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Multi-Residential

Dellbrook|JKS Completes VIVA Lakeshore

VIVA Lakeshore Bridgewater, MA – New England construction management firm, Dellbrook|JKS, alongside the Claremont Companies and CUBE 3 studios, has completed construction at VIVA Lakeshore.

The 400,000sf project included slab on grade new construction of 300 units across two, 5-story wood framed buildings with a combination Nichiha/ Hardie siding facade and satellite garage parking for 60 vehicles. VIVA Lakeshore has a mix of

A Conversation with RISE Together’s Herby Duverné

continued from page 27

value creation that comes with land redevelopment. The current development process is built around a sale of that asset that generates a one-time revenue event.

At RISE Together we approach these sellers and are flexible enough to allow them to contribute all or some part of this asset and stay in the entire development deal. This replaces their old income with a steadier source of income and in many cases increases the income. We also work with the seller to find job placement for their current employees in either the development or elsewhere. It’s a more

Labs, Labs, Labs

continued from page 25 holistic, inclusive, and flexible approach to real estate development that shares in the value creation.

HP: If you could share one piece advice for a young professional entering this industry, what would that be? HD: I will say, without a doubt, it is to pick a mentor and a sponsor. A mentor is someone who can teach you what you need to know. A sponsor is someone who can open doors for you. Success in real estate has a lot to do with genuine relationships.

a diverse range of lab spaces for a local Ivy League university that include: • Specialized Equipment for Engineering and Physics – Air cannon (materials testing) – Non-ferrous lab (materials isolation and testing) – Physics experimentalist lab (equipment testing and development) – Helium recovery (collection and gathering of waste gases for environmental recovery and reuse) • Biomolecular Sciences – Bio-safety level 1 & 2 labs – Nuclear Magnetic Resonance (NMR) imaging – Redundant and reliable power and

HVAC systems • Animal Care Facilities – Baby and canine behavioral – Free-range primate behavioral and testing facilities – Tissue culture – Innovative and best in class

AAALAC facilities • Plants and Biology • CAR – vehicle and materials New England is globally renown as an educational hub that drives innovation in life sciences, healthcare, material sciences, and beyond. The fuel for this innovative business engine is trained human capital, and the facilities that incubate the innovation are these labs.

Kevin Chronley is vice president of A/Z Corporation.

Fire pit

Game room studio, one-, two-, and three-bedroom options with apartment amenities that include in-unit washer/dryers, central air conditioning, hardwood floors, and patios or balconies.

Community amenities include a resort-style and youth pool, a 24hour fitness center, recreation room, playground, theatre room, business

Unit living room center, bike storage and repair center, outdoor grilling and dining, co-working spaces, and 10,000sf of landscaped open activity areas.

Located between routes 24 and 495, VIVA Lakeshore is also in proximity to the Wrentham Outlets and Patriot Place, and is 15 minutes away from the Bridgewater Commuter Rail Station.

NHPF Acquires Funding for Housing

New Haven, CT – The NHP Foundation (NHPF), in collaboration with the City of New Haven and WRSHIP, announces the acquisition of funding to create a townhome development containing 56 rental apartments along with a clubhouse community center, coffee shop/bakery, interior parking, playground, and a community gazebo in a neighborhood with nearby public transportation, grocery and other retail, schools, recreational areas and daycare. The New Haven United Nations International Peace Garden is adjacent to the new housing and shall remain onsite.

The MLK Boulevard/Tyler Street Family Housing development, located in the West River neighborhood and consisting of rental townhomes, is designed to serve households earning 30%, 50%, and 60% AMI and also contains market rate rental units to create a mixed-income community. The proposed development has been designed to achieve certification with Passive House Design standards for energy efficiency and conservation of resources.

WRSHIP, incorporated in 2001, is the New Haven “SHIP” (self-help investment plan) of a national movement active since the 1960s and organized by AfricanAmericans, who pooled resources to undertake development in their communities, not having been able to gain access to capital through traditional banks and financiers.

“The project represents the first new housing to be constructed on a vast stretch of land in New Haven that has been vacant for over four decades,” said Anthony Dawson, president of WRSHIP. “It is also a major step for the inclusion of New Haven’s African American community in major economic endeavors.”

The project was made possible via NHPF’s Affiliate Program which provides expertise to mission aligned affordable housing developers/owners and municipal and community organizations in need of resources to renovate existing assets or to develop new properties. NHPF has developed 13 affordable housing communities via the Affiliate Program, with the New Haven development becoming its first in Connecticut.

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