by CommonWealth Beacon | Mar 2, 2026
Malden and five other cities have struggled to draw investment to its blighted downtown areas. But thanks to a new partnership with MassDevelopment, locals hope that’s about to change
by Steve Adams | Feb 13, 2026
Owners of a Chelsea pre-flight airport parking lot are proposing a 564,000 square-foot parking garage as the first phase of a development at the 23-acre property.
by CommonWealth Beacon | May 2, 2025
A project that would keep floodwaters out of Everett’s booming Commercial Triangle development zone and Chelsea’s Mystic Mall could be dead due to Trump administration cuts.
by Steve Adams | Apr 8, 2025
Mass Audubon hopes to acquire an 18-acre Chelsea property previously eyed for large-scale development, with plans for mixed-income housing and a waterfront park that demonstrates the latest thinking in coastal resiliency.
by James Sanna | Feb 20, 2025
A local developer is seeking city approval for a mixed-use building in downtown Chelsea to replace a burned-down fast food restaurant.
by Steve Adams | Aug 11, 2024
A 330-unit apartment complex scheduled to open in November includes a roof deck with Boston skyline views and proximity to the MBTA Silver Line’s Eastern Avenue station in Chelsea.
by James Sanna | Mar 8, 2024
The MBTA wants to extend the SL3 service on its Silver Line bus rapid transit network from Chelsea to Everett and Boston’s Sullivan Square.
by Steve Adams | Dec 10, 2023
Advocates say Gov. Maura Healey’s housing plan is missing opportunity to expand a model that’s shown a track record of success in Boston and across the U.S. for decades: community land trusts.
by Steve Adams | Dec 11, 2022
In a break from Gov. Charlie Baker’s approach, Governor-elect Maura Healey has vowed to give housing developers top priority as the state seeks to accelerate surplus property sales in the new administration.
by Banker & Tradesman | Dec 9, 2022
The redevelopment of Chelsea’s Innes Apartments has received a $93 million construction loan led by Cambridge Savings Bank, the bank said in a statement yesterday.
by Banker & Tradesman | Oct 20, 2022
City officials, representatives from Cambridge Savings Bank and developers from Marcus Partners, Joseph J. Corcoran Co. and John M. Corcoran & Co. broke ground Wednesday afternoon on a redevelopment of a Chelsea public housing project.
by Steve Adams | Oct 16, 2022
A state ruling could open up a 23-acre portion of the East Boston waterfront to large-scale development, replacing parking lots and warehouses with new industrial buildings serving airport-related industries.
by James Sanna | Oct 2, 2022
A massive fire devastated Chelsea for the second time in its history 49 years ago this month. What followed was an investment boom still paying dividends today.
by James Sanna | Sep 28, 2022
The site of a 590-unit mixed-use waterfront development in Chelsea is headed for the auction block after its developers failed to launch the project.
by Banker & Tradesman | Jun 26, 2022
It wasn’t all that long ago that Boston’s luxury housing ecosystem centered on Back Bay and Beacon Hill. Now, competition with lab developers has ushered in a new crop of submarkets for high-end housing – including some that might surprise you.
by Banker & Tradesman | Mar 22, 2022
A $25.35 million tax-exempt bond from MassDevelopment will be used by a nonprofit to acquire and modernize 116 affordable apartments in Chelsea.
by Jay Fitzgerald | Dec 5, 2021
Roy Avellaneda, president of the Chelsea City Council, thought his idea was pretty straightforward: Impose a five-year moratorium on construction of new rental properties in the city to give councilors time to re-write zoning laws to promote home ownership.
by Steve Adams | Nov 14, 2021
Penrose, under Regional Vice President Charlie Adams, is making a name for itself as a developer of creative housing models throughout the East Coast. Locally, it’s working on unique projects in Jamaica Plain and Chelsea.
by Banker & Tradesman | Jun 24, 2021
Greater Boston hotel developer Mark Stebbins, co-founder of prominent hotel developer XSS Hotels, died suddenly on June 17.
by Banker & Tradesman | Jun 10, 2021
A fourth large multifamily building planned for an industrial area just north of Boston is planned to break ground this summer after the permitted project was bought by major multifamily developer Greystar.