AvalonBay in the City

Bisnow?s First Annual Real Estate Summit on Sept. 27 will feature major national investors, owners, and developers like AvalonBay Communities? Michael Roberts who oversees the REIT's Boston-area development activity. (Register here.)
Two years ago, Mike says, it was a good time for AvalonBay to tie up new development opportunities. (It used a square knot.) In Boston, it started to focus more intently on urban sites. Two weeks ago, it broke ground on the $100M Avalon Exeter at the Pru and started permitting for 45 Stuart St, a 29-story tower in the Theater District. Construction on a 448-unit tower at Assembly Row could start by year end and something is brewing at the waterfront. For Michael?s take on the market click here to join our CRE Summit.

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