A joint venture comprised of the Massachusetts Port Authority, the Massachusetts Department of Transportation and the Massachusetts Bay Transportation Authority has released a Request for Proposals (RFP) seeking a developer for a mixed-use transit-oriented development project at the Anderson Regional Transportation Center (RTC) in Woburn. The RFP follows a strong response to a Request for Expressions of Interest earlier this year.
“As the JV plans for the future of the Anderson RTC, there is potential for development to co-exist with, and even enhance, operations at the facility,” MBTA said in a release. Development of a large parking lot outside the RTC represents an opportunity “for a qualified developer able to navigate complex environmental regulations.”
Responses to the RFP are due by March 24, 2026. A selection committee comprised of the three agencies will evaluate proposals before recommending a developer for designation by the three agencies’ respective boards.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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