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Worcester s rental market is catering to a high-income tenant, which could be bad news for local workers

The Menkiti Group is a real estate developer based primarily in Washington, D.C., but has taken an interest in transforming Worcester s downtown, aligning with the city s goal of creating an 18-hour downtown.

The Menkiti Group Celebrates Grand Opening of Luxury Apartment Building in Worcester, MA

Bones are amazing in renovated downtown Worcester building; 24 apartments set to open

Bones are amazing in renovated downtown Worcester building; 24 apartments set to open
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Menkiti Group s first Worcester project aiming for April opening

Almost six years after the Menkiti family bought its first downtown Worcester property, residents will soon be moving into a new housing site in an old YWCA the family s development firm has renovated. The new development, called Chatham Lofts, brings 24 apartments to a six-story building off Main Street a short walk from the Hanover Theatre, a part of downtown just south of City Hall city officials have prioritized for new development and investment. Chatham Lofts is roughly two-third complete, with plans for an opening to residents around April. Pre-leasing marketing has begun in the past few weeks. The Menkiti Group, a Washington, D.C., property developer, bought the Chatham Street site in April 2015, spending $800,000 on a deal that didn t make big news at the time. Four years ago, Ifeanyi Menkiti, a Wellesley College professor, bought the former Shack s men s clothing store building at Main and Mechanic streets. The idea then was for a cultural center to complement his art e

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