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