News: Owners Developers & Managers

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.
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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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