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MassDev Bond Supports Mission Hill Restoration

MassDev Bond Supports Mission Hill Restoration

| February 16, 2016

Boston – MassDevelopment has issued a $16.8 million tax-exempt bond on behalf of RTH Restoration Housing Limited Partnership, which is using bond proceeds to help and renovate RTH Restoration Housing, a 100 percent affordable multi-family housing facility in Boston’s Mission Hill neighborhood.  Roxbury Tenants of Harvard Association (RTH), the project sponsor, will renovate 81 units […]





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MassDev Issues $10M Bond for University Station

| January 13, 2016

Westwood, MA – Through the Commonwealth’s innovative Infrastructure Investment Incentive Program (I-Cubed), MassDevelopment has issued a $10 million tax-exempt special obligation bond on behalf of University Station in Westwood, Massachusetts, which is transforming an industrial park into a vibrant mixed-use neighborhood. New England Development, the project’s developer, is using bond proceeds to help build infrastructure, such […]





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YMCA Receives MassDev Bond

YMCA Receives MassDev Bond

| July 23, 2015 | 0 Comments

Boston – MassDevelopment has issued a $22.7 million tax-exempt bond on behalf of the YMCA of Central Massachusetts, to expand and upgrade its five branch locations: Boroughs Family Branch,Westborough; Camp Lowe, Lancaster; Central Community branch, Worcester; Greendale Family branch, North Worcester; and  Montachusett Community branch, Fitchburg. Also, a $10 million tax-exempt bond had been issued […]





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MassDev Issues Bond to Winchester Soccer Club

MassDev Issues Bond to Winchester Soccer Club

| July 6, 2015 | 0 Comments

Boston – MassDevelopment recently issued a $7 million tax-exempt bond on behalf of the Winchester Soccer Club, Inc., which will use the proceeds to acquire land and build two multi-sport synthetic turf playing fields, a smaller natural grass outdoor field, and a 70,000-square-foot field house. The organization will also use bond proceeds to furnish and equip […]





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Beacon Architectural & JK Scanlan Team Up for Historic Renovation in Nantucket

| June 22, 2015 | 0 Comments

Nantucket, MA – THe 22 Federal Street project, located in the historic downtown district of Nantucket on the corner of Broad and Federal Streets, is currently under way. Designed by Beacon Architectural Associate, this 5,700sf project is a gut renovation of the original, historic structure with new additions on the west and south of the […]





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Local Developer to Transform Leominster Mill with $5M MassDev Loan

| May 14, 2015 | 0 Comments

Leominster, MA – MassDevelopment has provided a $5 million loan to The Lofts at City Place LLC, which will use the proceeds to rehabilitate an abandoned mill building in downtown Leominster. Local developer Jim Whitney will convert the 88,000sft, two-story building at 108 Adams Street into 51 units of market-rate housing. The building’s first floor will […]





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Martignetti to Build Regional HQ

Martignetti to Build Regional HQ

| April 24, 2015 | 0 Comments

Taunton, MA -The Taunton Development/Mass Development Corporation has sold 115 acres in the expanded Myles Standish Industrial Park to Martignetti Companies, New England’s leading distributor of wines and spirits. The company plans to invest more than $100 million to build its 680,000sf regional headquarters on this parcel, which represents more than half of the Taunton […]





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Hoff’s Kitchen to Create Food Facility

| April 15, 2015 | 0 Comments

 MassDevelopment Issues Bond Malden, MA – MassDevelopment has issued a $10 million tax-exempt bond on behalf of 35 Green Street LLC, an affiliate of Hoff’s Kitchen Co., Inc. Also known as Hoff’s Bakery, the company will use bond proceeds to acquire and renovate a 100,000sf building, creating a state-of-the-art food manufacturing plant that will support […]





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MassDevelopment Issues Loan to Ginkgo Bioworks

MassDevelopment Issues Loan to Ginkgo Bioworks

| March 23, 2015 | 0 Comments

Boston – MassDevelopment has issued a $1 million term loan from the Emerging Technology Fund to Ginkgo Bioworks, Inc. to help the organism engineering company finance expansion and equipment for a foundry at its Boston Seaport Innovation district headquarters. The company currently leases 11,565sf of space for its beta foundry and offices and will lease […]





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