Without FEMA Money, Big Housing Development Area at Risk
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.
Chelsea Shoreline Could Become Housing, Resilient Park
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.
120 Units Eyed for Chelsea Fast Food Parcel
A local developer is seeking city approval for a mixed-use building in downtown Chelsea to replace a burned-down fast food restaurant.
Hot Property: Duo Chelsea
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.
MBTA Lays Out Vision for New Bus Rapid Transit in Everett
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.
A Missing Piece of Housing Plan?
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.
Healey Heeds the Housing Call
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.
Cambridge Savings Bank Leads $93M Loan for Innes Project
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.
Developers, Chelsea Officials Break Ground on Big Public Housing Revamp
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.
State Lifts Limits on Waterfront Projects
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.
This Month in History: Massive Fire Sparks New Development
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.
Chelsea Site of 590-Unit Project Set for Auction
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.
New Luxury Projects Rise Amid Aging Housing Stock
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.
Financing Will Preserve 116 Affordable Apartments in Chelsea
A $25.35 million tax-exempt bond from MassDevelopment will be used by a nonprofit to acquire and modernize 116 affordable apartments in Chelsea.
Home Ownership Push Proves Easier Said than Done
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.
Pennrose Pioneers New Housing Models
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.
Greater Boston Hotel Developer Stebbins Dead at 67
Greater Boston hotel developer Mark Stebbins, co-founder of prominent hotel developer XSS Hotels, died suddenly on June 17.
650-Unit Everett Project to Break Ground this Summer
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.
State Targets Prevention Teams on COVID Hot Spots
State field teams will fan out across five communities that have recorded persistent dangerously-high transmission rates for COVID-19 as the state seeks to stamp out the disease.
Cities Announce 14 Miles of New Bus Lanes
The MBTA and city officials in Boston, Somerville, Everett and Chelsea will install up to 14 miles of dedicated bus lanes across the region through the spring, a project that they said will help minimize the risks of COVID-19 for bus commuters.
