Construction Today - January/February 2013 - (Page 62)

Residential | JOHN MORIARTY AND ASSOCIATES – CHARLESVIEW RESIDENCES AT BRIGHTON MILLS A Brighton Idea RESIDENTS OF CHARLESVIEW IN BOSTON WILL SOON HAVE A NEW PLACE TO CALL HOME. BY JIM HARRIS « T he relocation of an affordable and mixed-income rental housing community in Boston’s Allston/Brighton neighborhood is proceeding as planned. General contractors and construction managers John Moriarty and Associates are constructing 22 buildings that will constitute the $100 million, 240-unit complex Charlesview Residences at Brighton Mills. The first tenants of the new complex are expected to take occupancy in phases starting in June 2013, with the final residents in place by the end of August, project manager John Viola says. The project, which broke ground in June 2011, is the result of an arrangement between nonprofit developers The Community Builders Inc. and Charlesview Inc. and Harvard University. Permanent financing is provided by a Low-Income Housing Tax Credit invested in by Google Inc. through Aegon USA Realty Advisors; debt financing from MassHousing, the Massachusetts housing finance agency; and an operating subsidy from the U.S. Department of Housing and Urban Development (HUD). The new complex replaces an existing housing development built in the early 1970s by Charlesview Inc., a community organization founded by five religious institutions. The existing Charlesview was built on a 4and-a-half-acre site is located next to the Harvard Business School. 62 CONSTRUCTION-TODAY.COM JANUARY/FEBRUARY 2013 The new Charlesview Residences will feature 240 rental housing units. Harvard is acquiring that site in the transaction, and according to their recently filed institutional master plan, they intend to develop an “institutional/mixed-use” project on the land. Harvard purchased the original Charlesview site with a replacement housing cost payment and a land swap for Brighton Mills, a Harvardowned shopping center located roughly a half-mile away from the original Charlesview site. Google Inc. also invested $27 million in Charlesview in return for low-income housing tax credits. The other major financing component is a $46 million first mortgage loan, which is sized based on the income from the residents’ rent, many of whom are helped by a rental assistance contract from HUD. The transfer of rental assistance the old site to the new – known as HAP contract porting – will be a first for the New England regional office of HUD. Construction financing is in the form of bond funding from MassHousing, the Massachusetts housing finance agency as well as from the AFL-CIO Housing Investment Trust. Building Specifications The new Charlesview Residences at Brighton Mills consists of 19 townhome-style wood frame buildings with Hardie board exterior, two 5story apartment buildings with a steel frame and concrete slabs and http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - January/February 2013

Construction Today - January/February 2013
Case Studies
Best Practices
Business Management
Green Construction
Construction Materials
Consigli Construction – Wat Nawamintararachutis NMR Meditation Center Thai Buddhist Temple
The Michaels Organization – University Student Living
Clark Builders – The Mustard Seed
JC Beal Construction Inc.
Plaza Construction – ENV
Regalia Beach Developers LLC – Regalia
Batson-Cook Construction – SkyHouse Orlando
Billingsley – Cypress Water Dallas
Jon M. Hall Co.
Pratt Homebuilders
John Moriarty and Associates – Charlesview Residences at Brighton Mills
Daikin America – Plant Expansion Project
Morton Buildings
MSI General Corp.
ClearSpan Fabric Structures
TOPCOR Companies LLC
Coatings Unlimited Inc.
Brencal Contractors Inc.
Del’s Construction Co. Inc. – Cambria Production Facility Expansion
Paric Corp.
Archer Western – Consolidated Courts Complex
Tishman Construction
McCarthy Building Cos. – Mercy Hospital Joplin
University of Maryland Medical System – Trauma Center Expansion
Swinerton Builders – San Joaquin Community Hospital Cancer Center
The Lemoine Company – Lafayette General Medical Center expansion
L.F. Driscoll – Temple University
P. Agnes
FIP Construction Inc.
National Lutheran Communities and Services – The Village at Rockville
Carothers Construction Inc. – Special Operations Command South Headquarters
The Hillman Group
Taylor Woodstone
Tooz Construction Inc.
Woolley’s Classic Suites
Structure Tone – Novo Nordisk Inc. North American headquarters
Gilbane Building Co. – Potawatomi Bingo Casino hotel
Pacific Building Group
Denark Construction – Owensboro-Daviess County Convention and Events Center
Traylor Bros. Inc.
Bobcat Contracting LLC
Reliable Contracting Co. Inc.
Union County and KemperSports – Galloping Hill Golf Course Clubhouse and Learning Center
E.L. Robinson Engineering
INDOT: 1-69 Corridor
Palmetto Corp
Monroe Tractor
Wood's CRW Corp.
Last Look

Construction Today - January/February 2013