News: Owners Developers & Managers

The Architectural Team receives Tsongas Award for preservation

The Architectural Team (TAT) has received a Paul E. Tsongas Award from Preservation Mass. for its historic renovation and conversion designs of Whaler's Place Apartments in New Bedford, and Baker Sq. II in Dorchester Lower Mills. TAT shares the award with WinnDev. and Keith Construction, developer and contractor, respectively, of the developments. The Tsongas Award, which recognizes efforts in promoting historic preservation across the Commonwealth, was presented at an awards dinner. Completed in 2007, Whaler's Place involved the conversion of the Whitman Mill No. 1 into a 75-unit affordable residential community for active adults aged 55 years and older. The mill is listed on the National Registry of Historical Place. Located in the Dorchester Lower Mills industrial historic district, Baker Sq. II is the conversion of three of the last remaining buildings of the Walter Baker Chocolate Factory complex, Mill No. 4, into 61 apartments. TAT previously completed the conversion of the Baker Chocolate Factory into a 142-unit apartment community, and the factory administration building into Baker Chocolate Lofts, which feature 13 artist lofts and community space.
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Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
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Columns and Thought Leadership
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
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

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