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Malden's Newest Assisted Living Development Open for Business

Malden’s newest assisted living development is open for business.  Owned by Volunteers of America, a non-profit, Forestdale Park Assisted Living & Compass Memory Support at 341 Forest Street contains 80 units of assisted living and memory care. It is built on the site of the former McFadden Manor, a city-owned nursing home. The owner reports 35 units are occupied at this time. The manager of the project is Senior Living Residences. Private investment in the redevelopment and preservation of the site totals some $28 million.  The project received historic tax credits for its preservation efforts.  A ribbon cutting ceremony took place June 13, 2018.