Tag: housing
BPDA Approves New Residential Units
Boston – The Boston Planning & Development Agency (BPDA) has approved development projects in neighborhoods across the city which will create an additional 182 residential units, including 26 income-restricted, 100 construction jobs, 25 direct jobs, and 53 indirect and induced jobs. The newly approved Dot Block project, located along Dorchester Avenue, adds 126 residential units […]
Connecticut Building Congress Hosts Hartford Has It!
Hartford, Conn – The Connecticut Building Congress will host the program “Hartford Has It! Housing, Retail and Infrastructure Development in the Capital City and Surrounding Towns.” Tuesday, April 9, 2019 at The Marquee, 960 Main Street, Hartford, Connecticut. The event will start at 5:30 pm with networking and registration. Learn from community leaders about upcoming public […]
NEI Transforms Dorm into Affordable Housing
Boston – NEI General Contracting has completed its fourth project for the Planning Office for Urban Affairs, Inc. (POUA), a nonprofit housing developer affiliated with the Roman Catholic Archdiocese of Boston. NEI oversaw the historic adaptive re-use of the 56,000sf Kennedy Hall at Cardinal Cushing Center in Hanover into 37 affordable and workforce housing units, […]
Cambridge Affordable Housing Financed
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, […]
121 First Street Pre-Leases To CarGurus
Cambridge, MA – Urban Spaces recently announced that it has leased 100% of the office component of 121 First in East Cambridge/Kendall Square to CarGurus, Inc. 121 First is a mixed-use development comprised of 50,000sf of office space, 10,000sf of retail, and 50 parking spaces. The building is currently under construction and is expected to be […]
Mass. Workforce Housing Debuts
Lynn, MA – The first-ever multifamily project funded by the state’s new $100 million Workforce Housing Initiative recently celebrated its opening with a ribbon-cutting attended by Governor Charlie Baker. Designed by The Architectural Team, Inc. (TAT), the 71-unit mixed-income, mixed-use development called Gateway North provides high-quality homes for low- and middle-income households, and serves a varied demographic that may not qualify […]
Vacant Building to Become Housing
Worcester, MA – MassHousing has closed on a total of $5.1 million in affordable housing financing to support the redevelopment of Worcester’s Central Building. The financing will allow the Central Building Development Group to transform a vacant former office building in downtown Worcester into a new, 55-unit mixed-income housing community that will include 14 workforce […]
Women’s Organization Gets Reno Financing
Worcester, MA – MassDevelopment has issued an $8.2 million tax-exempt bond for Abby’s House, an organization in Worcester that provides housing, shelter, and support services to homeless and low-income women, with or without children. The organization will use bond proceeds to renovate its 53-unit single occupancy facility at 52 High Street in Worcester. The renovations […]
Residential Communities Get Financing
Boston – MassHousing recently closed on a total of $49.3 million in affordable housing financing to affiliates of Preservation of Affordable Housing (POAH) and the Madison Park Development Corporation to support the ongoing first phase of the Whittier Choice Neighborhoods Initiative. The financing will advance the phased demolition and redevelopment of the Boston Housing Authority’s 200-unit Whittier […]
Alta Union House Celebrates Groundbreaking
Framingham, MA – Wood Partners, a real estate development and construction firm, recently celebrated the groundbreaking for Alta Union House, a high-end transit-oriented residential community located in downtown Framingham at 75 Concord St. Combining modern amenities with Framingham’s architectural heritage, Alta Union House is a symbol of the changing face of Framingham and the MetroWest region. Jim Lambert, director […]
