Pentucket Bank Closes HQ for Downtown Haverhill Redevelopment
Pentucket Bank has closed its main headquarters at 1 Merrimack St. in Haverhill as it will be demolished and give way for a redevelopment in downtown Haverhill.
Office-to-Apartments Conversion Financed in Haverhill
Financing from Newburyport Bank and MassDevelopment will convert a downtown Haverhill building’s upper floors into housing while retaining its existing retail tenants.
Amid Recent Boom, Gateway Cities Offer Development Potential
Over the course of the past decade, as pricing has increased throughout Greater Boston, developers have turned their attention to Massachusetts’ Gateway Cities and their wealth of developable land as well as redevelopment opportunities. And our increasingly hybrid world has made these sites even more attractive.
Can Gateway Cities Weather a Downturn?
The adage across all commercial real estate during economic cooldowns is a financial flight to quality – high-end buildings in the urban core. That might not be the case this time around.
Haverhill Mill Apartments Trade for $77M
The Hamel Mill Lofts, a 305-unit renovated historic mill apartment community located at 40 Locke St. in Haverhill, has sold for $77 million.
Merrimack River Projects Bank on Haverhill’s Future
In recent years, the city of Haverhill has been steadily rejuvenating its downtown district with mixed-use developments that have added new residences, restaurants and retail shops to the once-gritty riverfront area. And more developments are on the way.
Raising the Bar for Development Investment
As former Massport security official Herby Duvernéhis Boston-based development firm, RISE Together work to develop projects from Haverhill to downtown Boston, they’re seeking out new investors from diverse local communities who haven’t traditionally been part of real estate projects.
Haverhill Seeks Developers for Downtown Parcels
Haverhill officials are putting out the call for development proposals for five parcels spanning 4.5 acres for the latest element of their downtown revitalization efforts.
Haverhill Industrial Building Nets $7.4M
A Haverhill industrial building has sold for $7.4 million, as part of a 1031 exchange.
Brooks Brothers Factory Sold to Boston Developer
Boston-based Eastern Real Estate has agreed to purchase the recently-shuttered Brooks Brothers factory in Haverhill for $14 million, according to a news report.
Hot Property: Ornsteen Heel Property
The Haverhill city council this month authorized the $1 million sale of a 4.8-acre parcel on the Merrimack River for a transit-oriented development.
Haverhill Treatment Center Breaks Ground on Addition
An 18,700-square-foot addition to Serenity at Summit New England in Haverhill will make room for 20 additional beds and allow the substance abuse treatment center to expand its inpatient and outpatient programs.
Others Can Learn from Gateway Cities’ Formula for Success
Gateway Cities hold tremendous promise as regional economic anchors. Early successes in Gateway Cities can guide other communities across the commonwealth as they strive to achieve local economic development priorities.
Haverhill Seeks to Tap Industrial Growth
With a downtown renaissance gaining momentum, the city of Haverhill is looking to spread its economic growth and tap into demand for industrial development along Interstate 495.
Partners-Anchored Medical Building Sold for $15.5M
A 63,539-square-foot medical building 100 percent leased by six tenants in Haverhill has been sold to Irvine, California-based American Healthcare Investors for $15.5 million.
Renovating Haverhill’s Historic Downtown Buildings
With cooperation from state and local officials and led by Traggorth Cos., RODE Architects has been working to revitalize two of Haverhill’s more underutilized assets while preserving their historic character.
Officials ID Worker Who Fell Down Elevator Shaft
The Essex district attorney’s office said he was working on the roof of a nine-story building in Haverhill Tuesday morning when he fell.
Haverhill Apartment Complex Sells for $3.5M
The Highland Maple Apartments in Haverhill have sold for $3,525,000. The 39-unit complex was built in 1850 and consists of two three-story buildings.
Accountants Hope to Expand Haverhill High Program
Hoping to increase the pool of people who choose accounting as a profession, a trade group is launching an early college academy at Haverhill High School that will enable students to earn up to 12 college credits through UMass Lowell.
62-Unit Housing Complex in Downtown Haverhill Gets Financing
MassHousing has closed on $1.6 million in financing to the nonprofit Affordable Housing and Services Collaborative Inc. and Peabody Properties Inc. to support the construction of a new 62-unit, mixed-income development in downtown Haverhill.
