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Malden's Newest Assisted Living Development Open for Business

Monday, June 17, 2019

Malden’s newest assisted living development is open for business.  Owned by Volunteers of America, a not-for-profit, Forestdale Park Assisted Living & Compass Memory Support at 341 Forest Street features 3 independent senior apartments, 60 assisted living apartments and 18 apartments in the Compass Memory Support Neighborhood. It is built on the site of the former McFadden Manor, a city-owned nursing home. The manager of the facility is Senior Living Residences. Private investment in the redevelopment and preservation of the site totals some $30 million.  The project received historic tax credits for its preservation efforts.  A ribbon cutting ceremony took place June 13, 2018.