Massachusetts Seeks Developer for Lindemann-Hurley Site in Boston’s West End
The Healey-Driscoll Administration has released an Offering Memorandum (OM) for the reimagining and redevelopment of the Erich Lindemann Mental Health Center and the Charles F. Hurley Building located at the Boston Government Services Center in Boston’s West End. The OM reflects the administration’s shift from redeveloping the 6.5-acre site for office and lab use to creating new housing instead.
“This site represents one of the most significant housing development opportunities in Boston,” said Gov. Maura Healey. “We’re turning underutilized state property into new homes, preserving important parts of this historic site, and ensuring that critical mental health services continue uninterrupted. This is exactly the kind of partnership and creativity we need to lower housing costs, create more opportunity and make Massachusetts more affordable.”
The Massachusetts Division of Capital Asset Management and Maintenance will follow up the OM with a Call for Offers this summer. The division plans to select a development partner in 2027. Newmark’s Michael Byrne and Lauren Donahue have been tapped as advisors. The OM and other information can be found here.
Other News
Truist Closes Construction Loan for Long Beach Multifamily
Truist recently closed a $152-million construction loan for Marina Shores, a 390-unit multifamily community at 6615 E. Pacific Coast Hwy. in Long Beach. The project is being developed by Carmel Partners. The six-story project will transform an aging office complex and surface lot into a mixed-income community with approximately 5,400 square feet of ground-floor retail...
Learn more
Merchants Bank Retains CBRE to Market Fee Interest in Midtown Residential Property
CBRE has been retained by Merchants Bank to market for sale the fee interest in 19 W. 55th St., a vacant, nine-story residential property with continuous retail frontage in Midtown Manhattan. CBRE’s Daniel Kaplan was appointed by the bank to spearhead the sale. “Opportunities to acquire the fee interest of an asset in this premier...
Learn more
Logos Faith Development Expands into San Diego Market
Logos Faith Development, in partnership with San Diego’s Logan Temple AME Zion Church, commemorated the official groundbreaking on Logos Logan Legacy Place at the project site. The 43-home affordable housing community is located at 3186 and 3190 Franklin Ave. in San Diego’s Logan Heights neighborhood. The project marks the affordable housing developer’s expansion into the San Diego...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout