News: Owners Developers & Managers

Hastings receives approval on $20 million development project

FOXBORo, MA Tom Hastings is a real estate developer with a 30-year track record of success and a penchant for taking on "impossible projects."  So it's no wonder that he's part of the group that's decided to develop a 100-acre site, the former Bentley Porter property - that nobody else wanted to tackle. His group's development plan received preliminary approval from the town's planning board earlier this month. The development entity Foxborough Land Partners LLC, in which The Hastings Companies is a partner with Brownfields Real Estate Development LLC, plans to break ground during the fall of 2008 to prepare the site for an executive-style subdivision of 40 single-family homes, each sitting on one to four acres. Wetlands and low-density zoning will translate into a good amount of open space. The site abuts the Rumford River. Hastings, currently building $45 million townhomes in Hingham, Mass., also a complex project -- says River Ridge's proximity to Rte. 95, the Mansfield T Commuter Rail Station and Foxboro Center make it an ideal location for young families.
MORE FROM Owners Developers & Managers

M&R Development presents newest housing project, 172-unit Windham Village

Windham ME M&R Development, the multidisciplinary development company behind The Downs in Scarborough, today announces its newest housing project, Windham Village. Located in-town on Tandberg Trail, the 172 units are a combination of 1 and 2- bedroom apartments and condominiums that are for sale and lease.
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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
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

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

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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