Natick development

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There was no natick thread to post this in so figured Id make one.

1 south main st

"NATICK — As the pandemic highlighted local demand for outdoor dining, developer Stuart Rothman took note.
The plans were nearly finished for his project at 1 South Main St., where a 2019 fire destroyed an entire downtown block of businesses. But Rothman had a few last-minute additions.
Most notably: Enclosing a rooftop deck to create a four-season dining space, described as a market-style area where families can congregate for meals and community events..."
https://amp.metrowestdailynews.com/amp/6463600001

 

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“NATICK — Seven years in the making, a mixed-use development at the former St. Patrick’s Parish may finally be approaching the finish line as Natick’s Zoning Board of Appealsnears a decision on the project’s permit…”

https://www.metrowestdailynews.com/...velopment-nears-zoning-board-vote/9644146002/

 

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Stonegate and Nauset Break Ground for Natick Mixed-Use Development




“Natick, MA –Stonegate Group and Nauset Construction recently broke ground on the long-awaited Stonegate St. Patrick Redevelopment, a mixed-use project at the site of the former St. Patrick’s School that will deliver 46 apartments with 14,000 square feet of ground-floor restaurant and retail space with four additional two-family townhomes.
Located at 45 E. Central St., within walking distance of the Natick Center Cultural District, the project is being developed by the Natick-based Stonegate Group. The Zoning Board of Appeals unanimously approved the project last year after being stalled by the pandemic.”

https://bostonrealestatetimes.com/s...reak-ground-for-natick-mixed-use-development/

 

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Accelerator Biotechnology Incubator receives $13.6 million in financing from Rockland Trust​

January 12, 2024 - Financial Digest

“Natick, MA Accelerator Biotechnology Incubator (ABI) Labs secured $13.6 million in financing from Rockland Trust for a strategic expansion which will provide additional state-of-the-art lab space and resources research to partnering businesses. ABI-Labs supports startup businesses ranging from life sciences to biotech by offering access to best-in-class equipment and services enabling new entrepreneurs access to facilities that will help grow and develop their businesses.

“ABI is excited to expand on our campus with the addition of ABI-LAB 3 and continue our mission to create an innovative community for small to mid-sized emerging life science companies. Our goal is to shorten the process of early stage and newer expanding companies by removing operational and financial obstacles. We are grateful to continue working with Rockland Trust on our next project,” said Gary Kaufman, COO at ABI Labs.

“Rockland Trust proudly supports ABI-Labs’ mission to foster collaborative and innovative environments for the next generation of entrepreneurs,” said Charles Cope, senior vice president of commercial banking at Rockland Trust. “I’m grateful for the relationship we have built with Gary and the team at ABI-Labs. This expansion provides a thoughtful solution which will empower more entrepreneurs to conduct meaningful research locally.”

The proceeds from the financing will be used to raze an existing motel (currently on property) and build a new two-story, 34,831 s/f research lab building with a laboratory fit-up on the first and second floors. This building is at 1350 Worcester St. The shared office amenities include conference rooms with AV equipment, lounge, break rooms, shared printers, huddle rooms and a staffed reception area. The expansion is expected to be completed by November 1, 2024.”

https://nerej.com/abi-labs-receives-13-6-million-in-financing-from-rockland-trust