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Funding finalized for Suffolk Downs project in Massachusetts – constructconnect.com – Daily Commercial News

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Funding finalized for Suffolk Downs project in Massachusetts – constructconnect.com – Daily Commercial News


REVERE, MASS. — Three companions have introduced they’ve secured a $150 million development mortgage for Amaya, a 475-unit, 415,000-square-foot multi-family residential constructing, the primary mission set to be delivered on the Suffolk Downs growth in Massachusetts.

The deal was introduced by Nationwide Actual Property Advisors, Cathexis and the HYM Funding. Funding was secured by JLL and supplied by Ullico, a labor-owned insurance coverage firm that invests in development and industrial actual property tasks. The mission is positioned close to the MBTA Blue Line Beachmont Station.

Amaya was designed by ICON Structure. Models will vary from micro studios to two-bedrooms. The property may also function 34,000 sq. ft of amenity area and 24,000 sq. ft of ground-floor retail area.

Outside facilities will function two landscaped courtyards with a pool, fireplace pits and out of doors kitchen with grilling stations. Indoor facilities will embody a health middle and yoga room in addition to a sport room and arcade. Amaya is ready to be delivered in Q2 2024.

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John Moriarty and Associates, Nationwide, Cathexis and HYM broke floor on Amaya in Could 2022 together with 100 Salt Road, a 280,000-square-foot life science facility that may also be accomplished in 2024. The groundbreaking ceremony served because the official kick-off for Suffolk Downs, one the biggest actual property tasks in Massachusetts’s historical past.

The redevelopment of Suffolk Downs will finally ship over 10 million sq. ft of residential growth (roughly 10,000 items) which would be the largest single supply of housing in Larger Boston’s historical past. These residential buildings will embody a mixture of residences, condominiums, senior housing and inexpensive housing. 

“Nationwide is proud to associate with the HYM Funding Group and Cathexis on Amaya as we proceed to develop our residential portfolio all through the Larger Boston area,” said Jeff Kanne, president and CEO of Nationwide Actual Property Advisors, in a launch. “Ullico’s monetary dedication to Amaya is a essential step for this transformative redevelopment mission and permits us to proceed working in direction of producing good returns, creating good jobs and delivering high-quality actual property tasks for our buyers throughout the nation.”



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Massachusetts

Massachusetts-based marine scientists attach camera to great white for intriguing 'shark's-eye view'

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Massachusetts-based marine scientists attach camera to great white for intriguing 'shark's-eye view'


Cape Cod, Massachusetts-based marine scientists successfully attached a camera tag to a great white shark in waters off the southeastern portion of the U.S. for just the second time.

Atlantic White Shark Conservancy (AWSC) scientist Megan Winton and charter boat Capt. Chip Michalove of Outcast Sportfishing were both working off the coast of South Carolina, when they caught a 9-foot female white shark and attached a camera tag to her dorsal fin. The duo also attached a GPS tag onto the fin, which will transmit the shark’s location in real time for about a year, whenever it breaks the surface of the water.

AWSC said in a press release that it recently updated its “White Shark Catalog” for 2024, which is available for the public to view and includes “the most comprehensive source of photos and information on individual white sharks that have been identified along the Atlantic Coast.”

The organization has been able to grow its catalog to contain over 700 white sharks all documented along the northwestern portion of the Atlantic Ocean.

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FLORIDA VACATIONERS BEWARE! GREAT WHITE SHARK NAMED ‘PENNY’ CIRCLING WARM WATERS

The most recent shark to be tagged with a camera and GPS locator will eventually be available for tracking on the organization’s app, Sharktivity.

The camera clamped onto the shark will give researchers a “shark’s-eye” view while also recording data on the shark’s environment and movements with the help of sensors, 10 times per second.

The device will completely detach itself from the shark after about a day, before resurfacing and transmitting its location for researchers to retrieve the camera.

CARCASS OF PREGNANT GREAT WHITE SHARK WASHES UP ON FLORIDA BEACH 

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Scientists have successfully attached a camera to a great white shark for just the second time. (iStock)

Researchers plan to use the data to learn why white sharks return to the waters off the Carolinas during the winter and spring months.

“We know from historical records and tagging data collected over the past 15 years that the southeast U.S. is an important overwintering habitat for white sharks,” Winton said. “But we don’t know that much about how they use the area exactly, or what it is they’re doing when they’re there.”

Michalove named the shark he and Winton tagged, Jason Flack, in honor of a Hilton Head, South Carolina, local who died in a hit-and-run crash in February.

3 GREAT WHITE SHARKS PING NEAR GEORGIA, SOUTH CAROLINA COASTS: ‘IT’S MOVING DAYS’

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Scientists have successfully attached a camera to a great white shark off the coast of South Carolina. (iStock)

The duo also worked together and tagged the great white shark known as LeeBeth, which gained international attention after she was tracked the furthest west in the Gulf of Mexico than any previously tracked white shark.

AWSC did not immediately respond to Fox News Digital’s request for comment on the latest shark to be tagged.

Still, being able to capture a great white shark and place research technology on it is something the charter captain never thought he would be able to do, all in the name of science.

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“I never thought I’d be holding the dorsal fin of a great white shark and applying this type of technology,” Michalove said. “I’ve been intrigued with these sharks my whole life, and what we’ve learned from their paths has been fascinating.”

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Work Begins On Several Wakefield Roads This Week

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Work Begins On Several Wakefield Roads This Week


April 22, 2024 – 4:19pm

Road construction will begin this week on Fairlane Road, Jennifer Road, and Longbow Road. Throughout the project, traffic detours may be necessary. Please keep this in mind if your commute brings you through the area.

Access to homes and businesses will be maintained to the maximum extent possible, however, residents may wish to allot more time to enter/exit their neighborhood when work is ongoing. Curbside trash and recycling should continue to be placed outside by 6 a.m. on typical collection days.

Learn more about paving and improvements on Fairlane Road, Jennifer Road, and Longbow Road. You can also view other Public Works projects in the pipeline as a webpage or on the interactive map).

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This press release was produced by the Town of Wakefield.The views expressed here are the author’s own.



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Massachusetts

Howie Carr: Let’s toll all smug liberals

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Howie Carr: Let’s toll all smug liberals


I want taxes on all the smug liberals who come to Massachusetts to take over politics, wrecking the state and generally treating the indigenous peoples – that would be you and me – like we’re low-life, second-class citizens.

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