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‘Couldn’t Come at a Better Time’: Six Gateway Cities to Get Economic Boost in Downtown Districts

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

Personnel File – No. 434

by Banker & Tradesman | Feb 23, 2026

From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.

Silk Named MassDevelopment’s New Head of Real Estate

by James Sanna | Feb 18, 2026

Sandi Wolchansky Silk, a prominent face in the Greater Boston real estate world, is taking on a new job at the state’s biggest quasi-public economic development agency.

Reframe’s New Devens Development Tests Robotics’ Role in Construction

by Steve Adams | Feb 3, 2026

A North Andover company that’s pioneering automated homebuilding will construct six duplexes at Devens after acquiring a property from MassDevelopment.

MassDevelopment Issues Call for Housing Proposals at Devens

by Steve Adams | Dec 23, 2025

MassDevelopment is seeking developers for sites totaling over 69 acres at its 4,400-acre Devens business park.

Affordable Housing Joins Revere Beach Development Pipeline

by James Sanna | Dec 22, 2025

A new, all-affordable housing development is joining the multifamily pipeline along Revere Beach, while helping a group home expand.

MassDevelopment and BankFive Finance $11M Hyannis Housing

by Sam Lattof | Oct 7, 2025

MassDevelopment and BankFive have provided an $11 million loan to a development team planning 45 mixed-income apartments in Hyannis. 

Personnel File – No. 422

by Banker & Tradesman | Oct 6, 2025

From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.

MassDevelopment Provides $173M in Financing for Tufts Dorm

by Steve Adams | Jun 27, 2025

A $173 million tax-exempt bond from MassDevelopment will finance Tufts University’s largest dormitory project, a partnership with a private student housing developer.

School-to-Housing Conversion Set to Begin in Templeton

by Steve Adams | Apr 17, 2025

Groundbreaking is scheduled next month for Templeton’s first multifamily project in over 25 years following the completion of a financing package by a pair of Boston-area developers.

Jamaica Plain Affordable Housing Project Receives Financing

by Sam Lattof | Apr 2, 2025

A 6-story, 96-unit affordable housing development in Jamaica Plain could be headed for a groundbreaking soon after landing financing.

Personnel File – No. 398

by Banker & Tradesman | Feb 24, 2025

From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.

State Completes Merger of MassDevelopment, MGCC

by State House News Service | Feb 18, 2025

The 19 employees of the Massachusetts Growth Capital Corporation have transitioned into MassDevelopment as part of a legislatively-mandated merger.

Manufacturer Buys Devens Property for Expansion

by Steve Adams | Feb 3, 2025

A Shirley-based manufacturing company plans to expand its capacity with the acquisition of a Devens business park parcel from MassDevelopment.

$275,000 Salary OK’d for New MassDevelopment CEO 

by Steve Adams | Dec 16, 2024

MassDevelopment directors approved a $275,000 salary for the state financing agency’s new CEO, Navjeet Bal, under an employment contract that runs through the end of 2027.

A map shows the "Cantonment Area" section of Joint Base Cape Cod. The southern third of the huge base contains the Otis Air National Guard Base and Coast Guard aviation facilities, plus a small amount of housing and other infrastructure.

State Eyes Housing Push on Cape Military Base

by State House News Service | Dec 16, 2024

Hungry for housing production, public officials are eyeing the massive, mostly state-owned Joint Base Cape Cod, which includes parts of the towns of Bourne, Falmouth, Mashpee and Sandwich.

New MassDevelopment CEO Is Ex-Mintz Attorney

by Steve Adams | Nov 22, 2024

MassDevelopment named former Department of Revenue Commissioner Najeet Bal to succeed Dan Rivera at the helm of the state’s economic development financing agency.

empty office building interior with furniture removed before renovation

Boston Office Vacancies Leave Decarbonization Efforts in Limbo

by Erin Delaney | Jun 30, 2024

With capital hard to come by, even the promise of city fines and higher-paying tenants attracted to green energy upgrades may not be enough to make downtown building owners act.

Dan Rivera Resigns from MassDevelopment

by James Sanna | Apr 26, 2024

The head of a top state quasi-public development finance agency has turned in his resignation, effective immediately.

Eastern Bank, MassDevelopment Fund Chelsea Housing

by James Sanna | Apr 10, 2024

A Chelsea affordable housing development is securing site control thanks to Eastern Bank and MassDevelopment.

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