March 20, 2019
Over 250 attendees gathered for the 2nd Annual South of Boston Summit hosted by the New England Real Estate Journal & the South Shore Chamber of Commerce to hear from key stakeholders about real estate development throughout the region.
The program included a keynote address from Rich Beal of A.W. Perry, panel discussions on changing commercial real estate and how the South Shore is attracting various business in the region as well as a roundtable update on the Hanover Crossing project at the Hanover Mall. Attendees heard from Peter Abair of MassEcon, Patrick Brady of Cornerstone Realty Capital, Tim Cahill of Quincy Chamber of Commerce, David Ellis of Ellis Realty Advisors, Peter Forman of South Shore Chamber of Commerce / South Shore Economic Development Corporation, Ian Frenette of the Boston Cannons, David Gilmore of Pyramid Management Group (Kingston Collection), Josh Katzen of Forest Properties and Steven Kelly of Timberline Construction.
Thank you to our sponsors!
Platinum: A.W. Perry
Corporate: Ellis Realty Advisors, Timberline Construction, Inspired Technology and Communications LLC, Zaxia
Vendor: Cornerstone Realty Capital, PREP – Hanover Crossing, U.S. Pavement Services Inc., Bedford Cost Segregation, iCorps Technologies
More photos can be found in our gallery.
Key stakeholders gathered at the beginning of the month to recognize some critical leadership in the next phase of South Shore 2030’s Housing Initiative. The business voice is a critical component to moving the number on our housing goal of 44,000 new units by 2030. It isn’t only about increased housing production, but the right kind of housing in the right locations – some key housing developments and town initiatives were highlighted during the event and can be found on South Shore 2030’s housing page.
Getting to that 44,000 number will take a lot of effort and leadership from community members, local officials from all 25 communities, small business, big business, all industry representatives. This is bigger than just increasing the number of homes on the South Shore – it is about building our communities and supporting the economic vitality of the region. We have some great leadership here on the South Shore and Rockland Trust’s, Christopher Oddleifson, is leading the charge with a $35,000 contribution to support the project work.
Check out some of the media coverage of this announcement from the sources below.
For more information about the Housing Initiative and/or to get involved in the conversation, contact Courtney Bjorgaard at email@example.com or 781.421.3915.
The rumbling, beeping, jackhammering of construction in Quincy and other South Shore communities is annoying to some people. But town and city leaders say it’s music to their ears and a sign of economic health for 2019 and beyond.
It means more houses, apartments and condos are being built. And housing, they say, will eventually bring new industry, more small businesses and jobs.
“We’ve got good momentum going in Quincy Center and we want to use that on other parts of the city,” Quincy Mayor Thomas Koch said.
Norwell selectmen are looking to have the Economic Development Committee look into a Chapter 43D designation for 98 Accord Park Drive based on the recommendations given by the Metropolitan Area Planning Council and have it voted on at the annual May Town Meeting.
Representatives from MAPC are working with town officials to better utilize Norwell’s commercial properties and to help reduce the tax burden for homeowners.
MAPC’s recommendations are to have the Accord Park Drive properties listed in Norwell’s Economic Growth Plan as strictly commercial properties and to have Queen Anne’s Plaza grow into a mix of residential and commercial properties.
Selectmen are looking to have possible Chapter 43D zoning changes for Accord Park on the annual Town Meeting Warrant in May.
HANOVER — In the woodsy back corner of the 77-acre Hanover Mall, the new owners of the long-struggling shopping center see an opportunity to change its fortunes.
It’s not the movie theater that sits there now, or another big box store. No, it’s housing — four buildings with nearly 300 apartments that PREP Property Group, an Ohio-based company that bought the mall in 2016, wants to build.
If it wins town approval, PREP would sell the land to a housing developer and use the proceeds to blow up the half-century-old indoor mall and turn it into an outdoor-oriented “lifestyle center,” like many of its newer competitors, with hundreds of customers in those apartments, just steps away.
“When I heard about their plans, it was like a revelation,” said Ed Callahan, who has managed the Hanover Mall through years of foreclosure, bank ownership, and slumping sales. “We really lucked out with a new owner that saw this place as an opportunity.”
After driving through a secluded and sylvan Plymouth landscape to arrive at A.D. Makepeace Company’s Redbrook Village, one arrives at what’s described as a “New England village, re-imagined.”
The focus is on the village green and surrounding nature. Homes and parking lots are tucked discretely behind trees and shrubbery. There’s a farmers market, café, fire pit surrounded by Adirondack chairs, boat launch, YMCA, playing field and basketball court.
A band plays on the green where residents have gathered for a “JamBEERee” to enjoy hotdogs, craft beer and a sense of community. Later in the afternoon, some will make their way to the Meeting House to watch the Patriots.
Pilot Program will provide another option for drivers on I-93 northbound in Boston who have a final destination of the Seaport in South Boston
BOSTON – The Massachusetts Department of Transportation today announced that beginning Monday, October 15, 2018, all traffic will be able to use sections of the South Boston Bypass Road and a portion of the I-93 High Occupancy Vehicle (HOV lane) in South Boston at all times for a 12-month period. This pilot program will provide another route option for drivers traveling inbound to the South Boston area from I-93 northbound and members of the public are advised that the South Boston Bypass Road can be accessed via Exit 18 on I-93. This pilot program is being launched following approval by the Massachusetts Environment Policy Act (MEPA) office which issued an Advisory Opinion at the request of MassDOT.
The full traffic pattern changes that will be implemented 24/7 through this pilot program include allowing unrestricted eastbound travel on the South Boston Bypass Road between I-93 Frontage Road and Cypher Street/Richards Street and allowing unrestricted travel in both directions of the South Boston Bypass Road between Cypher Street/Richards Street and West Service Road. Additionally, access to the I-93 HOV lane from the following areas leading to Logan International Airport will also be unrestricted: the I-93 northbound mainline, I-93 northbound Frontage Road, and Kneeland Street/Lincoln Street.
PEMBROKE – This weekend, thousands of South Shore high school seniors will toss their mortarboards in the air and go home with freshly minted diplomas, eager to chart their own paths.
David Kingsley would love it if even just a few of them would come work for him.
But Kingsley, the co-owner of a Pembroke waterproofing company, knows that the majority of this spring’s graduates will head off to four-year colleges in the fall, and many of those who don’t will likely be hired by other companies desperate for skilled, and even unskilled, workers as the region’s unemployment rate hovers below 3 percent.
That’s because his is among the countless companies statewide now scrambling to find employees amid a skills shortage that has prompted tens of millions of dollars in state spending and has some calling on high schools to encourage students to consider vocational training and trade work as an alternative to four-year college degrees that are increasingly accompanied by crippling student debt.
“We want to grow the company,” said Kingsley, who co-owns Watchman Waterproofing and has about 17 employees. “We want to expand, but we can’t because we just don’t have the help.”
In the Boston area housing market, there’s no longer an upside to downsizing for many empty nesters.
LET ME FIRST APOLOGIZE for any part my wife and I may be playing in worsening the Massachusetts housing shortage. Our youngest child has a freshly minted college diploma and a job. That officially makes us empty nesters, although our golden doodle might object to the description. After more than 20 years at the same address in Plymouth, we’re theoretically in a position to downsize, to ditch the drudgery of yardwork and upkeep for a simpler life governed by condo association rules. We’ve built up a pile of equity. Our 120-year-old house sits on a corner lot in a “desirable” part of Plymouth, about two blocks off the ocean. It’s updated and spacious, ideal for a growing family stretching at the seams.
HANOVER – Representatives from the South Shore Chamber of Commerce brought their vision of the region’s economic future to Hanover Wednesday night.
Town officials and the Massachusetts Housing Partnership arranged the presentation so the chamber’s efforts to spur economic development could be discussed. The event was held at the John Curtis Free Library
“Our entire 2030 South Shore economic plan looks at attracting more businesses and a broader mix of businesses than we’ve had in the past,” South Shore Chamber President and CEO Peter Forman said. “What we are looking at is: What does it take to attract those businesses?”