News: Front Section
Posted: January 27, 2023
Project of the Month: DeStefano & Associates, Inc. completes design and construction of 36 apartments in former St. Joseph’s School
Haverhill, MA DeStefano & Associates, Inc. (DAI) has completed the design and construction of 36 apartments in the former St. Joseph’s School, known as the Lofts at St. Joseph.
The school was built in 1888 and was active for 129 years, providing Catholic education to many families ranging from nursery school through eighth grade. Unfortunately, due to the declining enrollment, the school was forced to close at the end of the 2017 academic year.
In October 2020, developer Jonathan Cody, owner of Atlantis Investments, LLC, purchased the vacant building and hired DAI to design and construct 28 studio and eight one-bedroom apartments. The architect was Stephen Fleshman. The interior designer was Dawn Horan of Wellesley Design Consultants.
Exterior renovations included new windows and roof. An adjacent vacant lot was renovated to accommodate the parking requirements. The existing three wythe brick exterior walls provide excellent structural and thermal integrity.
On the interior the wide corridor was maintained with high ceilings (10 ft.). Improvements included a five stop elevator attached to the existing structure. Each unit is provided with finishes including LVT and ceramic floors, wood cabinets and quartz countertops. Blinds are provided with electric operators. HVAC is state-of-the-art heat pumps and ERV’s.
Amenities include community washers and dryers, and private work space, located on the ground floor.
Some of the unique challenges included labor shortages and supply chain delays caused by the pandemic. The elevator pit installation required ledge removal adjacent to the building at a depth of 20 ft. below grade.
The building originally had a 10 lane bowling alley. This has been demolished and is available for future rental space, office, retail or food service.
The project team included:
- DeStefano & Associates, Inc. - Construction Manager
- Sublime Construction Corp. - Concrete
- National Granite Flooring - Flooring
- Ware-Butler Building Supply - Doors, Cabinets and Countertops
Tags:
Front Section
MORE FROM Front Section
Front Section
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Quick Hits
.png)
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
