Worcester Apartments Sold for $122.2M
A mixed-use building in Downtown Worcester has been sold for $122.2 million.
A mixed-use building in Downtown Worcester has been sold for $122.2 million.
In Chief of Planning Arthur Jemison’s final meeting, the Boston Planning and Development Agency board approved a $110 million apartment complex in South Boston and office-to-residential conversions in the Bulfinch Triangle and South End.
Two fires set at a compact living development under construction in Allston were attempted arson, according to a Boston Fire Department investigation.
Arson investigators were called to an Allston apartment development after a suspicious device was discovered early Friday.
Allston is a microcosm of Boston’s housing affordability dilemma, as developers target virtually every buildable parcel. But locals say the city isn’t approving the kinds of family-friendly units that would help stabilize the community.
A 149-unit development by Boston-based Jones Street Investment Partners has joined the pipeline of housing projects under way near Boston Landing.
Matt Frazier founded Jones Street Investment Partners after a career in the local banking industry. In 2021, its busiest year yet, the firm completed over $850 million in transactions buying and selling 10 properties totaling over 2,600 apartments.
East Main Apartments in Norton has been acquired for $53.65 million.