
Massport Picks Team for Seaport Affordable Housing
Massport selected a team of The Community Builders and Menkiti Group to develop the first income-restricted housing project on its properties in the Boston Seaport District.
Massport selected a team of The Community Builders and Menkiti Group to develop the first income-restricted housing project on its properties in the Boston Seaport District.
For two decades, The Menkiti Group has successfully found 3 million square feet of opportunities in the Washington, D.C. region. Now its founder and CEO, Somerville native Bo Menkiti, is focusing on Worcester as the company’s next growth focus.
Life science developers have snatched up most of the recent available properties in Boston’s Seaport District, but a publicly-owned parcel that’s been designated for workforce housing is receiving a strong round of interest.
Local officials are now hoping the combination of an economy anchored by higher education and the medical field, transportation access, a vibrant cultural sector and relative affordability will position Worcester to truly establish itself in the post-pandemic world.