News: Owners Developers & Managers

EPOCH Senior Living and National Development's Waterstone at Wellesley opens

According to EPOCH Senior Living, Waterstone at Wellesley, a new senior living community at 27 Washington St. under development since 2010, opened to residents on April 10th. The community, a joint venture by EPOCH Senior Living and National Development, has been under development since November 2010. A Grossman's Hardware store that stood empty for nearly 20 years was razed in June 2010 to make space for the project. The 207,742 s/f Waterstone at Wellesley includes 134 apartments for seniors 62 and older. It features independent and assisted living rental apartments, a fitness center, pool, theater, restaurant-style dining, designer kitchens, putting green, a riverfront walking trail and underground parking garage. The community is situated along the Charles River and behind a CVS pharmacy and a Newton-Wellesley Hospital ambulatory surgical center, which are located along Washington St. These tenants are part of the Waterstone at Wellesley development. The community will employ 50 full-time workers and is led by executive director Kristine Tilton. Residents of the new senior living community began moving in on April 10th and move-ins continued over the next several weeks. A formal opening ceremony will be held in May. Elkus Manfredi Architects is project architect, Wellesley Design Consultants provided interior design services, and Cranshaw Construction was general contractor.
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Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

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IREM President’s Message: Fostering community connections during the holiday season

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
Selecting the right façade installation firm - by Steven Powell

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
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

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.