News: Owners Developers & Managers

Waterstone of Lexington named The Nationals silver award winner

Lexington, MA Waterstone of Lexington has been recognized as a silver award winner in The Nationals, an awards program that honors the best of the best in the building and construction industry. Selected from more than 1,200 entries, Waterstone of Lexington was awarded in the 55+ housing category. The silver award was presented at The Nationals program held Feb. 27, 2024, at Caesars Palace in Las Vegas.

These awards showcase quality, innovation and emerging trends that appeal to the mature demographic. The competition is judged by knowledgeable peers and industry experts, each having a proven record of success in various facets of this specialized sector.

“Our beautiful community, created by Cranshaw Construction and Elkus Manfredi Architects in partnership with National Development, is the ideal home for older adults who are looking for an active, enriching retirement lifestyle,” said Fred Kelly, executive director at Waterstone of Lexington. “This award further validates the exceptional purposeful design our community offers to all our residents.”

Located amid a wooded conservation area, Waterstone of Lexington was crafted with an updated take on mid-century modern design that the surrounding area is well known for, such as the architecture of the nearby Gropius House in Lincoln. Waterstone of Lexington’s rental apartments, featuring finishes and details, are complemented by amenities, multiple dining venues, and designed common spaces for resident enjoyment. Residents can pursue their interests in the fitness center and indoor pool, mind-body studio and juice bar, movie theater, art studio, library, pub, and more.

“The Nationals award winners set the standard for excellence in building, marketing and design,” said Allen Oliver, chairperson of The Nationals and CFO at Meredith Communications. 

“These prestigious awards have represented NAHB’s dedication to recognizing innovation, creativity and success for more than 40 years.”

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