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Erland Completes City Square Addition

Erland Completes City Square Addition

| July 13, 2018

Worcester, MA – Erland Construction recently completed downtown Worcester’s new residential addition, 145 Front Street at City Square. The 398,000sf transit-oriented project, developed and managed by Roseland Property Company, includes two buildings that collectively feature 368 apartments, connected by a parking garage with 409 spaces. Designed by ICON Architecture, this mixed-use property houses four retail […]

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MassDev Issues Bond For Multi-Res Project

MassDev Issues Bond For Multi-Res Project

| July 12, 2018

Boston – MassDevelopment has issued a $9.4 million tax-exempt bond on behalf of 61 Heath LLC. The bond proceeds will be used to build a 47-unit affordable multifamily rental housing facility at the site of a vacant lot in Boston’s Jamaica Plain neighborhood. 61 Heath LLC is an affiliate of Jamaica Plain Neighborhood Development Corporation […]

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Cambridge Affordable Housing Financed

| July 11, 2018

Cambridge, MA – MassHousing has closed on $17.6 million in financing to Just-A-Start Corporation for the renovation and preservation of affordability at the Close Building in Cambridge. The financing will allow Just-A-Start to preserve affordability at all 61 apartments at the Close Building for at least 30 years. Affordability restrictions at the property had expired in 2016, […]

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Virtual Building Service a Game Changer

| July 11, 2018

Brussels – Property developers, building owners and facilities managers all appreciate knowing in advance how buildings perform. Well-designed spaces and smooth people flows translate into better user experiences, higher rents and faster ROIs. However, it can be difficult to strike the right balance between higher occupancy rates and efficiency. A building that holds the maximum amount […]

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Housing Communities to be Renovated

| July 11, 2018

Bedford, MA – MassHousing has provided a total of $22.4 million in affordable housing financing to an affiliate of Preservation of Affordable Housing (POAH) for the acquisition, rehabilitation and long-term preservation of affordability at the 96-unit Bedford Village and the 14-unit 447 Concord in Bedford. POAH plans to make extensive property renovations to both housing communities. […]

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Valley Steel Stamp Expands

| July 10, 2018

Greenville, MA – MassDevelopment has issued a $1.9 million bond for CJBW Stamp LLC, the real estate arm of Valley Steel Stamp, which will use bond proceeds to construct a 17,500sf building in the Greenfield Industrial Park that the company will then lease. The new building will be next to an existing 27,500sf building that […]

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Copley Wolff to Provide Landscape Architectural Design for Pynchon Park

Copley Wolff to Provide Landscape Architectural Design for Pynchon Park

| July 9, 2018

Springfield, MA – Copley Wolff Design Group was recently contracted to redesign and upgrade Pynchon Park, located between Dwight and Chestnut streets in downtown Springfield. The firm will execute the resurrection of the park and oversee the design, construction, permitting, and testing  after several years of limited use and disrepair since its opening in 1976. Copley […]

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Construction Employment At 10 Year High

| July 9, 2018

Arlington, VA – Construction employment increased by 13,000 jobs in June and by 282,000 jobs over the past year, reaching a 10-year high, according to an analysis of new government data by the Associated General Contractors of America. Association officials said many construction firms appear to be more willing to hire amid lower tax rates […]

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Keller Joins Kallwall Corp

Keller Joins Kallwall Corp

| July 6, 2018

Manchester, NH – Michael Keller began his career with the Kalwall Corporation on the shop floor, learning the family business from the ground up at the company’s headquarters in New Hampshire. After more than a decade away, he has returned to Kalwall as Sales Representative for southeastern Pennsylvania and Delaware. Keller spent 10 years with […]

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Construction Spending Reaches Record High

| July 5, 2018

Arlington, VA – Construction spending reached a record level of $1.309 trillion in May as monthly increases in residential and public investment outweighed a decline in private nonresidential outlays, according to an analysis of new government data by the Associated General Contractors of America. Association officials warned, however, that continued labor shortages and rising materials […]

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