Tag: housing
Emerging Trends in Real Estate® 2020:
Real Estate Remains a Favored Asset Class, Despite Economic Uncertainty and Forces of Change Necessitating Flexibility Report From ULI, PwC Ranks Austin, Raleigh/Durham, Nashville as Top Markets for Investment, Development Washington – Real estate in the U.S. remains a favored asset class, even as economic uncertainty looms and forces of change related to the environment, […]
MassHousing Closes on $11.2 M
Boston – MassHousing has closed on a total of $11.2 million in affordable housing financing to WinnCompanies for the development of 22 new rental housing units and 30 new condominiums on the East Boston Waterfront. The Clippership Apartments and Clippership Condominiums will create new homes for households across a broad range of incomes, including 14 […]
NEI Completes Housing Development
Chelsea, MA – NEI General Contracting announced the completion of Acadia, a new 42,000sf affordable housing development with 34 units located in Chelsea on the site of the former French Naturalization Club on Spencer Avenue. Acadia is the latest affordable housing project by The Neighborhood Developers (TND), a community development corporation dedicated to building affordable […]
MassHousing Closes on Financing
Boston – MassHousing has closed on $22.8 million in affordable housing financing to the non-profit, Just-A-Start Corporation (JAS), for the construction of 23 affordable apartments and to renovate and preserve the affordability of 65 existing apartment units in Cambridge. MassHousing provided Just-A-Start with an $8.2 million permanent loan, a $13.6 million bridge loan and $1 […]
Callahan Announces Groundbreaking
Cambridge, MA – Callahan Construction Managers announced the groundbreaking of Squirrelwood Apartments, a 12-building, 88-unit affordable housing development owned by Just-A-Start Corporation. Callahan and Davis Square Architects were tasked to renovate the 10 existing buildings and execute the design and construction of two new infill buildings, along with an addition to an existing building. The […]
High School Converted into Apts.
East Haven, CT – WinnDevelopment, the development arm of WinnCompanies, recently celebrated the start of construction on a $21.5 million adaptive reuse project to convert the historic former East Haven High School building into 70 mixed-income apartments for seniors. The four-story academic core of the building, which has been vacant for a decade, will be gutted […]
Two NEI Projects Recognized
Boston – NEI General Contracting announced that two of its projects have been recognized by the Massachusetts Historical Commission’s (MHC) 41st Annual Preservation Awards, including the Paul & Niki Tsongas Award, the Robert H. Kuehn Award, and a People’s Choice Award. In addition, a third project constructed by NEI, the Lenox Schoolhouse, was nominated for […]
Delphi Completes Noquochoke Village
Westport, MA – Delphi Construction announced the completion of construction on Noquochoke Village, a $15 million affordable housing development in Westport. The project is owned by The Community Builders Inc., a nonprofit real estate developer, owner and manager of affordable and mixed-income housing. Design was provided by DBVW Architects of Providence, R.I. Work on the […]
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 […]
