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Jul 09, 2020
Updated Plans for Brighton Development Cuts 80 Units
In response to community and BPDA feedback, The Davis Companies has presented updated plans for the proposed project at 1515 Commonwealth Avenue. New plans call for a reduction in total units from 330 to 250 (100 condos + 150 apartments). The height of the condo tower has also been reduced from 16 stories to 8 for a building height of 85'. Parking on-site has also cut down from 200 to 160 spaces.
Jul 06, 2020
Interior Finishing Ongoing for 1st Building at Sedna Beverly
With siding and windows in place, interior finish work is ongoing for the first building at Sedna Beverly. The two-building project will include 62 apartments along with a public waterfront park and 1,500 feet of boardwalk. Sedna is located only a 10-minute walk to the MBTA, beaches, parks, marinas, and Beverly’s vibrant downtown. The first units are expected to be completed in Q3 2020.
Jun 07, 2020
N MA Approved 40B Project Acquired for $4.2M
Criterion Development Partners has acquired the approved project at 83 Pleasant Valley Street in Methuen for $4.2M. The 40B project is set to include 156 units in total, 39 affordable on a 7+ acre site just off I-93. The development would also include parking for 273 cars.
May 15, 2020
BDPA Approves Change of Ownership for Walk Hill Residences
During May's virtual BPDA meeting, the board approved the change of ownership for the approved Walk Hill Residences project. New owners, JBBM Realty trust acquired the project in September 2019 for $4.2M. The development is set to include 106 residential units with 126 parking spaces.
May 05, 2020
Middlesex Savings Bank Leases Space at Maynard Crossing
Developer, Capital Group Properties has announced that Middlesex Savings Bank has leased space at their Maynard Crossing project. The bank will occupy a 4,000 square foot building with a dual-lane drive-thru. The branch is expected to open in spring 2021. Maynard Crossing is set to include 296,000 square feet of retail, entertainment, and medical space along with 180 luxury apartments and a 143 unit senior independent living facility.
Apr 30, 2020
Lynn Development Site Acquired for $6.65M
A series of parcels in downtown Lynn have been acquired by The Procopio Companies for $6.65M. The land, just under 1 acre, is located at 40 Central Square & 510 Washington St. and currently features a series of office & retail buildings. Procopio is currently developing Caldwell, a 250+ unit mixed-use project just around the corner from this site.
Mar 31, 2020
Window Install Complete for Building A at Sedna Beverly
The window and roofing installation is complete for Building A at Sedna Beverly as construction progresses on the exterior of the building. Building A will consist of 32 units and offer waterfront views from every apartment when complete.
In total, the two-building project will boast 62 units situated on Beverly's historic waterfront. The property is located a mere 10-minute walk from the Beverly Depot (Commuter Rail), Dane Street Beach, several marinas, and Beverly’s picturesque downtown.
Mar 30, 2020
$1M Permit Pulled to Add Additional Restrooms at 399 Washington
A permit valued at $1,063,000 has been pulled to construct additional bathrooms on the 3rd, 4th and 5th Floors of 399 Washington Street in Downtown Crossing. The historic building is currently undergoing a massive renovation and will feature over 70,000 square feet of office and retail space.
Mar 04, 2020
Waterfront Project Sedna Beverly Rapidly Progressing
Building A of the two-building project is up to the roof level. The trusses are set and are ready for bracing, infill, sheathing and detailing. Building A is 32 units and will have waterfront views from every apartment when complete.
When complete, the two-building project will include 62 apartments located only a 10-minute walk to the MBTA, beaches, parks, marinas, and Beverly’s vibrant downtown.
Feb 28, 2020
Construction Continues for 62-Unit Project in Beverly
Construction continues at the upcoming 62-unit waterfront project in Beverly, Sedna. Both buildings are progressing nicely with Building A ready for roof trusses and Building B is almost ready for framing to start.
When complete, the development will also include a public waterfront park, 1,500 feet of boardwalk, and 1,200 feet of new sea wall. The first units are expected to be completed in Q3 2020.
Feb 11, 2020
399 Washington Street Nearing Completion
With work nearly complete on the install of the 2-story glass and metal facade, construction at 399 Washington Street in Downtown Crossing is wrapping up. Along with ground-floor retail space, the building also includes over 30,000 square feet of creative office space.
Feb 06, 2020
Framing and Foundation Work Underway at Sedna
Framing and foundation work is well underway at Sedna located in historic Beverly, MA along the Danvers River. The two-building project will boast 62 apartments along with a public waterfront park and 1,500 feet of boardwalk.
Sedna is an ideal location for commuters as it is situated just a few minutes from the Beverly Depot train station, Salem train station, and the Salem ferry if boats are your thing. The first units are expected to be completed in Q3 2020.
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