Following Request for Proposals, Agency Signs Letter of Intent for the Sale of 6.6-Acre Site at Adams Circle Today, MassDevelopment announced it has signed a letter of intent with Metro West Collaborative Development, a nonprofit affordable housing developer, for the sale of a 6.6-acre site at Adams Circle in Devens. Metro West Collaborative Development intends to build 65 new apartments on the site. The proposal is among the first housing developments made possible by the Mass Leads Act, which Gov.
August/September 2026 Updates Greetings Ayer Businesses, Community Partners, Neighbors, and Friends, School's back in full swing, it's feeling cooler by the day, and Newton Street Festival is right around the corner. Here are some recent updates we'd love to share with you as summer transitions to fall. Your community is up to some amazing things! Department Highlights The Industrial Development Financing Authority (the Town board stewarding a $1 million investment in local businesses) approved their first
MassDevelopment Sells 77 Grant Road in Devens, Provides $4 Million Loan to Affiliate of Elite Home Builders LLC for New Building Featuring 46 Mixed-Income Apartments Kelsey Schiller, 857-325-3477 kschiller@massdevelopment.com DEVENS, Mass. – Today, MassDevelopment announced the sale of a parcel of land at 77 Grant Road in Devens together with a $4 million loan to 77 Grant Rd LLC, a real estate development entity affiliated with Elite Home Builders LLC, which will build a three-story,
Sharing Lessons Learned in Designing and Developing with Nature Devens has established itself as a leader in sustainable redevelopment through a systematic collaboration with nature. The Devens Enterprise Commission (DEC) today announced the public launch of a free, self-guided virtual tour showcasing the community's nationally recognized portfolio of nature-based solutions (NbS) — a series of innovative approaches to climate resilience that harnesses the power of natural systems to manage stormwater,
MassDevelopment Partners with Award-Winning Physical AI Company to Accelerate Missing-Middle Housing Production DEVENS, Mass. – Today, MassDevelopment announced the sale of approximately two acres of land at 25 Adams Circle in Devens to Reframe Systems, Inc., which will develop six for-purchase duplexes (totaling 12 housing units) on the site. Reframe is a Massachusetts-based physical AI company automating the homebuilding process to address the housing crisis. Each of the 12 units will be approximately