Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Boston & New England  + Metro Boston  + Senior Housing  |  October 17, 2024
Paul Bubny
By: Paul Bubny

WinnDevelopment, WNC Launch Conversion of Historic Boys Club Building in Worcester

WinnDevelopment and WNC & Associates launched construction on The Residences on Lincoln Square in downtown Worcester, MA. The senior residential community will preserve and convert the historic three-story Lincoln Square Boys Club building into 16 affordable housing units, while also constructing an adjacent five-story building with an additional 64 units.

A single-story glass enclosure will connect the buildings via the ground floor, allowing residents access between the two. The 80-unit development for seniors aged 55+ is scheduled for completion in April 2026, with an anticipated $70-million total development cost.

The Lincoln Square Boys Club building, originally constructed between 1928 and 1930, has been vacant since 2006. It is situated in the Worcester Institutional District.

Financing includes low-income housing tax credits and historic credits from both federal and state governments. Rockland Trust is providing construction financing and the Massachusetts Housing Partnership is providing permanent financing, with the city and state providing additional soft financing.

Connect

Inside The Story

WinnDevelopmentWNC & Associates

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
Order Reprints
  • ◦Development