Where's the Multifamily Slowdown? Not Here!
Bisnow is excited to bring our Boston Multifamily event to town on Thursday at the Sheraton Boston, 7:30am. The market is still so strong, it almost seems self-propelled. ADD/Stantec principal James Gray, a panelist, says his design firm has been searching for signs of the next dip without success. Even the escalating values downtown have an upside—more projects in the neighborhoods. James and his team are designing a new multifamily building for Federal Realty at Assembly Row in Somerville; a 134-unit building in Brighton for Urban Spaces; and they're working on The Merc in Waltham for Northland.
The close-in ‘burbs are where IBEW Local 103 is finding opportunities to show how they’re more competitive on price and productivity than ever, says director of business development Matt Lash. These licensed electrical workers are among the very few union mechanical craftspeople working at Avalon Assembly Row; they worked on Redgate's Maxwell’s Green and expect to be on the job building affordable housing in Union Square like Cathartes' 197 Washington St development (all Somerville projects). Local 103 also creates entry-level jobs for residents in communities where it’s working, Matt tells us. Get all the details at Bisnow’s Boston Multifamily, Thursday, Jan. 15, Sheraton Boston, 7:30am. Register.
