Procopio Cuts Ribbon on Mixed-Use Campus Near Wilmington MBTA Station
The Procopio Companies celebrated the grand opening of 203 Lowell St. in Wilmington, MA this week, The project is a three-building, 10,400-square-foot mixed-use campus including a commercial office building occupied by Beth Israel Lahey Health, a standalone Starbucks restaurant space and The Alice, a high-end residential condominium community.
Procopio’s construction team has completed the final tenant build-out for the medical office and residential components. The Alice has already sold 50% of its 50 units. The campus is proximate to Wilmington’s MBTA Commuter Rail station and has direct access to I-93.
“We’re excited to see the momentum around 203 Lowell Street and very proud of the completed project,” said Mike Modoono, senior development manager, design lead, Procopio. “This development’s new for-sale housing units and world-class commercial tenants will immediately have a positive impact on the local community. It’s about creating a vibrant neighborhood where people truly feel at home.”
Other News
Jonathan Rose Announces Revamp of Ohio Seniors Housing
Jonathan Rose Companies and Community Opportunity Fund, a nonprofit focused on expanding affordable housing and connecting residents to opportunity, announced plans for a comprehensive $32.8 million rehabilitation of Ashtabula Towers, a 202-unit affordable senior housing community in Ashtabula, Ohio. The project represents a significant reinvestment in a longstanding community asset, with updates designed to enhance...
Learn more
Atlas Capital Snags Hell’s Kitchen Apartments for Reported $150M
Atlas Capital Group has acquired 360 W. 43rd St., a 256-unit multifamily property located in Midtown Manhattan’s Hell’s Kitchen neighborhood. Although Atlas Capital did not disclose the acquisition price, Crain’s New York Business reported it as approximately $150 million, or about $586,000 per unit. The 23-story, approximately 250,000-square-foot property comprises 256 rental apartments, 13,000 square feet...
Learn more
EYA Advances Two Residential Developments in Fairfax County
EYA LLC, a D.C.-based urban infill residential developer, is advancing two major residential projects in Northern Virginia. The firm’s Prosperity Park project received approval from the Fairfax County Board of Supervisors, and the Idylwood Hill development reached a key milestone with the closing of its 6.97-acre site in Falls Church. The two projects will bring...
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