News: Owners Developers & Managers

Urban Design's Forbes Park has a 50% presale on eco-friendly condos

Despite continued reports of a condominium market in decline, summer sales activity at Forbes Park has told a much different story, proving that sometimes it pays to be different. Beginning in the late spring, the project's developers began offering their waterfront eco-friendly lofts at the former print production factory complex. They have reserved 30 of the for-sale lofts. The success of the pre-construction campaign allowed the project construction lender, Amalgamated Bank of Washington, DC, to release all of the funds required to complete the 64 for-sale lofts in phase one. Urban Design & Development is the designer and developer of the Forbes Park project. The live/work lofts at Forbes are indeed unlike anything currently in the Boston area condominium market. The 18-acre property, located where the Chelsea River meets the Mill Creek, reuses and recycles the former industrial buildings and is carefully designed and built to conserve resources, restore the natural environment and capture the earth's renewable energy. In addition to energy efficient initiatives that include a 600KW on site wind turbine that will supply most of the community's needs, Forbes also features units built almost entirely of durable, natural and renewable materials.
MORE FROM Owners Developers & Managers

Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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
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.