Real Estate Archives - Madison Park Development Corporation https://www.madison-park.org/press-category/real-estate/ Thu, 22 Jan 2026 20:07:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.madison-park.org/wp-content/uploads/2025/03/cropped-Untitled-design-5-32x32.png Real Estate Archives - Madison Park Development Corporation https://www.madison-park.org/press-category/real-estate/ 32 32 154206511 From the City of Boston: City of Boston Celebrates Completion of Flat 9 at Whittier https://www.madison-park.org/press/from-the-city-of-boston-city-of-boston-celebrates-completion-of-flat-9-at-whittier/ Tue, 20 Jan 2026 20:05:52 +0000 https://www.madison-park.org/?post_type=press&p=8466 Mayor Michelle Wu, Congresswoman Ayanna Pressley, the Boston Housing Authority (BHA), Preservation of Affordable Housing (POAH), and residents today joined federal, state, and local partners to celebrate the completion of […]

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Mayor Michelle Wu, Congresswoman Ayanna Pressley, the Boston Housing Authority (BHA), Preservation of Affordable Housing (POAH), and residents today joined federal, state, and local partners to celebrate the completion of The Amp, the third and final phase of Flat 9 at Whittier, a HUD Choice Neighborhoods redevelopment in Roxbury.

The milestone marks the full transformation of the Whittier Street Apartments in Roxbury, which launched with the support of the U.S. Department of Housing and Urban Development’s Choice Neighborhoods Initiative. In 2016, HUD awarded a $30 million Choice Neighborhoods grant to the City of Boston and the Boston Housing Authority as co-grantees, supporting housing redevelopment, resident services, and broader neighborhood investment.

“Whittier has long been a foundation for Roxbury families,” said Mayor Michelle Wu. “This redevelopment is transformational for the city, bringing even more affordable housing and deeper connections to the neighborhood than before the project began. I’m grateful to work with Congresswoman Pressley and our local, state, federal and nonprofit partners who helped deliver this project.”

“The completion of The Amp at Flat 9 is a powerful example of what’s possible when we commit to investing in our communities with intention and care,” said State Senator Liz Miranda. “The transformation of the Whittier Street Apartments represents more than new buildings, it reflects a promise to Roxbury families that they deserve safe, dignified housing and vibrant community spaces. I’m proud to celebrate this milestone with the residents, partners, and leaders who made this vision a reality and who continue to show what equitable development can look like in our city.”

Originally built in the early 1950s, the 200 public housing units at Whittier Street Apartments have been home to generations of low-income Boston families. The multi-year redevelopment has replaced those units with 210 deeply-affordable homes and created 262 additional mixed-income rental units across the site and within the nearby neighborhood, a total of 472 units of housing. The project also introduced new streets, retail space, play areas, and pedestrian-friendly design that integrates the development into the surrounding community.

“This celebration is more than a decade in the making. We could not be more proud to welcome our Whittier families home and to celebrate a project that brings new life and critical new housing opportunities to the Roxbury neighborhood,” said Boston Housing Authority Administrator Kenzie Bok. “This project is a reminder of what we can achieve when federal, state, and local partners work together to deliver the housing our families deserve.”

The Amp is a 12-story, mixed-income residential building located at the corner of Tremont, Ruggles, and Whittier Streets. Completed in September 2025, it adds 172 apartment homes ranging from studios to two-bedroom units, along with shared community spaces, roof decks, a fitness room, landscaped outdoor areas, and approximately 9,000 square feet of commercial space intended to support neighborhood-serving uses.

“We are thrilled to reach this important milestone in the comprehensive redevelopment of the former Whittier public housing site into a vibrant mixed income community with access to jobs and cultural amenities,” said Aaron Gornstein, President and CEO of Preservation of Affordable Housing (POAH). “The Amp furthers Mayor Wu’s and Governor Healey’s goal to expand affordable housing production near public transit while providing much needed commercial space for local business so the Roxbury community can continue to thrive.”

Flat 9 at Whittier was developed in three phases. Phase One, completed in January 2020, delivered 92 family-sized apartments with a community lounge and playground and created 76 additional mixed-income apartments—including 43 BHA replacement units—nearby in Madison Park Village. Phase Two, completed in December 2021, added 52 mixed-income units with shared community spaces. Phase Three, The Amp, completes the redevelopment and introduces a high-rise residential building with modern amenities and commercial space.

Read the entire story from the City of Boston here.

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Healey-Driscoll Administration Announces $6.5 Million to Assess & Clean Up Brownfields https://www.madison-park.org/press/healey-driscoll-administration-announces-6-5-million-to-assess-clean-up-brownfields/ Thu, 31 Jul 2025 16:11:52 +0000 https://www.madison-park.org/?post_type=press&p=8235 BOSTON — Today, the Executive Office of Economic Development and MassDevelopment joined state and local officials in Boston’s Dorchester neighborhood to announce $6,519,000 in awards from the Brownfields Redevelopment Fund to […]

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BOSTON — Today, the Executive Office of Economic Development and MassDevelopment joined state and local officials in Boston’s Dorchester neighborhood to announce $6,519,000 in awards from the Brownfields Redevelopment Fund to support the environmental assessment and cleanup of 20 contaminated sites across Massachusetts for redevelopment. Once complete, the projects are expected to redevelop a combined total of 21.16 acres, unlock more than 950,000 square feet of new development, and create or preserve more than 700 housing units.

Interim Economic Development Secretary Ashley Stolba made today’s announcement at the Talbot Bernard Senior Homes, a previous award recipient of a grant through the Brownfields Redevelopment Fund. The organization that manages the Talbot Bernard Senior Homes, Codman Square Neighborhood Development Corporation (NDC), is receiving $850,000 in awards from this round of the Brownfields Redevelopment Fund to support the development of 42 units of affordable housing across two sites in Dorchester.

“The Brownfields Redevelopment Fund helps local partners meet their economic development goals by bringing blighted or vacant sites back into productive use for housing and commercial development,” said Interim Economic Development Secretary Ashley Stolba, who serves as chair of MassDevelopment’s Board of Directors. “This is an important state resource for cleaning up contaminated properties to benefit our residents and communities now and into the future.”

“MassDevelopment is proud to administer the Brownfields Redevelopment Fund on behalf of the Commonwealth and partner closely with municipalities, community development corporations, and other nonprofit organizations as they work to revitalize challenging properties in their communities,” said MassDevelopment President and CEO Navjeet Bal. “Today’s awards will clear the way for hundreds of new housing units, new commercial spaces, and more, and we look forward to seeing the positive impact these projects bring for families, seniors, and neighborhoods across Massachusetts. We are grateful to the Healey-Driscoll Administration and our partners in the legislature for their support of this key program.”

MassDevelopment oversees the Brownfields Redevelopment Fund, which was created in 1998 to transform contaminated and underused industrial or commercial properties by funding or financing their environmental assessment and remediation towards redevelopment.

Today’s awards were provided as rolling round grants, which are available year-round on a case-by-case basis to eligible community development corporations, nonprofit organizations, and municipalities seeking environmental assessment or remediation of sites with active projects. MassDevelopment’s website features a Notice of Funding Availability with details on how to apply for this category of assistance.

“The Talbot Bernard Senior Housing and Homes community, where today’s event was held, demonstrates the important role the Brownfields Redevelopment Fund has played over the past 25-plus years in helping organizations like ours unlock key parcels for housing,” said Gail Latimore, Executive Director of the Codman Square Neighborhood Development Corporation. “We are glad to be receiving $850,000 in awards today to remediate two additional sites and bring 42 new affordable apartments to our corner of Dorchester.”

“Thank you to the Healey-Driscoll Administration for prioritizing these important investments in creating housing. I am proud to support the Brownfields Redevelopment Fund grant in the state budget as I know the impact these grants make in our communities,” said Senator Nick Collins, First Suffolk. “Congratulations to the recipients. Your work is a vital step toward transforming underused properties into vibrant, sustainable spaces that benefit communities and the environment. We look forward to seeing the impact of your efforts.”

“I am thankful to the Governor and her team for continuing to build more affordable housing. The redevelopment of sites creates healthier and more vibrant communities while expanding opportunities for job creation,” said Representative Russell Holmes, 6th Suffolk.

Read the entire press release here.

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On Universal Hub: New affordable apartments, condos approved for Grove Hall https://www.madison-park.org/press/on-universal-hub-new-affordable-apartments-condos-approved-for-grove-hall/ Wed, 05 Mar 2025 19:39:23 +0000 https://www.madison-park.org/?post_type=press&p=8002 By adamg on Tue, 03/04/2025 – 12:56pm Rendering by Studio Luz Architects. The Zoning Board of Appeal today approved plans for a six-story building with 54 apartments and 9 condos on Warren Street […]

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Rendering of proposed 639 Warren St.

Rendering by Studio Luz Architects.

The Zoning Board of Appeal today approved plans for a six-story building with 54 apartments and 9 condos on Warren Street at Crawford Street in Grove Hall.

All of the units will be rented or sold to people making up to between 80% and 100% of the Boston area median income, under the proposal by the Madison Park Development Corp.

The building, designed to allow a continued view of a mural on Warren Street, would have 22 parking spaces, accessible via the lot’s small access on Georgia Street.

It would also have ground-floor space for two stores.

The Boston Planning Department approved the proposal last month.

639 Warrren St. filings.

Read the story as it originally appeared on Universal Hub here.

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From HUD: Biden-Harris Administration Announces More Than $279 Million in New Housing Investments https://www.madison-park.org/press/from-hud-biden-harris-administration-announces-more-than-279-million-in-new-housing-investments/ Wed, 02 Oct 2024 19:40:16 +0000 https://www.madison-park.org/?post_type=press&p=7742 WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced nearly $279 million in awards to properties across 23 states and territories under its Green and Resilient Retrofit Program (GRRP) […]

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WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced nearly $279 million in awards to properties across 23 states and territories under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations of more than 3,500 homes. These Comprehensive grants and loans will increase energy and water efficiency, reduce climate pollution, generate renewable energy, reduce housing operating costs, promote the use of green building materials, and improve the quality of life for residents by making their homes more resilient to climate hazards. As of today, over $1.12 billion from President Biden’s Inflation Reduction Act has now been awarded to 225 properties and nearly 26,000 rental homes, to make them greener, healthier, and safer for low-income households, seniors, and persons with disabilities. With these awards, 97 percent of funds dedicated to GRRP have now been awarded. Today’s awards not only represent the largest dollar amount of grants and loans made under the program at one time to date but include 11 properties participating in HUD’s Section 202 project-based rental assistance program for low-income seniors and six Section 811 program for low-income persons with disabilities.

HUD Acting Secretary Adrianne Todman announced these grants today in Boston, MA, where HUD today awarded over $7 million for two properties to make crucial upgrades for residents.

“HUD has awarded over $1.1 billion through the Green and Resilient Retrofit Program to modernize housing for families across the country as the climate crisis continues to affect our most vulnerable communities,” said HUD Acting Secretary Adrianne Todman. “The awards announced today advance the Biden-Harris Administration’s housing and clean energy goals to ensure families we serve live in resilient, energy efficient, and comfortable homes where they can thrive.”

President Biden’s Inflation Reduction Act-the largest climate investment in history-established the GRRP in 2022 to fund energy efficiency and climate resilience improvements for multifamily properties participating in HUD’s project-based rental assistance programs This effort advances environmental justice through President Biden’s Justice40 Initiative, which sets a goal that 40 percent of the overall benefits of certain federal investments flow to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution.

“This is the largest set of Green and Resilient Retrofit Program awards to date, reinforcing our continued commitment to large-scale rehabilitation measures that ensure the safety and security of the low-income residents who call HUD-assisted housing home,” said Assistant Secretary for Housing Julia Gordon. “Today’s awards will address some of the most extensive and greatly needed energy efficiency and climate resilience upgrades for low-income households to date.”

The grants and loans announced today represent the first GRRP awards in Hawaii, South Dakota, and Nebraska, and bring the total amount of funding under this program to more than $1.12 billion in 42 states, the District of Columbia, and Puerto Rico. This is the fourth and final set of awards made under the GRRP’s Comprehensive category, which provides funding to properties with the highest need for climate resilience and utility efficiency upgrades. One remaining award announcement for the GRRP Elements category is expected in the coming months.

“We are pleased that this set of awards includes the largest number of properties to date that are participating in both our project-based rental assistance programs for low-income seniors and low-income persons with disabilities,” said Ethan Handelman, Deputy Assistant Secretary for Multifamily Housing Programs. “This is exactly what GRRP was designed to do – to help fund vital protections and improve the homes and lives of some of our nation’s most vulnerable populations.”

Today’s awardees include 26 properties that participate in the HUD Section 8 project-based rental assistance program for low-income individuals and families, 11 properties in HUD’s Section 202 project-based rental assistance program for low-income seniors, and six properties that receive support through HUD’s Section 811 supportive housing for people with disabilities. Three properties have more than 200 units, 21 properties have between 51-200 units, and 19 properties have fewer than 50 units.

Read the press release as it originally appeared with HUD here.

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On Universal Hub: 63 apartments and condos proposed for long vacant Grove Hall lot https://www.madison-park.org/press/on-universal-hub-63-apartments-and-condos-proposed-for-long-vacant-grove-hall-lot/ Thu, 19 Sep 2024 20:54:33 +0000 https://www.madison-park.org/?post_type=press&p=7701 Rendering by Studio Luz Architects. The Madison Park Development Corp. has filed plans for a six-story residential building on a lot Warren and Crawford street in Roxbury that has sat vacant since […]

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Rendering of proposed 639 Warren St.

Rendering by Studio Luz Architects.

The Madison Park Development Corp. has filed plans for a six-story residential building on a lot Warren and Crawford street in Roxbury that has sat vacant since the 1960s as a holdover from the Washington Park urban-renewal project.

All of the units – 54 apartments and 9 condos – would be rented or sold as affordable, according to the non-profit’s filing with the Boston Planning Department. Some 16 of the apartments would rented to people making no more than 30% of the Boston area median income, with the rest to people making no more than 60% or 80% of that amount. The condos would be aimed at people making no more than 80% or 120% of that amount.

The units would range from one to three bedrooms.

In addition to residential units, the building would have 2,000 square feet of ground-floor commercial space.

Madison Park says it is still figuring out the number of parking spaces, but that it is tentatively looking at 22 spaces in a lot on the three-quarter-acre parcel. The site is next to several bus lines and is about a half mile from the Four Corners/Geneva station on the Fairmount Line. Madison Park says it will provide indoor bike storage.

639 Warren St. filings and meeting/comment schedule.

Read the story as it originally appeared on Universal Hub here.

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On Energy News Network: Massachusetts awards $53 million to help affordable housing operators cut emissions and make homes healthier https://www.madison-park.org/press/on-energy-news-network-massachusetts-awards-53-million-to-help-affordable-housing-operators-cut-emissions-and-make-homes-healthier/ Wed, 07 Aug 2024 15:33:03 +0000 https://www.madison-park.org/?post_type=press&p=7634 by Sarah Shemkus In the Boston neighborhood of Roxbury, the Madison Park Development Corporation is receiving $13.5 million from the Affordable Housing Decarbonization Grant Program to do work at its 331-unit […]

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In the Boston neighborhood of Roxbury, the Madison Park Development Corporation is receiving $13.5 million from the Affordable Housing Decarbonization Grant Program to do work at its 331-unit Orchard Gardens development. But it is also seeking out other sources to meet the $20 million expected cost of the planned sustainability upgrades.

“It’s a big property and the heart of one of Boston’s oldest, most diverse, most underserved neighborhoods,” said Oren Richkin, senior project manager for the organization. “This grant money is pivotal for this project.”

Read the entire article as it originally appeared on Energy News Network here.

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On BISNOW: This Week’s Boston Deal Sheet https://www.madison-park.org/press/on-bisnow-this-weeks-boston-deal-sheet/ Mon, 08 Jul 2024 14:22:10 +0000 https://www.madison-park.org/?post_type=press&p=7570 (Taylor Driscoll) Massachusetts General Hospital is making its inaugural allocation toward affordable housing by giving millions of dollars to 22 community groups. Read the entire article as it originally appeared on […]

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(Taylor Driscoll)

Massachusetts General Hospital is making its inaugural allocation toward affordable housing by giving millions of dollars to 22 community groups.

Read the entire article as it originally appeared on BISNOW here.

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On Citybbiz: My City at Peace and The HYM Investment Group Announce Investment in P3 Roxbury by Professional Athlete Shabazz Napier https://www.madison-park.org/press/on-citybbiz-my-city-at-peace-and-the-hym-investment-group-announce-investment-in-p3-roxbury-by-professional-athlete-shabazz-napier/ Tue, 25 Jun 2024 18:14:26 +0000 https://www.madison-park.org/?post_type=press&p=7550 My City at Peace (MyCAP) and The HYM Investment Group (HYM) are thrilled to announce that esteemed professional athlete with local roots, Shabazz Napier, has made a financial investment in P3 Roxbury, a […]

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My City at Peace (MyCAP) and The HYM Investment Group (HYM) are thrilled to announce that esteemed professional athlete with local roots, Shabazz Napier, has made a financial investment in P3 Roxbury, a transformative, mixed-use development project in the heart of Roxbury’s Nubian Square neighborhood. Hailing from Mission Hill, Napier’s investment exemplifies his commitment to uplifting his local community and the vision he shares with MyCAP and HYM of creating a more vibrant, inclusive, and sustainable Roxbury. This significant project milestone also underscores the continued opportunity for local investors to join Napier in creating a bright future for the Roxbury community.

“We’re thrilled to celebrate the investment in P3 Roxbury from Shabazz Napier,” said Reverend Jeffrey Brown, Founder and CEO of My City at Peace and Thomas N. O’Brien, Founding Partner and Chief Executive Officer of HYM. “Our partnership with Shabazz exemplifies a shared commitment to uplifting communities and creating lasting change in Roxbury. By prioritizing deeply affordable housing, equitable job opportunities, and meaningful inclusion in the development process, P3 seeks to foster a future where all can thrive.”

Read the entire article as it originally appeared on Citybiz here.

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In Stanford Social Innovation Review: How Real Estate Development Can Boost Urban Health https://www.madison-park.org/press/in-stanford-social-innovation-review-how-real-estate-development-can-boost-urban-health/ Tue, 29 Aug 2023 06:17:23 +0000 https://www.madison-park.org/?post_type=press&p=6818 On August 24, 2023, Madison Park Development Corporation was highlighted in Stanford Social Innovation Review's article on urban health and real estate development — Click to read more details.

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On August 24th, 2023, Madison Park Development Corporation was highlighted in the Stanford Social Innovation Review’s academic article and case study research regarding the connection between community health in Boston’s inner-city neighborhoods and real estate development as a catalyst for both social change and harm reduction.

Read the full article as it appeared here.

 

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