Chelsea
Chelsea, MA · Real Estate
chelsearecord.com
familydestinationsguide.com
hoodline.com
Revere Housing Authority Eyes Smart Growth Zone for Cooledge Street Overhaul
The Revere Housing Authority wants to add hundreds of new apartments to its Cooledge Street property, pairing a major expansion of public housing with roughly 900 market-rate units under a proposed zoning overlay. The plan would add 359 public housing units to the 439 that already exist on the site, while also opening the door to private market-rate development nearby.
WashingtonExaminer
marbleheadcurrent.org
Marblehead entrepreneur responds to overdue rent allegations, cites investment in Swampscott arts center
Marblehead musician and entrepreneur Johnny Ray is responding to allegations that he is four months behind on rent at his new Swampscott Performing Arts Center, saying he has invested substantial resources into restoring the building (the old Hawthorne by the Sea restaurant) and remains committed to reaching a resolution with the town.
Boston
beaconhilltimes.com
Developer proposes turning three attached South End buildings into housing
A proponent is proposing the redevelopment of three attached, underutilized commercial buildings on Wareham Street in the South End into a single six-story, approximately 38-unit, multi-family residential building. Stack+Co, a Boston-based integrated architectural and development firm, filed a Small Project Review Application (SPRA) with the city’s Planning Department on Oct....
marbleheadcurrent.org
nerej.com
WinnCos. secures funding for 115-unit, mixed-income apt. community in Downtown Salem, MA
Salem, MA WinnCompanies has secured financing for a 115-unit, mixed-income apartment building designed to revitalize the northern gateway to downtown. The $48 million construction project will deliver a true mixed-income community offering a range of affordability and apartment sizes – 20 studios, 60 one-bedroom units and 35 two-bedroom units. Of the 115 apartments, 55 will be available to households earning up to 60% of Area Median Income (AMI); 22 will be available at incomes up to 30% AMI; 20 will serve middle-income households; and 18 will be rented at market rates.
csindie.com
Somerville saw our housing shortage coming
From Joshua Michel, Ashish Shrestha and Chris Beland. Over the past 10 years, rents in Somerville have jumped by 50 percent. If you live here, you probably don’t need that statistic to tell you what’s happened: Somerville can hold a lot more people, but we haven’t built enough homes for them, and prices have risen fast.
nerej.com
The Griffith Pepdjonovic Group of Marcus & Millichap arrange $8.875 million multifamily sale
Boston, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of 15 Euston Rd., a 24-unit multifamily property in the city’s Brighton neighborhood. The asset sold for $8.875 million. “Brighton is one of the...