Banker & Tradesman Staff Photo/Steve Adams
As Boston seeks to stimulate housing production on publicly-owned properties, a newly-completed project in Brighton could become a model for forming partnerships with private developers.
The J.J. Carroll House project replaced a former Boston Housing Authority-owned senior housing property with a 6-story, 142-unit complex including an on-site health care facility, and amenities such as fitness centers and a hair salon.
The nearly 180,000-square-foot complex is located next to Boston-based 2Life Communities’ existing 763-unit complex in the St. Elizabeth’s neighborhood.
What else is on tap today?
- Powell’s Hints Today? Two weeks ago, Chair Jerome Powell suggested that the Federal Reserve was “not far” from gaining the confidence it needed that inflation was headed sustainably down. It was a tantalizing suggestion.
- Healey Tries to ‘Do Something Real’: As Massachusetts struggles with a workforce shortage that is being felt in industries around the state and country, Gov. Maura Healey’s administration released a new plan Monday to “attract, retain and develop a future workforce.”
Show me the data!
These are the top 10 existing, recent single-family home sales in Worcester County.
What did I miss?
Here’s what you might have missed in Sunday’s newsletter. Not a B&T subscriber? Fix that here.
- Matt Maggiore got his start at his family’s Woburn-based construction and development firm as a laborer alongside young Ben and Casey Afleck. Now company president, he’s hunting for suburban Boston condominium development sites.
- A winter garden reopened this month at Seaport East following a nearly year-long capital improvement project designed to refresh the 223,000-square-foot office tower’s common area amenities.
- “Even if every possible new unit is built under the MBTA Communities reforms, we’d just end up right back where we are today, without housing policy in place to support the sustainable long-term growth of this region.”
