News: Owners Developers & Managers
Posted: October 3, 2013
AvalonBay raises final beam on Avalon Exeter
AvalonBay raised the final beam on the Avalon Exeter on September 11th. Joined by vice president of development, Michael Roberts and David Gillespie, construction workers signed the last I-beam placed at the top of the project.
The $100 million Avalon Exeter marks the completion of AvalonBay's first luxury apartment development in the city at the Prudential Center.
The 28-story sustainable development designed by Elkus Manfredi Architects will have 187 residential units, consisting of studio, one, two, and three bedroom apartment homes.
MORE FROM Owners Developers & Managers
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
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Quick Hits
Columns and Thought Leadership
Selecting the right façade installation firm - by Steven Powell
As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
IREM President’s Message: Fostering community connections during the holiday season
The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn
For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.