130 Apartments Financed in Lexington Office Park
A Newton developer received nearly $46 million in financing for a 130-unit apartment complex that was catalyzed by Lexington’s MBTA Communities rezoning.
Camp Thoreau Redevelopment Gets $61M Construction Loan
Construction of a 237-unit apartment complex is set to begin at the Thoreau Club property in Concord thanks to a $60.7 million loan from Santander Bank.
Concord 40B Project Financed by British Pension Manager
A Concord office park will be gaining 201 new apartments thanks to money from a storied British retirement funds manager.
Bringing New Life to Real Estate Relics
Former stables and monasteries presented opportunities for architect John Holland to launch a development business following decades in his family’s construction firm.
Local Official Praises 40B After Approving 280 Apartments
The town ZBA chair noted how his hometown’s restrictive zoning turned it from a middle-class community to one that’s difficult to afford – something, he said the 40B law was intended to prevent.
Momentum Fund Adds 192 Units to Boston-Area Pipeline
The state is assigning $15 million more from its Momentum Fund to three mixed-income housing developments that will create 192 new apartments.
Lawsuit Challenges Winchester Center Condo Project on Affordability
A condominium project that prompted a “Keep Our Historic Skyline” opposition campaign by some Winchester residents has a new roadblock: litigation by the town’s Affordable Housing Trust.
Bulfinch Pivots to 650K SF Housing Plan for Needham’s Muzi Ford Site
The long-delayed redevelopment of a Needham car dealership will require a zone change to allow approximately 480 age-restricted senior housing units.
290 Apartments Proposed in Lexington Office Park
An office building near Hanscom Field in Lexington could be demolished to make way for a 290-unit apartment complex in a project stemming from the town’s expansive MBTA Communities compliance plan.
Campus at Marlborough Submits Plans for 400 Homes
Developer Greatland Realty Partners seeks to build 400 apartments in a 120-acre Marlborough business park once envisioned for life science development.
Framingham Board Rejects Development’s Dover Amendment Argument
A Framingham board rejected New England Center for Children’s attempt to build 47 apartments for its staff in a neighborhood of single-family homes off Route 9.
356 Apartments Proposed Under Healey Fast-Track Review
The nation’s 11th most active multifamily developer proposes a 356-unit apartment complex in an office park near Route 3 in Pembroke that was upzoned under the MBTA Communities Act.
Natick MBTA District Scores First Proposal: 219 Apartments
Texas homebuilder Gables Residential is taking advantage of a Natick MBTA Communities zoning district to build a large, new apartment complex.
Hot Property: The Elmwood
The recent completion of a $35.2 million residential project in Shrewsbury created 93 new low-income, affordable, workforce and market-rate apartments.
Building Development Momentum in Metro Boston Housing
John M. Corcoran Co. is expanding its portfolio in Greater Boston’s multifamily market through a combination of acquisitions, plus opportunistic development projects under the direction of Peter Mahoney.
Housing Starts to Fill Up Office Parks
Developers are pursuing plans for nearly 4,000 homes on sites currently occupied by office buildings, and more are in line for empty parcels in the same commercial parks.
BXP Brings Ray of Hope to Suburban Boston Housing Production
Between office parks it owns in Waltham, Weston and Lexington, the office mega-landlord now has plans to add around 2,300 new homes in the western Route 128 corridor.
BXP Seeks Housing at Waltham Office Parks
Office parks and a high-profile commercial property in Waltham would be rezoned to allow large-scale housing development under a push by developer BXP.
189-Unit MBTA Communities Project to Break Ground
Prolific national multifamily builder Greystar says it’s ready to break ground in Needham on one of the larger projects proposed so far under the state MBTA Communities law.
Lab Developers Seek Swap for 935 Housing Units
Owners of stalled lab development sites in Burlington and Woburn are seeking zone changes enabling them to build up to 935 housing units instead.
