Pennrose Breaks Ground on Allston Housing Project
Mixed-income housing specialist Pennrose has begun construction of an all-affordable Allston project that’s scheduled for completion in 2027.
Mixed-income housing specialist Pennrose has begun construction of an all-affordable Allston project that’s scheduled for completion in 2027.
An Allston mixed-use project received $32.9 million in construction financing for the 88-unit housing component.
Mayor Michelle Wu joined Lt. Gov. Kim Driscoll and officials from co-developers Pennrose and LGBTQ Senior Housing Inc. and residents for the grand opening of The Pryde on Friday.
Pennrose’s newest Massachusetts development will create 93 apartments in a mixed-income community rising on a long-vacant Wareham property.
Nearly all new development projects are exciting, but a slate of proposals to turn a single-story library site in Boston into 90 or more affordable homes is worth cheering on with extra intensity.
An offering to redevelop the Boston Public Library’s West End branch attracted eight proposals that could create over 100 new affordable housing units and new civic space.
Developers will receive $67 million to build and preserve 802 units of income-restricted housing in Boston, including the conversion of a vacant Jamaica Plain church into affordable apartments.
The Boston Planning and Development Agency approved seven projects that will create 485 housing units, including a three-building redevelopment of Benjamin Franklin Institute of Technology Campus in South End and an affordable housing tower in Chinatown.
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.
A multifamily developer that’s active in adaptive reuse projects throughout New England proposes 55 housing units and performance space at Jamaica Plain’s Blessed Sacrament Church.
The first of two school-to-housing adaptive reuse projects in Auburn brings 55 income-restricted and market-rate apartments to senior citizens.
Resuming their busy approval process after adjusting meeting and public comment protocols, Boston Planning & Development Agency directors gave the go-ahead to 354 housing units, including 254 at a trio of projects in the active Allston-Brighton submarket.
With COVID-19 reopening underway in Massachusetts, developers across the region are reevaluating strategies to echo current market conditions and better meet the needs of communities and residents.