News: Front Section

Northland Residential Corp. receives town approval for Wolcott Woods

Milton, MA Northland Residential Corp. has received approvals to develop Wolcott Woods, an age-restricted townhome community on 47-acres off of Canton Ave. The necessary entitlements were granted in accordance with the town’s Great Estate Planned Unit Development zoning bylaw and the town’s Scenic Road bylaw. Plans call for designating 60% of the land as open space, preserving three existing historic homes on the property and constructing 50 architecturally-compatible, 2-3 bedroom townhomes. The new development promises to fill a void in the local market for townhomes specifically designed for “active adult” households, and will provide six homes for moderate-income households throughout the town. 

Northland’s project team includes legal advisor, Ned Corcoran, Esq. of Corcoran & Associates; architect James Velleco of Grazado Velleco Architects; landscape architect, Alan Aukeman of Ryan Associates; and civil engineer, Deborah Keller of Merrill Engineers and Land Surveyors. 

“We are pleased to announce the addition of Wolcott Woods to our portfolio of suburban residential properties. Our decision to move forward with this new project was predicated on our successful track record most recently at Woodmere at Brush Hill in Milton, Duxbury Woods in Duxbury and The Residences at Black Rock in Hingham. We take pride in shaping our new developments to meet the needs of today’s buyers and we expect Wolcott Woods to be received with the same level of enthusiasm,” said John Dawley, president and CEO of Northland. 

Dawley views collaboration with the town and the abutters throughout the permitting process to be key to tailoring a new project to the unique fabric of the community. “Our team collaborated for well over three years with Milton town officials at the Planning and Zoning Boards; as well as those living in the immediate area, to refine our architecture, site plan, streetscapes, landscaping and open space programs, to minimize the impact on abutters and achieve an appropriate ‘fit’ for the neighborhood. As a result, I’m thankful for their involvement in further distinguishing our original development plan. Additionally, I’d like to recognize and thank those Milton residents who have followed our progress and support our development.”

Site work at Wolcott Woods is expected to begin in fall and the first homes are slated to be delivered by the summer of 2020.

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
Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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