On July 30th, Dakota Partners welcomed Massachusetts Lieutenant Governor Karyn Polito and several state and local officials, including Housing and Economic Development Secretary Mike Kennealy, and State Rep. Timothy R. Whelan (Barnstable), for a tour of the nearly completed Yarmouth Commons, on Route 28 in Yarmouth.
Dakota Partners in partnership with Xenolith Partners and the city of New Britain, CT are well underway with construction on Columbus Commons, a mixed-use project that will transform the currently underutilized urban brownfield and former site of Stanley Black & Decker factories into a vibrant downtown, transit-oriented development.
The Planning Board approved a new affordable housing project last week that will bring the town closer to the state’s mandated 10 percent minimum.
The project, now known as Brookside Terrace, would introduce 96 affordable housing units on South County Trail.
The Zoning Board of Appeals approved unanimously on Wednesday night Waltham-based Dakota Partners’ plans for a 150-unit apartment complex on Cranberry Highway at Redbrook Road, following more than a year of discussions and many testy public hearings.
One of us is a lifelong, third-generation resident of Newington who has lived all over this town. The other is a more recent transplant. Both of us love this town. We do not believe in building barriers to affordable housing because these barriers mean that the cost of admission right now is too high for others to live in and enjoy our wonderful town.Learn more
State and local funding for Dakota Partners’ Yarmouth Green project has been approved, which will provide much-needed affordable housing to the area.
“Yarmouth Town Administrator Daniel Knapik said town officials are ‘ecstatic’ about the funding announcement. Dakota Partners has already completed its buildings permit applications for the project, and Knapik said he expects work will begin once the funding becomes accessible.”
Read more about Gov. Baker’s funding announcement and the Yarmouth Green project from Cape Code Times:
With presentations by Dakota Partners, Xenolith Partners, and state and local officials, the ceremonial groundbreaking for Columbus Commons emphasizes renewal efforts in Connecticut.
“When it’s built, the $58 million Columbus Commons project will be a success story for brownfields remediation, urban revitalization and CTfastrak, Gov. Dannel P. Malloy said at a groundbreaking Tuesday.”
Read more about the event and Dakota’s role in Columbus Commons from the Hartford Courant: Malloy:
Officials from across the state of Connecticut plan to join Dakota Partners for a groundbreaking ceremony on one of our latest development projects, Columbus Commons.
“The city of New Britain and developers are breaking ground Wednesday on a $58 million mixed-use development located downtown near a CTfastrak bus station.” Read more about Dakota’s role in revitalization projects in Connecticut: New Britain transit-oriented development breaks ground
The Day reports that “The DEEP dam safety program encourages the demolition of unused dams, a process that can be expensive but can return waterways to their natural state and benefit species that live there.” Read about how Dakota Partners is helping to get a defunct dam removed in Oxoboxo: Defunct dam on Oxoboxo Brook to be removed
SUFFIELD, CT – September, 2017
Dakota Partners and Webster Public Finance Corporation are pleased to announce that financing has closed and construction has begun for a new project of affordable housing in Suffield.
Signs of New Life on Capitol Avenue as Apartments Open
As a student at Trinity College, Kyra Malave walked by the old Hartford Office Supply Co. on Capitol Avenue to visit her grandmother, often thinking the abandoned building’s better days were definitely behind it.Learn more
Phase 1 of Columbus Commons Project is Funded
NEW BRITAIN – Funding for the first phase of the development planned for the former police headquarters site was confirmed Monday by state officials.
Gov. Dannel Malloy, state Department of Housing Commissioner Evonne M. Klein and Karl Kilduff, executive director of the Connecticut Housing Finance Authority, said the Columbus Commons project was one of seven affordable housing developments granted funding by the CHFA board of directors.Learn more
Hartford’s Newest Residence, Capitol Lofts, Already Half Full
The ceremonial grand opening Wednesday of the Capitol Lofts apartments celebrated more than the conversion of a long-vacant building into rentals: In just four months, the 112 units are already 50 percent leased.Learn more
Barton Commons opens as demand for workforce housing soars
By Chris Bosak
Published 12:00 am, Sunday, May 7, 2017Learn more
Under a brilliant blue sky, Dakota Partners joined with state and local officials, partners and Tenney Place residents to celebrate the Tenney Place Ribbon Cutting in Haverhill, MA.
August 15, 2016
The Massachusetts DHCD awarded tax credits for the second phase of Dakota’s Tenney Place project in Haverhill, MA. An additional two buildings with 72 two and three bedroom units will be added to the 72 units recently completed. Phase II will also include the construction of a community building that will house a leasing office, business center, meeting space and fitness center. A playground will also be installed in this phase.
Dakota Partners is pleased to announce that financing has closed and construction is underway at the second phase of our Village Green project in Barnstable, MA. Two additional three-story buildings with a mix of one, two and three bedroom units will be delivered in Phase II. The sixty additional units will bring the total number of apartments at Village Green to 120. All of the new units will be affordable, with 15 reserved for previously homeless families. A fitness center and tot play lot will be added to the existing community center during the second phase as well.
Financing partners include the Massachusetts DHCD, Bank of America, the Town of Barnstable and Barnstable Home Consortium. Alden Torch is the tax credit syndicator. The buildings will be ready for occupancy in late 2016 and early 2017.
The Connecticut Department of Housing recently awarded us tax credits for our Suffield, CT project. Part of a multi-phase project that will eventually deliver 96 apartments and 75 townhouses on a 30 acre parcel adjacent to the Stony Brook River, the initial phase calls for the construction of three garden-style buildings each housing 12 units. The 36 apartments, consisting of both one and two bedroom units, will be reserved for households earning from 25 % to 60% of the area median income. The DOH will provide up to $5 million in funding to Dakota, under the state’s Competitive Housing Assistance for Multifamily Properties (CHAMP) program.
The New Hampshire Housing Finance Authority has awarded tax credits for Dakota Partners’ Kensington Lane project in Bedford, NH. After an expected Spring 2016 closing, Dakota will construct a three story building with 41 apartments. The mix of one and two bedroom units will be designated “workforce housing”, reserved for households earning between 50% and 60% of the area median income. Expected delivery of the apartments is slated for the spring of 2017.
Public officials and private partners in financing, development and construction recently joined with developer Dakota Partners to celebrate the ribbon cutting for the Laurel Hill community, a development that offers much-needed affordable workforce housing to the predominantly single-family Fairfield County market.Learn more
Hartford, CT – June 16, 2015
Public and private officials joined residents to celebrate the completion of the 179 Allyn Street mixed-use redevelopment with a ribbon cutting ceremony. The dedication took place Tuesday, June 23rd at 11:00 a.m.Learn more