Category: Owners Developers & Managers

Project of the Month: Groom Construction completes <br>new 18,049 s/f residential facility for youth in foster care in Mass.

Project of the Month: Groom Construction completes
new 18,049 s/f residential facility for youth...

August 1, 2025
Salem, MA Groom Construction Co., Inc. recently celebrated the ribbon cutting for a new residential facility at Plummer Youth Promise - a transformative project designed to support youth in foster care and strengthen families.
Foxfield acquires 155,348 s/f office building <br>within the Cabot Business Park for $10.2 million

Foxfield acquires 155,348 s/f office building
within the Cabot Business Park for $10.2 million

August 1, 2025
Mansfield, MA Foxfield has completed the acquisition of 9-11 Hampshire St., a 155,348 s/f office building located within the Cabot Business Park, one of Greater Boston’s most established office and industrial campuses.
Pigott awarded Viking Construction scholarship

Pigott awarded Viking Construction scholarship

August 1, 2025
Bridgeport, CT Evan Pigott, a 2025 graduate of Newington High School, has been awarded the 2025 Viking Construction scholarship. Pigott will use his scholarship towards earning a degree in construction management from Central Connecticut State University. Pigot hopes to work as a project manager in the construction industry and eventually start his own construction company.
Mass. non-profits share in $30 million from Cummings -  150 community organizations awarded multi-year funding

Mass. non-profits share in $30 million from Cummings - 150 community organizations awarded multi-ye...

August 1, 2025
Woburn, MA Nearly 375 nonprofit professionals, volunteers, and public officials gathered to honor those awarded funding through the 2025 Cummings $30 Million Grant Program, an annual initiative carried out by Cummings Foundation, the philanthropic affiliate of commercial real estate engine Cummings Properties.
Simmons University and Skanska celebrate<br> topping off of new Living and Learning Center

Simmons University and Skanska celebrate
topping off of new Living and Learning Center

August 1, 2025
Boston, MA Simmons University marked a major milestone with a “topping off” ceremony for its new Living and Learning Center – the centerpiece of its One Simmons project, alongside construction and development partner Skanska. The event celebrated the placement of the final steel beam on the 19-story building
Peabody Properties adds Marksdale Gardens to portfolio

Peabody Properties adds Marksdale Gardens to portfolio

August 1, 2025
Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms, has added the Marksdale Gardens Cooperative to its portfolio of managed communities.
Vicinity Energy earns North America Utilities Deal of the Year Award by Proximo Infra

Vicinity Energy earns North America Utilities Deal of the Year Award by Proximo Infra

August 1, 2025
Boston, MA Vicinity Energy, the nation’s largest owner and operator of district energy systems, has been recognized with the North America Utilities Deal of the Year Award by Proximo Infra.
City Realty Group files applications for Project Eligibility Letters for two 40B projects

City Realty Group files applications for Project Eligibility Letters for two 40B projects

August 1, 2025
Brookline, MA City Realty Group, a community-focused real estate company, has filed applications for Project Eligibility Letters (PEL) from the Massachusetts Housing Finance Agency (MassHousing) for its property at 1280-1330 Boylston St. This 5.34-acre site located on Boylston St. (Rte. 9) on the Newton border represents one of the area’s most significant development opportunities in decades.
John M. Corcoran & Company sells Lynnfield Commons; retained as property managers

John M. Corcoran & Company sells Lynnfield Commons; retained as property managers

August 1, 2025
Lynnfield, MA John M. Corcoran & Company (JMC) sold Lynnfield Commons to L&G, who is working in partnership with Taurus Investment Holdings, LLC. JMC, which developed and built the property in 2009, will remain on as the property manager for the 200-unit garden-style apartment community.
State awards $5.4m to NeighborWorks Housing Solutions for Quincy St. Supportive Housing project

State awards $5.4m to NeighborWorks Housing Solutions for Quincy St. Supportive Housing project

August 1, 2025
Quincy, MA NeighborWorks Housing Solutions (NHS) has been awarded $5.4 million in grants and loans from the Healey-Driscoll Administration to support its Quincy St. Supportive Housing project at 150-156 Quincy St.
A carve-out from Connecticut’s prevailing wage laws could be boon for brownfield redevelopment - by Gary O’Connor

A carve-out from Connecticut’s prevailing wage laws could be boon for brownfield redevelopment - b...

August 1, 2025
The Connecticut General Assembly recently passed a key amendment to prevailing wage laws which helps resolve a major challenge to developers, municipalities and businesses seeking to redevelop brownfield sites.
Alchemy Station joins Allston Labworks

Alchemy Station joins Allston Labworks

August 1, 2025
Allston, MA Alchemy Station, a certified women-owned art consulting firm and creative studio, has joined the Allston Labworks campus at 280 Western Ave. In addition to establishing their new office, Alchemy Station will oversee two dedicated artist studios next door as part of the development’s artists-in-residence program.