News: Owners Developers & Managers

Alliance Residential Co. and G|I|D Boston develop 211-unit project

Billerica, MA Alliance Residential Company and G|I|D Boston are working with Erland Construction, CUBE 3, and BCS-Building Consultation Services to construct Broadstone Middlesex, a new rental housing development on Middlesex Tpke.  

In an effort to attract young professionals to the suburbs, as more corporate headquarters move out of the city, the wood-framed building will feature one, two and three-bedroom apartments and amenities such as a resort-inspired pool, fitness center, dog wash, bike repair station, large exterior courtyard and outdoor fire pits with lounge seating.

Set on the corner of Lexington Rd. and Middlesex Tpke., Broadstone Middlesex will include a 181-space parking garage as well as 211 residential units and 2,750 s/f of commercial space.

“We’re very excited to partner with Alliance Residential Company and G|I|D Boston to build this project,” said Eric Greene, vice president, residential group manager, Erland. “A lot of planning and thought has gone into this building, recognizing its positive contribution to the community and local businesses. Having a great place to live goes a long way in helping to attract and retain talented people.”

MORE FROM Owners Developers & Managers
ODM

Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

The redevelopment of brownfield sites is often associated with the revitalization of a property to bring it back into productive use, generate local tax revenue, and increase local employment. Redevelopment can also be part of a green or open space development, such as a riverwalk, park, or rail trail.
Capitalizing on next-gen electric vehicle  charging in New York/New England real estate - by Hooman Shahidi

Capitalizing on next-gen electric vehicle charging in New York/New England real estate - by Hooman Shahidi

For property owners and developers, tenant experience is everything. This means top-notch building amenities and technology integrations that match their lifestyle. As the electric vehicle (EV) industry grows, EV charging is at the top of their list of amenities.
Building decarbonization in Mass. - by Scott Howe

Building decarbonization in Mass. - by Scott Howe

As emission reduction mandates gain traction in Massachusetts, commercial building owners face growing pressure to adopt sustainable practices. With the implementation of stretch energy codes and net zero opt-in energy codes in communities throughout the state, decarbonization is becoming mandatory in many places. While a path to compliance may seem daunting and expensive, it also presents an opportunity for proactive businesses to gain a competitive advantage and save money.
You can’t manage  what you don’t measure - by Jay O'Connor

You can’t manage what you don’t measure - by Jay O'Connor

Reasons to submeter electrical and HVAC Loads At standalone and multi-unit properties. As a property owner or manager, we all should understand the importance of managing costs, promoting conservation efforts, and maintaining compliance with regulations. Submetering is a powerful tool that can help you achieve these goals and more.