News: Owners Developers & Managers

GoVenture Capital Group, LLC to develop The Kiln residential project - 115,000 s/f building located in Worcester, MA

Worcester, MA GoVenture Capital Group, LLC, a Massachusetts-based real estate and investment management firm, is developing a new ground-up residential development. Located at 222 Brooks St., The Kiln will feature thoughtfully designed studios, one-bedrooms and two-bedrooms while distinguishing itself through an array of sustainable and modern community amenities.

“We are pleased to announce the expansion of our portfolio with the introduction of The Kiln,” said Harold Reader, vice president of GoVenture Capital Group. “The Kiln is a true representation of GoVenture’s approach translated to real estate development and management. With our signature attention to detail and sustainability, The Kiln offers Worcester modern, market-rate apartments with innovative amenities and high-quality design. We look forward to seeing this community come to life with occupancy this fall.”

The 115,000 s/f building is set to accommodate the area’s rapidly growing need for housing. Situated on a quiet corner 10 minutes from downtown, The Kiln will cater to young professionals and the local workforce with 111 market-rate apartments, complete with luxury finishes, granite countertops, hardwood cabinetry and modern fixtures. Each apartment at The Kiln will include brand-new GE appliances, from front-load washers and dryers to french-door refrigerators and Energy Star range hoods. The Kiln will also come equipped with smart entry technology for individual apartments and the building itself, with residents able to gain entry via mobile device or a keypad system.

One of The Kiln’s most notable characteristics is its commitment to sustainability and prioritizing outdoor spaces. The Kiln will include rooftop solar panels that will power up to 50% of the building’s energy supply. In addition to rooftop solar, The Kiln will push sustainability even further with a number of EV-charging stations available for resident use. In terms of outdoor amenity spaces, The Kiln will leverage the surrounding natural landscape with an on-site dog park, open green space, and a grill area.

Other on-site amenities include a 35-spot covered parking garage and an open outdoor lot, a fitness center complete with stationary studio bikes, ellipticals, plus a weight-training and yoga area, a coworking space outfitted with task furniture, high-speed WiFi, and lounge areas, a package and mail room, a leasing office for The Kiln’s on-site management team, and secure bike storage.

Defined as “a type of large oven used for forming pottery, bricks and other clay objects after they have been shaped,” The Kiln’s name was inspired by the rich history of potters and ceramists who operated out of the surrounding neighborhood of Greendale. This inspiration informed the property’s branding and newly launched website, which speaks to the building’s crafted history and modern design.

MORE FROM Owners Developers & Managers

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.