ITK

The Procopio Companies At A Glance


PROJECT STATUS
Interior Finishing: 1 |
Under Construction: 2 |
Acquired by Proponent: 1

WORK BY SECTOR
Housing: 3 |
Retail: 2 |
Office: 1

PROJECT SIZES
$0 - $10M: 2 | $10M - $100M: 2 | $100M+: 0

Totals

Total Square Footage Free
Total Dollar Volume Free

General

Established 1950
Website Free
Phone Number ITK

Over the last half-century, markets have risen and fallen, and builders have come and gone. Procopio Construction Company was founded in Saugus, in 1950 by Joe Procopio. That small construction firm that Joe founded nearly 70 years ago was based on family values, a strong work ethic, and local clients. Today, moving we are still a family business with family values – we take pride in all of our developments, projects, and custom homes, and strive to build strong relationships with our clients – relationships based on trust, integrity and service.

Over the past sixty years, our services have changed with the times, our operations have changed as we have grown, and our team has developed into what we are today.

Today our services include general residential and commercial construction, new home construction, excavating, foundations, earthmoving, water and sewer connections, ledge removal, road building, retaining wall construction, material handling, soil nails, wall repair, precision aggregate placement, and most other general contracting and construction management services.

Updates

Sedna Beverly
- 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. 


40 Central Square & 510 Washington St.
- 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.


Caldwell Lynn
- Apr 27, 2020

Exterior Work & Window Install Ongoing for Caldwell Lynn Construction continues at Caldwell Lynn, along Munroe Street in the heart Lynn's downtown. The project, expected to open this summer will offer 259 modern apartments along with amenities including a rooftop pool, resident lounge, fitness center, and co-working space. The 10-story building will also include around 15,000 square feet of ground-floor retail space.


Sedna Beverly
- 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.


Sedna Beverly
- 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.


Sedna Beverly
- 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.


Sedna Beverly
- 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.


Sedna Beverly
- Jan 17, 2020

Framing Set to Begin for Sedna in Beverly Building A at Sedna in Beverly, MA is ready for framing to begin next week. The plan for the project is to stick build the basement level and then floors 1-3 will be panelized. The two-building project will include 62 apartments along with 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.


Sedna Beverly
- Nov 18, 2019

Majority of Foundation Work Complete at Sedna Building A The majority of the foundation work on Sedna Building A is now complete. This week the masons and plumbers will be onsite beginning their phases in an effort to get a slab in and wall panels going right after the New Year. Sedna Beverly is an upcoming multi-family, transit-oriented development located on a 3.78-acre waterfront site at 10-16 Congress Street. The two-building project will include 62 apartments along with a public waterfront park, 1500 feet of boardwalk, and 1200 feet of new sea wall. 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.


Sedna Beverly
- Oct 29, 2019

Site and Foundation Work Underway For Sedna Beverly Site and foundation work have kicked off for Sedna Beverly. The waterfront project will feature a total of 62 apartments between 2 new construction buildings. Along with parking for 87 cars the development will also include a public waterfront park and 1,500 feet of boardwalk. First units are expected to be completed in the third quarter of 2020. When asked about the name Sedna, the development team at Procopio tells BLDUP, "Sedna is a sea princess from Inuit mythology. We liked it, considering the oceanfront location, and it seemed fitting." Photo: Procopio Companies


Sedna Beverly
- Aug 21, 2019

Beverly Development Receives $14.82 Million in Financing The project at 10 Congress Street in Beverly, MA has received $14,821,737 in financing via Bank of New England. The property was purchased in April 2019 by Procopio Construction Company for $3.5 million. The site is a 3.78-acre transit-oriented, waterfront development adjacent to the Beverly-Salem Bridge. The development will feature 62 market-rate apartments ranging from the low to mid $2,000 price range.  Procopio Construction Company is aiming to have units move-in ready by the fall of 2020.


Sedna Beverly
- Apr 02, 2019

Beverly Development Site Acquired for $3.5 Million Procopio Construction Company has acquired the development site at 10 Congress Street in Beverly, MA. The property is a 3.78-acre transit-oriented, waterfront development site located in downtown Beverly, MA. Additionally, the land has approvals and permits in-place (including special permit, ConCom and Chapter 91 license) to build 62 market-rate apartment or condominium units.


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The Procopio Companies's Recent Projects

40 Central Square & 510 Washington St.
Acquired By Proponent
510 Washington Street, Lynn, MA, 01901
Caldwell Lynn
Under Construction
34 Munroe Street, Lynn, MA, 01901
Sedna Beverly
Under Construction
12 Congress Street, Beverly, MA, 01915
Ironwood Apartments
Interior Finishing
215 Fairmont Avenue, Kingsport, TN, 37660-3000