Category: Owners Developers & Managers

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.
VHB, Inc. selected to lead joint base Cape Cod master plan

VHB, Inc. selected to lead joint base Cape Cod master plan

August 1, 2025
Sandwich, MA MassDevelopment has sleected VHB, Inc., to lead a team of consultants to support the development of a master plan for the 7,000-acre cantonment area at Joint Base Cape Cod (JBCC) that will identify current and future spatial needs of the base and plan for the redevelopment of any surplus property.
SMART 3.0 and Federal Incentives: What to know - by Matt Shortsleeve

SMART 3.0 and Federal Incentives: What to know - by Matt Shortsleeve

August 1, 2025
On June 20th, 2025, the Massachusetts Department of Energy Resources (DOER) filed emergency regulations launching SMART 3.0 (20 M.G.L. 28.00). This next phase of the state’s solar incentive program arrives at a critical time: Massachusetts has slipped from a top-five solar state to 26th in new installations, and nearly 400 megawatts (MW) of projects
WinnCompanies celebrates opening of $85m project in New Britain, CT

WinnCompanies celebrates opening of $85m project in New Britain, CT

August 1, 2025
New Britain, CT Connecticut governor Ned Lamont and mayor Erin Stewart joined WinnCompanies executives as state and city officials celebrated the opening of an $85 million project that transformed an historic long-vacant manufacturing complex near downtown into 154 apartments of affordable housing.
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 Ha...

August 1, 2025
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.
Transforming a struggling asset into a thriving community - by Andrew Hayward

Transforming a struggling asset into a thriving community - by Andrew Hayward

August 1, 2025
Prospect Estates is a 25-unit affordable housing community in Webster, Mass., developed to address the region’s need for affordable housing and to revitalize a financially struggling property. The property, which once housed two schools, had faced significant issues such as physical deterioration and compliance concerns, requiring both financial repositioning and extensive corrective efforts from management and ownership