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Andrew Gallinaro named Partner

Andrew Gallinaro has been promoted to Partner, Director of Asset Management.  Andrew joined National Development in 2010 as part of its acquisitions team and, in 2016, became Senior Vice President, Director of Asset and Property Management.  Managing a team of nearly 100 employees overseeing over 9 million square feet of assets and 2,400 apartment units, Andrew has been a key contributor to the firm’s continued growth.  As a partner, Andrew will continue in his current roles and will join National Development’s Executive Committee.  Before joining National Development, Andrew worked in the Real Estate Private Equity Group at BlackRock.

Avenu, a new Active Adult Community, featured in MetroWest Daily News

By Henry Schwan
Updated May 20, 2018 at 10:01 AM

Avenu at Natick is coming to the bustling Golden Triangle.

NATICK – It’s hard not to notice it when driving on Speen Street across from the Natick
Collection Mall. A new building is slowly making its way skyward in the spot where Sam’s Club once stood.
Avenu at Natick is coming, and when it’s done, it will include an apartment building for
residents 62 and older, and a hotel.  Newton-based National Development is developing the 9-acre parcel.
The potential for increased traffic is tied to the project. It will also have an impact on Natick’s
supply of affordable housing. “It’s a nice, little oasis,” Ted Tye said.
Tye is a managing partner at National Development. He said the 164-unit apartment building
should be finished next summer, and a 135-room Marriott Residence Inn a few months later.
A project of this scope is nothing new for National Development. It recently opened a similar
one in Chestnut Hill that replaced the Circle Cinemas.

Avenu at Natick joins an already bustling commercial, retail and residential scene known as the
“Golden Triangle.”
That’s a popular term for the busy district in Natick and Framingham that falls between Rte. 9,
Rte. 30, Speen Street and the Mass. Turnpike.
Besides Natick Collection, other properties within a stone’s throw of Avenu at Natick include
the Avalon apartment towers, Cloverleaf Apartments, Courtyard by Marriott, Hampton Inn,
Cloverleaf Mall and the MathWorks expansion. Joshua Katzen, owner of Cloverleaf
Apartments, needs permits from the Natick Zoning Board of Appeals before he can build a
second apartment tower next to Cloverleaf.
Tye said his company met with the Natick Planning Board before getting permits to build
Avenu at Natick, and he didn’t hear a lot of concern about traffic.
″(Avenu at Natick) represents relatively low traffic use compared to what was there before,”
Tye said. “In peak hours, (Avenu at Natick) will not contribute a lot (of traffic).”
Of the 164 apartment units at Avenu at Natick, 10 percent, or 17 units, will be affordable,
according to Tye. Those who meet income-eligibility requirements can fill out an application,
and will be chosen by lottery. Tye said there is no local preference for Natick residents, but he
expects a significant number to apply for the 17 units, especially those downsizing from singlefamily

Roads around Avenu at Natick are a mix of town- and the state-owned. According to the state
Department of Transportation, the main entrance to Avenu at Natick on Superior Drive is
owned by the town. The state owns Rte. 9, its access ramps and parts of Speen Street. A DOT
spokeswoman said the state owns Speen Street between Natick Mall Road and Hartford
Jamie Errickson, Natick’s director of Economic and Community Development, said there’s not
much the town can do about state roads.
In an email to the Daily News, a state transportation official said Superior Drive will be paved
and pedestrian crosswalk flashers will be installed. The new sidewalk will become a multi-use
path for walking and biking. The path will connect the area near Natick Collection with the
Cochituate Rail Trail.
Tye said his company contributed 10 percent of the $60,000 cost to design a path along
Superior Drive to the MathWorks expansion. It was a condition for getting the permits to
build Avenu at Natick.
Traffic around Avenu at Natick can be a challenge, Errickson said, but Natick and Framingham
are working together to figure out ways to improve traffic flow from the Speen Street-Rte. 30
intersection to Exit 13 on the Mass. Pike. He called the area a bottleneck.
One Natick resident believes the town must be careful about how it manages traffic in the
Golden Triangle.
″(Traffic) is a multi-dimensional challenge,” Alan Grady said.
Grady is a founder of the West Natick Neighborhood Association. He lumped traffic in the
Golden Triangle into several categories – pedestrian, commuter, residential, retail and
Understanding each category, and how they fit together, must be understood, Grady said,
before Natick allows more development in the busy Golden Triangle.

Avenu at Natick’s 17 affordable units are available to those making up to 80 percent of the area
median income (AMI). According to the U.S. Department of Housing and Urban
Development, the 2016 area median income in Middlesex County was $98,100.
State law says all Massachusetts communities must have 10 percent of their housing stock
classified as affordable. If not, a developer could bypass certain local zoning regulations and
build a project larger than a community wants.
Natick’s affordable housing stock stands at 10.4 percent, Errickson said, but the town runs the
risk of not reaching the 10 percent threshold when the next U.S. Census is taken in 2020.
Errickson believes Natick faces a problem shared by many local communities. Families making
over 80 percent of the AMI, but less than 120 percent to 140 percent, have a hard time finding
affordable housing when it’s time to downsize from a single-family home.
As long as the economy is strong and property values continue to rise, Errickson said the
shortage of affordable housing for this middle-income bracket will continue.
Errickson said projects like Avenu at Natick, Avalon and Cloverleaf Apartments don’t solve
Natick’s affordable housing problem.

Tye said Avenu at Natick fills a housing need for those not only looking to downsize from
their single-family homes, but also desire a stimulating environment.
“A lot of (Natick) people fit into this demographic range,” Tye said. “They love the site. It’s
located near retail, and it’s a walkable area.”
Tye said there’s a lot of local enthusiasm for Avenu at Natick.
The 62+ apartments include 12,000 square feet of amenities. There’s a 16,000-square-foot,
landscaped courtyard. Other features include a pool, cabana, lounge and recreation area. A
private dining room, theater, spa, fitness center and yoga rooms round out the amenities.
The 9-acre grounds will include green space, a walking path around the perimeter, and
gardening area.
“It’s nice to go into town and see enthusiasm (for Avenu at Natick),” Tye said. “There’s no
opposition. (Avenu at Natick) will provide a good service to the community.”
Follow Henry Schwan on Twitter @henrymetrowest. He can be reached at or
(508) 626-3964.

National Development breaks ground on Emery Flats in Woburn

National Development, in conjunction with its investment management affiliate Charles River Realty Investors, has broken ground on Emery Flats, a new 200-unit residential community at 200 Presidential Way in Woburn, MA. The multi-family development will consist of studios, 1, 2 and 3 bedroom apartments in two buildings.

Amenities include a fitness center, roof top lounge, game space, co-working area, clubroom with full kitchen, and pool with a deck, outdoor grilling stations and a fire pit. The pet-friendly apartments will come with washer/dryers and individual heating/cooling controls. The site includes covered and surface parking spaces. Robust resident programming will reinforce the strong sense of community engagement prevalent in all National Development Communities.

Conveniently located with easy access to I-93 and MBTA Commuter Rail, and in the heart of a significant employment base, Emery Flats will bring long-awaited new apartment units to the MetroNorth area. Designed by Cube3 Studio and built by general contractor Cranshaw Construction, the project opening is planned for February 2019. The architecture will be clean and contemporary, with many units having balconies and wooded views.

National Development worked in close cooperation with the City of Woburn on the permitting and creative vision for Emery Flats, which completes a mixed-use master plan for the MetroNorth development including office, retail, hotel and residential space.


National Development Announces Plans for Boston’s First Co-living Community at Ink Block

National Development announced on November 17th, 2018, the seventh and final building at Ink Block in Boston’s South End. A letter of intent for the project has been filed with the Boston Planning and Development Authority. The proposed building, to be known as 7INK by Ollie, will be a 14 story iconic tower on Ink Block’s final building site at the corner of Herald and Albany Streets.

National Development has enlisted Ollie, the country’s leading co-living and micro-housing specialist, to assist in the development and operation of 7INK by Ollie’s 245 shared suites and micro-studios. Elkus Manfredi is the project architect.

7INK by Ollie is Boston’s first major co-living development. Blending modern day principles of communal living with micro-housing, co-living is an emerging trend that enriches the living experience through community engagement, allowing residents to cultivate meaningful relationships and experiences with neighbors and roommates. Hailed as an innovative market response to the high cost of living and the rise of non-traditional family households, co-living communities are experiencing rapid growth across the country.

“7INK by Ollie and the co-living program is the logical evolution of our innovative Ink Block brand,” stated Ted Tye, Managing Partner of National Development. “The built-in infrastructure of Whole Foods Market, our restaurant and fitness retailers, the soon to open AC Hotel by Marriott, and our new Underground at Ink Block art park make this a perfect location for co-living.”

Ollie Co-founder and CEO, Chris Bledsoe, commented, “We couldn’t be more excited to introduce co-living to Boston in partnership with National Development, one of Boston’s most innovative and progressive real estate companies. Ink Block has led the transformation of the South End into a premier live, work, play area.” We have been looking for the right location to bring co-living to Boston and Ink Block is it.” Ollie currently operates in New York and Pittsburgh, has several projects under development and is opening what will be the largest co-living community in the US in Long Island City in 2018.

Ink Block has been hailed as a “game changer” in Boston real estate. Once the location of the Boston Herald newspaper, the six-acre Ink Block site is now home to apartments, condominiums, a hotel, one of the country’s highest volume Whole Foods Markets, acclaimed restaurants, retailers and fitness studios. It has been the stimulus for other major developments in the now thriving former industrial area of the city known as the New York Streets.

National Development anticipates starting the project in late 2018. Planners have long envisioned a major building at the prominent corner location. “7INK by Ollie will complete the block design and make Ink Block more livable and walkable,” said Tye. “We envision this site as having very little dependence on cars and encouraging public transit and alternate transit modes.”

A phonetic wordplay on “all inclusive,” Ollie eliminates wasted space through its disruptive design philosophies, densifying units and providing residents with a curated living experience anchored by a core set of values: Inclusion, Discovery, Wellness and Sustainability, including a full range of services, unique community engagements and extraordinary shared amenity spaces. All units are furnished with transforming furniture and receive complimentary weekly cleaning with fresh linens and towels and a replenishment of bath amenities. The all-inclusive experience also provides residents with Wi-Fi, cable TV, a regular calendar of curated social activities, and access to all Ollie locations nationwide.

About Ollie Ollie is the leading micro-housing and coliving platform. In partnership with institutional real estate investors and developers, Ollie revolutionizes the living experience for urban renters through “all-inclusive coliving” that combines thoughtfully appointed furnished micro-studios and shared suites with extraordinary lifestyle-relevant services, abundant amenities, and unique community engagement activities. For more information, visit

About National Development

For over 30 years, National Development has been one of the most active real estate development firms in Massachusetts. Specializing in multi-family, commercial office, mixed-use, retail, industrial, hotel and senior housing projects, National Development and its affiliates have developed over 28 million square feet of space. National Development is also one of the region’s largest property management companies and currently manages over 9 million square feet of commercial space and 2,400 residential units. For more information, visit or follow @nationaldevelop.



Contacts:          Kathy McMahon, National Development,, 617-559-5086                        Meghan Davey, Ollie,, 646-518-2433


National Development and Charles River Realty Investors honored by United Way of Mass Bay

At the 26th annual Real Estate Leadership Breakfast on November 2nd, The United Way of Massachusetts Bay and Merrimack Valley honored National Development and Charles River Realty Investors with their annual Norman B. Leventhal / Edwin N. Sidman Real Estate and Building Industry Leadership Award. The award is a tribute to a firm’s professional and philanthropic impact on the Greater Boston community. The award was presented to National Development/Charles River by David Manfredi of Elkus Manfredi Architects. Watch the ND Community video here

Constitution Center rebrands, repositions and lands major tenant

National Development is pleased to announce that the former Constitution Center will undergo a $20 million renovation to create a best-in-class creative workplace in a unique waterfront environment. The project, which has been renamed Constitution Wharf, is an 8-acre office property located in Charlestown directly on the Boston Harbor and situated across the North Washington Bridge from North Station.

Constitution Wharf will completely reimagine the waterfront office environment to highlight the building’s location on a pier directly next to the birth of the USS Constitution. The property enjoys excellent connectivity to downtown and the surrounding area via a 10 minute walk to North Station and easy vehicle access to I-93, I-90 and Route 1. National Development will begin construction in May 2017 on a new double height lobby, entryway, lounge, café and fitness area dedicated to the building. Landscape improvements will create an outdoor harbor side “living room” complete with a fire pit and media screen, and ample event space available for tenants to share and comingle. The repositioning will also include workspace improvements, covered bike storage, new signage and a public art component. Constitution Wharf will offer a rare opportunity for companies to have a high performance work environment in an urban waterfront setting with spectacular views of the Boston skyline and Boston Harbor.

In a testament to this new vision, (formerly ShoeBuy), a leading e-commerce company recently acquired by, has signed a long-term lease for 31,300 square feet with National Development at Constitution Wharf. The company’s headquarters will relocate to this new cutting edge location from Boston’s Financial District. Newmark Knight Frank (NKF) Executive Managing Director David Townsend and Senior Managing Director Tim Bianchi advised National Development in the transaction. John Butterworth and Nick Amarante of CBRE/New England represented in the lease negotiations. Perkins & Will is providing the architectural services for the renovation.

“It’s a privilege to work with National Development on Constitution Wharf, and we credit the team for their hard work and vision for this project which attracted an exciting company like,” said Townsend. “The property’s fantastic location along with its modern amenities will make Constitution Wharf a great place to build culture and to recruit the best talent.”

Constitution Wharf is a 180,000-square-foot office complex located on the waterfront adjacent to Constitution Marina. The project is within walking distance to several public transportation options, as well as a myriad of restaurants, coffee shops and nightlife. Constitution Wharf has ample on-site parking and also offers a dedicated shuttle service, on-site zip cars and a nearby Hubway station to further enhance commuter’s options. is relocating its headquarters from 101 Arch Street in Boston’s Financial District to the second floor of One Constitution Wharf due to the company’s rapid growth and desire for unique workspace. National Development will be renovating the space to provide a customized open workspace designed to meet needs. will take occupancy of its new headquarters in late summer 2017.

“We’re incredibly excited about the opportunity to grow our business and to foster an energetic company culture for at Constitution Wharf,” said John Foristall, EVP & CFO of “The property’s redevelopment was very attractive to us and met our strict criteria to move our growing headquarters to a premiere and unique location. The custom open workspace on the waterfront will allow us to continue to modernize and transform how people shop for shoes and to attract top talent.”

Ribbon Cutting for Building 700 at The District Burlington

The District Burlington is transforming a 9-to-5 1970s office park into a 24/7 walkable mixed-use neighborhood. The District Burlington’s centerpiece, the 11-story, 200,000 square foot Building 700 prominently visible from nearby Route 128, has been thoroughly renovated. An 80,000 square foot, four-story glass-curtained addition has been built with floor-to-ceiling windows, an open floor plan and a private roof deck.

Existing office buildings at The District Burlington are being upgraded with new lobbies, entries and plazas. A new 170-room Marriott Residence Inn hotel and six new retail spaces are being constructed at The District Burlington. Tavern in the Square, TD Bank, Tuscan Kitchen, Island Creek Oyster Bar and Pressed Cafe are all open now, providing The District’s over 3000 tenants as well as visitors from all over Metro Boston many great eating and drinking venues. The District Burlington’s main artery, District Avenue, has been transformed into a pedestrian artery featuring widened sidewalks, bike sharing stations, lush landscapes and outdoor seating. New pocket parks and nature trails now line District Avenue.

Workspaces are currently available at The District Burlington ranging from 1,000 to 200,000 square feet. There is also opportunity to construct an approximately 180,000 square foot build-to-suit office building at The District Burlington. Visit for more information about office and retail leasing opportunities at The District Burlington.

Sudbury Town Meeting’s zoning change makes way for retail, housing development

By Brittney McNamara
MetroWest Daily News, Framingham

Posted Jun. 13, 2016 at 10:36 PM

SUDBURY – Voters passed a special zoning district for the former Raytheon land, bringing the town’s vision of a more bustling Rte. 20 corridor closer to reality.

Special Town Meeting on Monday night approved a zoning overlay district that will make possible National Development and Avalon Bay’s proposed Meadow Walk project at 526 and 528 Boston Post Road. The move, town officials said at the meeting, is the product of a decades-long discussion to bring more business and vibrancy to Rte. 20.

The zoning overlay district allows commercial development only on the 50 acres of former Raytheon land, meaning National Development’s proposed restaurant, retail and age-restricted housing at Meadow Walk can go forward.

Plans call for 60 age-restricted condominiums, 54 beds for memory-care patients, restaurants, shops like nail salons, a Whole Foods and 250 apartments. Those apartments must still be approved by the Zoning Board of Appeals and were unaffected by Monday night’s vote.

All together, the town expects the project to bring in around $800,000 in net tax revenue, but the changes come with costs. Planning Board member Dan Carty said the town’s education costs could rise $600,000 to $1.1 million because of the projected 65 students who will live in the development. To help lessen the project’s impact, the developers offered $2.5 million in one-time payments for various town departments as part of a town-signed agreement, a new traffic light to help with traffic near the Shaw’s plaza, money for a new fire station and other incentives.

In addition to the immediate impacts, the agreement allows Town Meeting to extend the overlay district to certain other parcels in town that would allow landowners to bring in more commercial development. The overlay agreement hinges, however, on a Town Meeting vote, giving residents general control over what comes into town, officials said.

“This is a plan that has long been in development,” Selectmen Chairwoman Susan Iuliano said. “The Planning Board has been working on some aspects of this plan going back to the 1990s. We’re here tonight because the Raytheon company is leaving Sudbury. Raytheon asked the town what its preferences were. The development plan before you tonight is a careful…response.”

Residents questioned the impact of the development on traffic, town water and the environment, but the project faced little opposition as a whole. One resident, however, questioned whether the development will benefit existing residents, or only change the town’s character to fulfill a years-long dream.

Town Meeting voted overwhelmingly to approve the overlay district, accept the Meadow Walk master plan and accept land for a new fire station from developers. Town Meeting had not voted on articles 4, 5 and 6 by the Daily News’ print deadline.

Developer sees next step in growth in South End

The Ink Block building at the corner of Harrison Avenue and Herald Street.

By Tim Logan Globe Staff March 06, 2016
Photo by Lane Turner/Globe Staff

First came the Whole Foods. Then some 400 apartments and condos.

Now it’s time to fill out the neighborhood.

National Development is taking the next step to remake a scruffy corner of the South End into one of the city’s prime new residential districts, announcing that it has a number of stores and restaurants that will soon move into its Ink Block development on Harrison Avenue.

“Not so long ago, nobody wanted to walk down Harrison,” said Ted Tye, National Development managing partner. “We’re trying to create energy.”

This same challenge is emerging in several sections of Boston — including the Seaport District and the far end of Allston — that are experiencing a rush of development. Typically housing or office space is the first to be built, with stores, restaurants, and other retailers following. While apartments in many of these places are renting fast, filling the storefronts on the street requires a delicate balance and takes a little longer.

At Ink Block, for example, Tye said his company wanted a mix of retailers that meet the needs of hundreds of new residents, while also giving outsiders a reason to visit.

“A neighborhood isn’t just residential. It’s residential and retail,” Tye said. “Very quickly, we want people to think about Harrison the way they think about Tremont Street.”

The first retail to open at Ink Block, a Whole Foods Market, certainly helped, said Gustavo Quiroga, director of place-making at retail consulting firm Graffito SP, which has done similar retail makeovers in the Boston area but not at Ink Block. Another big boost, Quiroga said, will come this spring when the popular outdoor South End Open Markets relocates across Harrison Avenue from Ink Block.

“It’s almost the definition of place-making,” he said. “That’s a great strategy for them to help bring new people to that part of the neighborhood, to put it on their map of the city.”

Next will come a strip of restaurants on Harrison Avenue. They include salad chain Sweetgreen; an outpost of Asian-fusion group Fuji; Bar Mezzana, a white-tablecloth Italian restaurant being launched by alumni of Barbara Lynch’s restaurant group; and a cocktail bar from Dropkick Murphys guitarist Ken Casey. Rounding out the block are a yoga studio and a Turnstyle Cycle studio, and a bank/coffee shop from Capital One with Peet’s Coffee.

All of them, per their deal with Ink Block, will have outdoor seating on a well-lit, extra-wide sidewalk out front. Most will have extended hours.

The neighborhood around Ink Block is fast transforming. Across Harrison Avenue, development firm UDR has begun work on a 577-unit apartment complex with street-level retail. Down the street, Related Beal is planning to turn the former Quinzani’s Bakery into housing with ground floor retail as well. A new office building is in the works on that stretch of Harrison, too, with significant upgrades planned at street level.

Tying all that together to create an interesting mix of businesses will require careful planning, Quiroga said. It will also require designing spaces, for example, that don’t all feel — and cost — the same. Quiroga added that a little imagination never hurts. His firm is working with Harvard University on a stretch of Western Avenue in Allston, where it has commissioned murals and hosted pop-up restaurants to help both retailers and their potential customers think about what the place could be.

“Some of this is just experimentation,” he said.

When it’s done, though, the neighborhood will have a bustle and identity of its own — one that will be determined much more by its street life than by the new buildings above.

“You brand your project by your retailers,” Tye said. “That’s what we want to do here.”

A common area with the letters “B’’ and “H’’ pays homage to the site’s old tenant, the Boston Herald.

Tim Logan can be reached at Follow him on Twitter @bytimlogan.

Doug Arsham joins ND as Vice President of Development

Doug will be primarily involved with the day-to-day development oversight of residential assets, from sourcing new opportunities through stabilization. He joins ND from Forest City Development where he also focused on residential development. Doug received a B.A. in Political Science from Tufts University and resides in Cambridge.