News: Owners Developers & Managers

Rogerson Communities’ redevelopment project receives $1.2m in federal funding

Worcester, MA According to Rogerson Communities, they have received $1.2 million federal funding earmark for its redevelopment project in the city. The project involves the historic restoration of the St. Vincent Hospital Convent and Nurses Home, attached to the Worcester Senior Center, and the construction of a new affordable independent living apartment building on the site. Altogether, the redevelopment project will bring 98 affordable homes to older adults on a campus with support services and programs already in place.

“These projects are essential and important to the well-being of older adults,” said Rogerson president and CEO Walter Ramos. “Rogerson is thankful for the opportunity to bring affordable homes to the older adults of Worcester.”

The federal funding will be used for lead and asbestos remediation during the historical restoration. At a press conference, public officials joined Ramos to announce the funding news in front of the senior center. 

“I want to thank Walter Ramos and the team at Rogerson Communities for all they’ve done for seniors in Worcester and for their continuing investment in this city’s future,” said Rep. Jim McGovern (D-MA). “This project is a big deal. This will be a model for what senior housing can and should look like. Homes that people can afford, connected to the resources they need as they grow older.”

“This isn’t about cleaning up an old building, it’s about making good on our promises to the generation who built this city,” said mayor Joseph Petty.

“[Worcester] has been working for years to find someone capable of taking on this challenging project,” city manager Eric Batista said. “I know that Rogerson can get this project done because of their proven record – not only in Worcester but across the state.”

MORE FROM Owners Developers & Managers

Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
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
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

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

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
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
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