2014: The Year in Review

Another great year (almost) in the books and we'd like to thank all of our family, friends, and colleagues for making this a tremendously successful year and we look forward to more in 2015! Just a few of the things that made 2014 memorable....

 Flats at 22 under construction, due for completion in January 2015

Flats at 22 under construction, due for completion in January 2015

 Governor Patrick cuts the Ribbon at the Flats at 44, completed March 2014

Governor Patrick cuts the Ribbon at the Flats at 44, completed March 2014

 The new computer lab at the RTH Community Center

The new computer lab at the RTH Community Center

 Off-Centre Lofts in Jamaica Plain, completed in September 2014

Off-Centre Lofts in Jamaica Plain, completed in September 2014

  • We completed the historic rehabilitation Off-Centre Lofts in Jamaica Plain - 21 new studio and one-bedroom lofts fully leased.
  • The Flats at 44 opened in March and was fully leased by mid-year representing the first Housing Development Incentive Program project in the Commonwealth. Governor Patrick helped us cut the ribbon.
  • Following closely behind we broke ground on 50 apartments at the Flats at 22 and expect to finish this coming month. More than half of the building is pre-leased.
  • We broke ground on Cable Mills, the conversion of a beautiful historic mill into 61 loft apartments in Williamstown, MA across from Williams College.
  • Completed the 28,000 square foot Roxbury Tenants of Harvard Community Center creating an amazing community space provide new wellness and educational opportunities for the residents it serves.
  • We permitted 18 lofts and 4,500 square feet of ground floor retail at the former Surplus Office Supply building as momentum continues to build for what will be a remarkable transformation for downtown Haverhill.
  • We accepted a national Urban Land Institute Award along with our Box District partners for our work in Chelsea, and spoke on several panels about workforce housing, modular housing, and reducing costs of development. 
  • Dave and Julia welcomed twins to the family! Whit and Ellie Traggorth were born in September.

TC's First Green Roof (and more!)

We're used to installing solar on the roofs (e.g. Atlas Lofts, Off-Centre Lofts, Coolidge School) but we recently installed a green roof at the RTH Community Center. Here it is, as viewed from the future youth center, and it is absolutely amazing! We couldn't also resist adding a few more sneak peak photos of some of our favorite spots in the gleaming new facility that opens this summer.

Roxbury Tenants of Harvard Community Center Update

The Roxbury Tenants of Harvard Community Center project has been hitting the major milestones these days coming through the winter and into what will be a very exciting 2014. The 28,000 square foot multipurpose facility will open in June of this year and in preparation, Tanya is working with RTH staff to plan for, bid out, and order furniture, fitness equipment, and audio visual equipment for the entire facility. Below are a few pictures from a recent visit and we can't wait for the first basketball and volleyball games this summer!

2013: The Year in Review

 One Greenway, Chinatown, Boston, MA

One Greenway, Chinatown, Boston, MA

 The Roxbury Tenants of Harvard Community Center under construction

The Roxbury Tenants of Harvard Community Center under construction

 The Flats at 44 under construction in Chelsea, MA

The Flats at 44 under construction in Chelsea, MA

Thanks to all of our colleagues, friends, and partners for making 2013, the first of TC, a very special year.

  • Tanya joined us in April bringing her many talents and determination to the team. She wasted no time jumping into the deep end by managing the closing of the Roxbury Tenants of Harvard Community Center New Markets Tax Credit closing with our friends at MHIC.
  • Cassandra joined us in July as an accountant/office manager and does an amazing job keeping us in line and laughing all along the way.
  • Nick joined us for a great summer and now knows why "One-Stop" strikes fear into affordable housing developers across Massachusetts.
  • We broke ground on three fantastic projects totaling 63 apartments and 21,000 sf of community space: The Flats at 44 in ChelseaThe Off-Centre Lofts (aka Norbert School) in Jamaica Plain, and The Roxbury Tenants of Harvard Community Center in Boston's Mission Hill. All three will be completed in 2014!
  • We celebrated with our friends at The Neighborhood Developers when funding was announced for the Silver Line Extension to Chelsea and the Box District Station to go along with it. Read more about this from the Chelsea Record here.
  • We were honored to assist the New Boston Fund and the Asian Community Development Corporation with the affordable financing closing at Parcel 24, now called One Greenway. It will be such an important project for Boston and the Chinatown neighborhood with 95 affordable apartments. Read more here.
  • We celebrated with The Community Builders on the opening of 225 Centre and look forward to an exciting 2014 as we continue to manage the retail leasing of the project.
  • And finally...we moved upstairs to Suite 833 to provide ourselves with a little bit more elbow room!

We're looking forward to a fun and productive 2014 and wish you all a Happy New Year!

 

RTH Community Center Steel Topped Off

With excavation and foundation concrete completed, within the past three weeks a bulk of the steel has been put into place at the RTH Community Center. It's been exciting to watch the building take shape!  

For more information about the project and TC's involvement click here

 

Roxbury Tenants of Harvard Closes on New Markets Tax Credits

Roxbury Tenants of Harvard recently closed a New Market's Tax Credit allocation in June which provided more than $2M in equity for the construction of the RTH Community Center. The Community Center is mid-way through construction and expected to be completed in May 2014. TC staff coordinated the closing of the tax credits on behalf of the Roxbury Tenants of Harvard as part of the overall project management services provided for the project.

Read more about the closing and investment from MHIC and USBank here.

 

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