Congress|EMJ, Tremont Development Partners, MassHousing, Eastern Bank, and city of officials, including mayor Shaunna O’Connell, held a groundbreaking ceremony on Thursday, January 11, to mark the commencement of a new 30-unitFoxborough, MA
Calare Properties (Calare) has completed upgrades to 325 Foxborough Blvd. nearly a year after acquiring the 80,000 s/f office building. The fully upgraded property will serve as the corporate headquarters facility for NECI,Billerica, MA
EMD Serono has selected Erland, PM Group, and BR+A Consulting Engineers to renovate 15,000 s/f of space within the Bourne Building. The new lab will contribute to the company’s ongoing commitment to providing medicines, drug-delivery devices, and support services Stow, MA
MassDevelopment has issued a $25.77 million tax-exempt bond on behalf of SEHC Elizabeth Brook Apartments LP, an affiliate of Stow Elderly Housing Corp. The organization is using proceeds to renovate an existing 50-unit affordable rental housing complex for seniors Boston, MA
The New England Chapter of CoreNet Global has named the winners of its annual Awards of Excellence, representing the best of the Boston region in corporate real estate leadership. The 2023 winners will be formally presented with their awards Boston, MA
Less than a week after her State of the Commonwealth address in which she vowed to tackle rising housing costs, governor Maura Healey has committed resources to support the production and preservation of more than 1,900 housing units as part of 26 projects in 19 communities across the state.Fall River, MA
NeighborWorks Housing Solutions (NHS) has opened its newest location at 139 South Main St. The opening was made official at a formal ribbon-cutting ceremony attended by mayor Paul Coogan, state representatives Carole Fiola and Alan Silvia, Michael Williams of NeighborWorks America, and staff members from the office of congressman Jake Auchincloss.Boston, MA
According to BioMed Realty (the company), a leading provider of real estate solutions to the life science and technology industries, Tracy Letchworth, Ed McDonald and Kevin Vu have been promoted to the role of vice president. Braintree, MA
According to The Peabody Companies, Janelle Fernandez has been awarded a New England Past President’s Scholarship by the Boston Chapter of the Institute of Real Estate Management (IREM) to pursue an Accredited Residential Manager (ARM) credential.
Is it better to renovate or build new? We often encounter clients contemplating this question. There are many parameters involved in understanding if it makes more sense to renovate an existing building or take on a new, ground-up construction project. Key factors such as cost, time, and scope can make one option more viable than the other.