Cordeiro Group shifting focus with new downtown Fall River building

FALL RIVER — The latest building in the Cordeiro Group’s rapidly expanding real estate portfolio has hit a milestone.

The real estate development group in late February celebrated the final beam placement in what it’s calling Campbell Crossing, a 52-unit apartment building coming to Bedford Street.

“Now all that steel is in place,” said Melanie Cordeiro, vice president and chief marketing officer for The Cordeiro Group. “It’s all moving along. We’re actually five weeks ahead of schedule.”

The group on Feb. 20 invited public officials and workers to sign the last beam as it was put in place, including Mayor Paul Coogan, state Rep. Carole Fiola, architect David Andrade and others.

What was at the Campbell Crossing site?

The building occupies about two-thirds of a block between 7th and 8th streets, and is aimed at bringing market-rate housing in a modern apartment setting to a neighborhood unused to it.

It’s also creating a five-story building on a spot that’s been asphalt for decades.

The site at 295 Bedford St. was previously a parking lot; part of the property was once the home of used car dealer Cantin’s Clunkers, while another section was auto body shop Jeronimo’s Collision Center on 7th Street.

In August 2025, the Cordeiro Group received $2.5 million in state tax credits to help build Campbell Crossing as part of the the Housing Development Incentive Program, a program that aims to spur development of market-rate housing in Gateway Cities like Fall River.

New apartment building shows focus toward larger apartments

Campbell Crossing will be five floors, with commercial space on the ground floor as well as about 8,000 square feet for Community Connections, which will run an adult daycare facility.

“Levels 2 to 5 will be the residential units, a total of 52 units,” Cordeiro said.

Of those, four units will be three-bedroom apartments, 13 will be two-bedrooms, and 35 will be one-bedrooms. Cordeiro said the company has been moving away from constructing smaller apartments and thinking bigger, due to customer demand.

“We had been doing smaller units for the last two buildings, which was the International Ladies Garment Workers’ Union building. That was studios with a couple of one-bedrooms,” she said. “And then the Merrill Building that we had just completed and opened in September of 2025, was predominately studio with some one-bedroom units.

“Now we’re seeing during the rental process … that larger units are more in demand, so that is why we are not going to shift focus,” she said. “We are done with studio units.”

Among amenities for renters will be a community game room and a fitness center. Rental units will contain in-unit laundry machines.

“Now we’re seeing during the rental process … that larger units are more in demand, so that is why we are not going to shift focus,” she said. “We are done with studio units.”

Among amenities for renters will be a community game room and a fitness center. Rental units will contain in-unit laundry machines.

Downtown apartment strategy

The Cordeiro Group in recent years has been executing a strategy of filling Fall River with market-rate apartments, all within easy walking distance of each other, shops, dining, and public transit — a plan that Anthony Cordeiro has dubbed an effort to take “the darkness” out of the downtown.

The company has committed tens of millions of dollars to renovating buildings and erecting others, and filling them with professional, urban young people in a cluster of upscale, amenity-rich pet-friendly apartment complexes they’ve dubbed Downtown Lofts, including the Benjamin & Nathan, Trolley Square, Garment Workers’ and Merrill buildings. It also developed and runs Commonwealth Landing on Davol Street.

The company is also the process of building more market-rate apartment buildings at the site of the former Silvia School and at 60 Hartwell St., within blocks of downtown.

Market-rate apartments generally cater to three demographics: empty-nesters downsizing from houses, young professionals moving to the city, and other renters looking for more amenities than are founding Fall River’s traditional apartment stock of aging triple-deckers. Anthony Cordeiro has said his buildings fill up with tenants quickly.

Melanie Cordeiro said the Campbell Crossing building will be named after her cousin, Campbell Cordeiro.

“These projects, they’re deeply personal for us,” she said. “We’ve long believed in Fall River. It’s not just a place we do business, but it’s a place we call home.”

 

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