News: Owners Developers & Managers

Capital Group Properties and Brendon Properties to develop 129-unit Millwood Preserve

Framingham, MA Capital Group Properties, owners of the Millwood Preserve, have gained approval to build a 129-unit 55+ residential town home community on the former 68 acre Millwood Farms Golf Course located on Millwood and Grove Sts. across from the entrance to the 800-acre Callahan State Park. Capital Group will team with Brendon Properties on the buildout of the project. 

Millwood Preserve will be built in three phases. The mix of 129 town home units will range from 2,000-2,600 s/f and be incorporated into single, duplex and tri-plex buildings. Resident amenities will include a community room with an activity center and bocce court as well as a community garden for residents to enjoy. Also included as part of Millwood Preserve is the 30-acre Millwood Recreational Parcel, which will create new active and passive open space for the city while protecting existing vistas along Millwood St. 

“I am excited to bring this project to North Framingham,” said William Depietri, president of Capital Group, a developer of numerous town home communities in the area, including Mahoney Farms and Grouse Hill in Sudbury, Vickery Hills and Stonebrook Village in Southborough, and many commercial developments in the area. “Not only will Millwood Preserve create local jobs and significant new tax revenue for the city, but it will also offer tremendous recreational opportunities because of its location right across the street from the Callahan State Park in northwest Framingham.”

Brendon Giblin of Brendon Properties said, “I am proud to co-develop this project with Bill and his team. Millwood Preserve will be the quintessential active adult community and new benchmark for luxury and quality living in the area. Consisting of extensive open space and recreational amenities, Millwood Preserve will provide the best in active adult lifestyle.”

 

MORE FROM Owners Developers & Managers

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any