• Download


Total Square Footage 872493
Total Dollar Volume $ 360,000,000


Established 2015

Proud Member Of:




Moxy Hotel
- Jan 15, 2018

Vertical construction of Theater District’s 24-story Moxy Hotel tower beginning

The 24-story concrete superstructure of the upcoming Moxy Hotel tower at the corner of Stuart and Tremont Streets in the Theater District will begin its’ rise into the Boston skyline in the coming weeks, with the project’s tower crane now in place. The crane will be used to support the superstructure’s construction, and will stand within the tower’s footprint in order to make optimal use of the small downtown project site, where space is limited.

The 346-room Moxy Hotel will be located across from the W Hotel and recently completed AVA Theater District apartments, surrounded by some of Boston’s top nightlife options and minutes from the Financial District, the South End and the Seaport District. At the Moxy Hotel’s summit will be a new rooftop bar overlooking the Boston skyline. The tower’s base will host a new two-story electronic billboard. The following is a photograph of the Moxy Hotel’s new tower crane:

Dan Lebiedz on LinkedIn: "The tower crane was erected...

The tower crane was erected this weekend on our Moxy Hotel project in Boston. This installation took nearly six months of planning and required a t...

The Circle
- Sep 14, 2017

Historic Circle Cinema sign re-installed atop Cleveland Circle mixed-use development

National Development has re-installed the historic Circle Cinema sign, a longtime landmark of Cleveland Circle, atop the new six-story, 92-unit Waterstone luxury adult apartment community at the $85 million, 218,520-square-foot Circle mixed-use development. The sign was unveiled in a special ceremony Wedensday evening attended by Boston Mayor Marty Walsh, Boston City Councillor Mark Ciommo and National Development Managing Partner Ted Tye. The Circle is expected to open in early 2018, and will also feature a 162-room AC Hotel and approximately 14,000 square feet of retail space across the ground floors of both new buildings. The following are photographs from the Circle sign installation ceremony:

The Circle Photos

Moxy Hotel
- Aug 16, 2017

Drilled shaft installation underway at Moxy Hotel, upcoming 24-story tower in Theater District

Drilled shafts extending nearly 100 feet below grade are now being installed on the future site of the 24-story, 346-room Moxy Hotel tower in the Theater District, strengthening the tower's foundation. Nearly 100-foot-deep holes are now being drilled, after which concrete is being placed within to construct the shafts. The tower's foundation will be completed in the coming months, after which construction of the tower's superstructure will begin. The Moxy Hotel will feature a top-floor rooftop bar overlooking the Boston skyline. A two-story electronic billboard will be integrated into the Moxy Hotel's facade at the corner of Stuart and Tremont Streets. The following is a photograph of construction underway at the Moxy Hotel:

Dan Lebiedz on LinkedIn: "Our partners at Hub Foundations...

Our partners at Hub Foundations have begun the installation of the drilled shafts on our Moxy Hotel project. These shafts extend nearly 100 ft thro...

The Circle
- Jun 29, 2017

Weatherproofing underway at The Circle, luxurious new hotel and adult housing opening Early 2018 in Brighton

Both buildings at the 218,520-square-foot Circle mixed-use development in Brighton's Cleveland Circle have topped off, and weatherproofing of the structures is now underway. Windows have been fully installed at the future 92-unit Waterstone luxury adult apartment building, and the building's exterior is just about fully fireproofed. Exterior facade finish installation will begin at Waterstone in the coming weeks. Window installation is well underway at the 162-room AC Hotel, and moisture-resistant cladding installation has begun at the building's base. A total of approximately 14,000 square feet of retail space will be located along The Circle's ground floor; The Circle is jointly developed by National Development and Boston Development Group and is located steps from the MBTA Green Line. Completion of The Circle is anticipated in Early 2018. The following are photographs of The Circle:

The Circle Photos

The Circle
- Apr 09, 2017

Window installation underway at The Circle in Brighton, new renderings revealed

The Waterstone luxury adult apartment building at The Circle, a two-building mixed-use development in Brighton’s Cleveland Circle, has topped off at six stories high. Windows have been installed along a large section of Waterstone’s facade, and weatherproofing and fireproofing of Waterstone are also underway. Next to Waterstone, the future five-story AC Hotel has reached four stories high and will soon top off. Both buildings at The Circle are expected to open in Early 2018. New renderings of The Circle, including renderings of Waterstone luxury residences, have been revealed and are posted above. The following are photographs of The Circle:

The Circle Photos

700 Brookline Avenue
- Feb 12, 2017

Updated plans revealed for proposed Brookline Village hotel

Claremont Companies has revealed updated plans for the proposed hotel at 700 Brookline Avenue at the gateway to Brookline Village. Plans now call for an 11-story, 175-guestroom Hilton Garden Inn with a sweeping glass curtain wall designed by Cambridge Seven Associates. A restaurant and a ground-floor cafe with outdoor seating have also been added to the program. The latest plans and renderings for the 700 Brookline Avenue hotel are posted above.

Moxy Hotel
- Dec 22, 2016

Moxy Hotel tower construction starting in Downtown Crossing, new renderings released

Preparations are now underway at the Moxy Hotel site in Downtown Crossing to start construction of the upcoming 24-story Moxy Hotel tower. Construction is expected to start in earnest in Spring 2017. New renderings of the tower have been released; these renderings are posted above. Expected completion of the Moxy Hotel is in late 2018. Lee Kennedy Company is the project's general contractor.

The Coolidge
- Dec 08, 2016

21-story apartment building proposed in Brookline’s Coolidge Corner

Chestnut Hill Realty proposes to construct The Coolidge, a new 21-story residential building, in the heart of Brookline’s Coolidge Corner. The Coolidge would contain 320 residential rental apartments. Apartments would range from studios to four-bedrooms, with market-rate pricing ranging from $2,586 per month for a studio to up to $13,511 per month for a four-bedroom. A Project Eligibility Letter (PEL) application for The Coolidge has been submitted to MassDevelopment and is now under official review.

The Circle
- Nov 20, 2016

The Circle residential podium erected, hotel foundation construction underway

The first-story podium of the six-story Waterstone adult residential building at The Circle, a 213,000 square foot mixed-use development in Cleveland Circle, has been erected. Wood framing of five floors above the podium's concrete base will now commence. Both elevator cores of Waterstone at The Circle have topped off at six stories tall.

Construction of the AC Hotel at The Circle's foundation is underway. J. Derenzo Companies is at work excavating the foundation, and large sections of concrete have been poured. Steel erection to construct AC Hotel's five-story structural frame is anticipated in early December. Completion of underground utility construction at The Circle is also anticipated in early December. Completion of both buildings at The Circle is anticipated in Fall 2017. The following are photographs of The Circle:

The Circle Photos

Moxy Hotel
- Oct 09, 2016

Moxy Hotel groundbreaking anticipated this December, Norwich Partners taking over project

Per an Environmental Notification Form (ENF) submitted to the Executive Office of Energy and Environmental Affairs, the Moxy Hotel at 240 Tremont Street in Downtown Crossing will break ground in December 2016 with estimated completion in Late 2018; the following is a link to the ENF. Norwich Partners, developer of the Envoy Hotel, will take over the approved project from Abbott Development; the Boston Planning & Development Agency (BPDA) will grant Norwich Partners a long-term lease of the 0.13-acre BPDA-owned project site. Abbott Development received approval from the BPDA in July 2015 to construct the 23-story, 346-room Moxy Hotel; the Moxy Hotel is already listed on Norwich Partners’ website. General Contractor Lee Kennedy Company, who also built the Envoy Hotel, will construct the Moxy Hotel. Additional information about the Moxy Hotel can be found above.

Homewood Suites Brookline
- Sep 02, 2016

New 130-room hotel completed in Brookline Village

The new 130-room Homewood Suites Brookline hotel, located in Brookline Village on Route 9 steps to the MBTA Green Line, is now open and complete; the following is a link to the official press release announcing the building's completion. Built by Tocci Building Companies, the hotel features 130 upscale suites with amenities including a swimming pool, a fitness center, outdoor terraces and gardens and meeting spaces. Homewood Suites Brookline opened to guests in summer 2016 and broke ground in July 2014; the hotel’s developer is Claremont Companies, who is now proposing a second Brookline Village hotel at 25 Washington Street. Developer The Fallon Company recently acquired 20 Boylston Street, a 12,125 square foot parcel located steps from Homewood Suites Brookline. The following are photographs of the completed Homewood Suites Brookline, courtesy Nickerson PR:

Homewood Suites Brookline

The Circle
- Aug 15, 2016

Waterstone at The Circle foundation nearing completion, pre-leasing begins

Foundation work is nearing completion at Waterstone at The Circle, a 92-unit luxury adult apartment community under construction in Cleveland Circle. Waterstone at The Circle is the first component of The Circle, an approximately 213,000 square foot, $85 million development project partially located in Boston and Brookline. The Circle will entail the construction of the six-story Waterstone at The Circle as well as a five-story, 162-key AC Hotel by Marriott on the site of the former Circle Cinema and Applebee’s Restaurant. Approximately 6,000 square feet of retail fronting Chestnut Hill Avenue will be located across both buildings. A total of 188 parking spaces will be located on site, including 103 underground and 85 at grade. The following are renderings of The Circle:

View South along Chestnut Hill Avenue

View North along Chestnut Hill Avenue

The Circle open space

View of The Circle from Cassidy Playground

The Circle development team, a joint venture of National Development and Boston Development Group, secured over $80 million of project financing in March 2016 through Santander Bank; the exact financing figure is $80,084,251. Work on the AC Hotel will begin shortly, and completion of both buildings is expected by Fall 2017. Pre-leasing of apartments at Waterstone at The Circle has begun, visit ClevelandCircleDevelopment.com for more information.

J. Derenzo Companies has just about fully excavated the section of The Circle’s single-level, 103-space underground parking garage that will be located underneath Waterstone at The Circle. Part of the garage will also be located underneath the AC Hotel. Concrete has been poured along nearly all vertical sections of the Waterstone at The Circle garage, and the building’s seven-story elevator core has risen to the future ground floor. Pile driving is complete at Waterstone at The Circle, and concrete is being poured atop pile caps to create Waterstone at The Circle’s foundation. Excavation rigs and other construction vehicles and equipment are staged on the future site of the AC Hotel. The following are photographs of the Circle site:

View East of Waterstone at The Circle foundation

View West of Waterstone at The Circle foundation

View West of Waterstone at The Circle foundation

Concrete pouring underway along East Section of Waterstone at The Circle foundation

Concrete pouring underway along East Section of Waterstone at The Circle foundation

Concrete poured on pile cap

Concrete poured on pile cap

Top of driven pile (orange posts)

Top of driven pile (orange posts)

Elevator Core

J. Derenzo Companies excavator

J. Derenzo Companies excavator

AC Hotel site

The Circle
- Apr 25, 2016

J. Derenzo Companies demolishes last section of Circle Cinema

J. Derenzo Companies' JDC Demolition division demolished the last standing section of Circle Cinema early Saturday morning. The way has now been cleared for construction of new hotel and senior housing buildings expected to be complete in 2017. The following is a video by National Development's Ted Tye showing the last standing section's demolition:

Last piece of Circle Cinema comes down this morning during MBTA shutdown.@BostonRedevelop pic.twitter.com/g9nkRt5qqh

— Ted Tye (@tyeguy44) April 23, 2016

The Circle
- Apr 18, 2016

J. Derenzo Companies demolishes former Circle Cinema building

J. Derenzo Companies' JDC Demolition division has just about fully demolished the former Circle Cinema building in Cleveland Circle:

Circle-Cinema-Redevelopment-Project-Chestnut-Hill-Avenue-Boston-Brookline-Cleveland-Circle-National-Development-Cranshaw-Construction-J-Derenzo-Companies-JDC-Demolition-Elkus-Manfredi-Architects-1  Circle-Cinema-Redevelopment-Project-Chestnut-Hill-Avenue-Boston-Brookline-Cleveland-Circle-National-Development-Cranshaw-Construction-J-Derenzo-Companies-JDC-Demolition-Elkus-Manfredi-Architects-2

Circle-Cinema-Redevelopment-Project-Chestnut-Hill-Avenue-Boston-Brookline-Cleveland-Circle-National-Development-Cranshaw-Construction-J-Derenzo-Companies-JDC-Demolition-Elkus-Manfredi-Architects-3  Circle-Cinema-Redevelopment-Project-Chestnut-Hill-Avenue-Boston-Brookline-Cleveland-Circle-National-Development-Cranshaw-Construction-J-Derenzo-Companies-JDC-Demolition-Elkus-Manfredi-Architects-4

Circle-Cinema-Redevelopment-Project-Chestnut-Hill-Avenue-Boston-Brookline-Cleveland-Circle-National-Development-Cranshaw-Construction-J-Derenzo-Companies-JDC-Demolition-Elkus-Manfredi-Architects-5  Circle-Cinema-Redevelopment-Project-Chestnut-Hill-Avenue-Boston-Brookline-Cleveland-Circle-National-Development-Cranshaw-Construction-J-Derenzo-Companies-JDC-Demolition-Elkus-Manfredi-Architects-6


The Applebee's restaurant building formerly located on site is completely demolished. All that remains of Circle Cinema is a single former screening room:

Circle-Cinema-Shell-1   Circle-Cinema-Shell-2

Circle Cinema contained seven screening rooms prior to demolition. Virtually the entire theater has been reduced to rubble:

Circle-Cinema-Rubble-1   Circle-Cinema-Rubble-2

The hollowed shell of Circle Cinema is visible from the neighboring ballpark:


Part of the former Circle Cinema parking area remains underneath the remaining screening room:


The Circle Cinema site presents a unique transit-oriented location abutting an active rapid transit line and within walking distance to multiple public transportation options:


A new hotel building and senior housing building will be built on the Circle Cinema site. Anticipated project completion is in 2017. More information about the Circle Cinema Redevelopment project is posted below.

700 Brookline Avenue
- Apr 03, 2016

J. Derenzo Companies completes demolition at proposed Brookline Village hotel site

J. Derenzo Companies' JDC Demolition division has demolished a former Gulf gasoline station located at 25 Washington Street in Brookline VillageClaremont Companies proposes to build a 168-room hotel on the 18,492 square foot parcel.

Claremont Companies acquired the 25 Washington Street site in January 2016. Plans for the proposed hotel were presented at the Town of Brookline's Economic Development Advisory Board (EDAB) meeting held on January 4th, 2016. The following is a link to the full EDAB presentation.

The 25 Washington Street parcel is currently zoned for industrial use; a zoning change will be required to build the proposed hotel. More information about the proposed hotel is posted below. The following is the deed for Claremont Companies' acquisition of 25 Washington Street as recorded in the Norfolk County Registry of Deeds:

Homewood Suites Brookline
- Apr 03, 2016

Finishing touches underway as Homewood Suites Brookline nears June 2016 opening

Exterior finishes have been installed throughout Homewood Suites Brookline's facade. The building now has a strong presence along Route 9 in Brookline Village. Official Homewood Suites signage has been installed along the building's facade. Finishing touches are now underway along the facade and the ground floor targeting Homewood Suites Brookline's scheduled June 2016 opening. Per an update posted on Homewood Suites Brookline's website, the hotel will open to guests in June 2016. Homewood Suites Brookline is currently accepting reservations for arrivals starting June 6th, 2016.

Homewood Suites Brookline is the first of what could be a wave of development projects coming to Brookline Village. Claremont Companies, who is Homewood Suites Brookline's developer, proposes to build a second Brookline Village hotel at 25 Washington Street. The Fallon Company, developer of Fan Pier in Boston's Seaport District, recently bought a 12,125 square foot Brookline Village parcel at 20 Boylston Street. The following are photographs of Homewood Suites Brookline:

More information about Homewood Suites Brookline is posted below.

Homewood Suites Brookline April 2016

The Circle
- Jan 26, 2016

Construction has begun on the Circle Cinema Redevelopment in Cleveland Circle. J. Derenzo Companies will soon begin demolition of the existing Circle Cinema and Applebee's buildings on site. Asbsetos removal and installation of construction fencing started Monday. Cranshaw Construction is managing the Circle Cinema Redevelopment.

The following are photographs of Circle Cinema and the adjacent Applebee's restaurant:

Circle_Cinema_Redevelopment_Project_Chestnut_Hill_Avenue_Boston_Brookline_Cleveland_Circle_National_Development_Cranshaw_Construction_Elkus_Manfredi_Architects_1   Circle_Cinema_Redevelopment_Project_Chestnut_Hill_Avenue_Boston_Brookline_Cleveland_Circle_National_Development_Cranshaw_Construction_Elkus_Manfredi_Architects_2

Circle_Cinema_Redevelopment_Project_Chestnut_Hill_Avenue_Boston_Brookline_Cleveland_Circle_National_Development_Cranshaw_Construction_Elkus_Manfredi_Architects_3   Circle_Cinema_Redevelopment_Project_Chestnut_Hill_Avenue_Boston_Brookline_Cleveland_Circle_National_Development_Cranshaw_Construction_Elkus_Manfredi_Architects_4

Circle_Cinema_Redevelopment_Project_Chestnut_Hill_Avenue_Boston_Brookline_Cleveland_Circle_National_Development_Cranshaw_Construction_Elkus_Manfredi_Architects_5   Circle_Cinema_Redevelopment_Project_Chestnut_Hill_Avenue_Boston_Brookline_Cleveland_Circle_National_Development_Cranshaw_Construction_Elkus_Manfredi_Architects_6

Chroma Cambridge
- Jan 01, 2016

We were impressed by the quality of finishes and layout of spaces on our recent tour of Chroma, a cutting edge new luxury apartment building now leasing in Cambridge's delightful Cambridgeport neighborhood. Chroma's common areas are thoughtfully designed with attractive furnishings and amenities, such as a state-of-the-art gym and a lounge featuring a pool table, that promote an active and collaborative lifestyle. With a resident Think Space, high-speed wireless internet in all common areas and a convenient location steps to Kendall Square and MIT, Chroma also fosters innovation, teamwork and 21st century thinking.

Our photographs of Chroma are posted above. Take a look at Chroma's distinctive artwork, roof deck, communal spaces, units and more. Additional photographs are posted further below. Also watch our video interview about Chroma with National Development's Jessica Buonopane (Vice President of Residential Properties) and John Felix (Development Project Manager); National Development is a developer of Chroma and Chroma's building manager. Video is embedded below.

During Chroma's construction, an old granite lion sculpture was unearthed. Subsequently named Sidney, the lion is now on display in Chroma's landscaped courtyard. Watch the Chroma team's video of Sidney the Lion's installation, embedded below. Photographs of Sidney the Lion in his new home are also posted above.

The Circle
- Nov 17, 2015

A deed was recorded today in the Suffolk County Registry of Deeds transferring ownership of the Circle Cinema site from National Amusements Inc. to Cleveland Circle Development Associates LLC, an affiliate of National Development and Boston Development Group, for $1. Construction of a new AC Hotel and senior housing on the site is expected to commence in 2016. The following is today's recorded deed:


National Development and Boston Development Group, developers of the Cleveland Circle Redevelopment project, acquired the Circle Cinema development site for a total of $9.5 million in November 2014.

The developers closed on the acquisition of the Circle Cinema theater site on November 16th, 2014 for $5.5 million. The following is the deed for the sale recorded in the Norfolk County Registry of Deeds:

The developers closed on the acquisition of the adjacent Applebee's restaurant site on November 26th, 2014 for $4 million. The following is the deed for the sale recorded in the Suffolk County Registry of Deeds:


Homewood Suites Brookline
- Nov 08, 2015

We stopped by under-construction Homewood Suites Brookline, where construction is progressing in earnest! Installation of brick exterior finishes has begun, and windows are just about fully installed. Fireproofing is installed throughout the building's facade.


More information about the project is posted below.

Homewood Suites Brookline
- Oct 04, 2015

Installation of windows is beginning at Homewood Suites Brookline. Fireproofing has been installed along much of the building's topped-off frame, and sheathing has been installed throughout.


Thought Leadership

No new thoughts. Inquire about becoming a thought leader by clicking here


To unlock, this organization must be verified.

Please click here to verify >>