News: Owners Developers & Managers

Brighton Marine awarded $250,000 by Home Depot

Brighton, MA Brighton Marine, a veteran network community, has been awarded $250,000 by The Home Depot Foundation to help with construction costs in a first-in-the-nation affordable housing project for veterans. The funds, distributed by Home Depot’s Veteran Housing Grants Program, are awarded to nonprofit organizations that are building or rehabilitating housing for veterans.

“The confidence Home Depot has shown in our project confirms the value of our mission with The Residences at Brighton Marine – to create affordable housing integrated with our veterans network community,” said Michael Dwyer, president and chief executive officer of Brighton Marine. “The Residences represent a national model, offering permanent housing for an independent population of veterans.”

“We’re proud to partner with Brighton Marine on this ambitious and much needed initiative,” said Erica Headlee of the Home Depot Veteran Housing Grants Program. “We share a mission – to help improve the lives of those who have served our country, and The Residences go a long way in helping do just that.”

Brighton Marine broke ground on The Residences on June 18th, 2018, and is partnering with WinnCompanies, one of the nation’s largest military housing managers. The Residences at Brighton Marine are being built on Brighton Marine’s campus along Commonwealth Avenue, providing apartments at all income ranges in a transit-oriented location for qualifying veterans and their families who want, but cannot afford, to both live and work in Boston. Mixed income housing of any type has not been developed on this scale in Boston specifically for veterans since World War II. Construction at the 1.44-acre site is scheduled for completion by December 2019.

“This project is intended to honor and support the potential of veterans as they transition into a new career post military service,” said Bill Perry, chairman of Brighton Marine’s Board of Directors. “Unlike other national initiatives, the Residences will be providing wrap around support – including clinical, wellness and behavioral health services - to both veterans and their families, recognizing the realities faced by the entire family as veterans pursue college and new careers.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant