News: Owners Developers & Managers

Delphi Construction completes 50,000 s/f veterans housing project

Haverhill, MA Multi-market construction management firm, Delphi Construction has completed a new 50,000 s/f veterans housing project for their client, Coalition for a Better Acre.

The 44-unit development sits on the site of the former Gerson Furniture Building on Washington St. The new development features a mix of one, two and three-bedroom units along with three fully ADA compliant units with low rise countertops, expanded bathrooms and other accommodations for residents in wheelchairs.

Delphi was awarded the project by the non-profit, Coalition for a Better Acre (CBA) in partnership with Veterans Northeast Outreach Center (VNOC). The Coalition for a Better Acre is a membership based community development corporation dedicated to resident empowerment and sustainable community revitalization for current and future residents of the city and the Merrimack Valley. CBA promotes healthy, vibrant neighborhoods by developing resident leaders, affordable housing and economic opportunities, and by responding to community needs through collective action. VNOC provides a full continuum of care to Veterans and their families in Essex, Middlesex and Barnstable Counties in Mass. and Rockingham County in N.H. The partnership with VNOC is a continuation of the Welcome Home Apartment project that is located at VNOC’s headquarters less than a half mile up the road from the Gerson building. This project has a 70% unit preference for local veterans being serviced by VNOC.

The Gerson development aims to provide affordable housing opportunities for military veterans and their families. 

As part of the project, designed by Davis Square Architects of Somerville, Delphi demolished three shuttered buildings on the site in order to make way for the new construction. The new facility includes the residential apartments, a community room and a two story detached parking structure in the rear. The ground level also features 2,500 s/f of retail space CBA plans to lease out to commercial tenants.

The project had a duration of just under 2 years from start of demolition to occupancy.

Delphi project executive, Vincent Bernard congratulated CBA, project partners and new residents of the building at the conclusion of the project. 

“The spirit of teamwork on this project was strong throughout. From the outstanding collaboration among Delphi site leaders, the ownership team, the design team at Davis Square Architects and the owner’s Project Manager, Matt Yarmonlinsky, to the commitment of all of the subcontractors on the project who went above and beyond to deliver the project safely in the face of the COVOD outbreak. We would also like to thank the City of Haverhill and the Haverhill Fire Department for their professionalism and support. This was truly a team effort. Delphi is delighted to have played a role in helping CBA bring much needed affordable housing to our veterans.” Bernard said. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary