RISE Receives Financing for Everett Multifamily Development
Boston-based developer RISE will break ground in the third quarter on a 46-unit apartment complex in Everett after securing $23 million in financing.
Boston-based developer RISE will break ground in the third quarter on a 46-unit apartment complex in Everett after securing $23 million in financing.
Some residents’ opposition to multifamily housing frequently dominates headlines, but developers say understaffed and fragmented town hall bureaucracies are just as big a problem in Boston suburbs.
Experts from Arrowstreet, National Development and btcRE discuss reuse and repositioning trends in Boston and beyond.
Renovation and repositioning of 50 Hunt St. in Watertown has transformed the property into 25,000 square feet of creative office space and attracted a crop of new tenants ranging from a nonprofit to digital marketing firm.
Boston-based developer btCRE has completed the conversion of 179 Bear Hill Road into a modern, flexible workplace for office, lab, R&D and light industrial users.