One of the most prestigious award ceremonies for new developments in The Americas, The Urban Land Institute’s Awards for Excellence, has just announced this years finalists, and Boston didn’t make the cut. This competition is one of the most prestigious in the land-use industry, and the eleven finalists were selected from a pool of 170 applicants. Boston, however, will be holding the official award ceremony for the winners of the competition during ULI’s Real Estate Summit at the Spring Council Forum.
The competition focuses on a multitude of criteria, but aims its focus on the full development process of a project, which includes leadership, contribution to the community, innovations, public/private partnership, environmental protection and enhancement, response to societal needs, and financial viability. Eleven finalists have been selected for this year from cities like New York (NY,) Burnaby (British Columbia,) Vancouver (British Columbia,) Scottsdale (AZ,) Kansas City (MO,) Little Rock (AR,) Milpitas (CA,) Pittsburgh (PA,) Philadelphia (PA,) San Francisco (CA,) and Baltimore (MD.)
Although Massachusetts had no finalists this year, we’ve won a spot amongst the top dogs in ’09 and ’08.
Last year, Massachusetts made the cut with the new development in Edgartown, a popular town in Martha’s Vineyard, called Morgan Woods, an apartment-home community developed by The Community Builders. Aside from its classic New England coastal feel and elegant yet simplistic charm, Morgan Woods was chosen for its unprecedented example of a community-driven affordable housing project.
In 2008, the mixed use development, Atelier 505, in Boston’s South End was a winner of the Excellence Award. The development was chosen for its seemless integration into the community of the South End, with its 103 luxury condominiums, bountiful ground-floor retail, and performing arts facility. Complementing the Cyclorama theater across the street, Atelier 505 established a truly integrated “arts block” in Boston’s South End.
For the full list and descriptions of this years finalists, click here.
For a link to CondoDomain’s Atelier 505 listing, CLICK HERE, and remember, we can save you thousands with our unique business model that REFUNDS YOU with a portion of the commission.