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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
What’s new for Worcester in 2021? Revamped Main Street, updates to the Worcester Public Market, and the WooSox
Updated Jan 10, 2021;
The coronavirus pandemic slowed the momentum of the Worcester Renaissance in 2020 but didn’t fully silence it. Last year, the Worcester Public Market opened. Investment continued. Small business debuted in the face of the pandemic like Chashu Ramen and Izakaya, ‘Olo Pizza and K Sense Co.
As doses of the vaccine continue to arrive at Worcester’s two hospitals, hope for an even more prosperous 2021 exists within the city.
“I think 2021, now that we have vaccines coming out, we’re going to start seeing that resurgence and a little bit of juice and a spring in the step [of businesses],” Vice President of Development for the Menkiti Group Mark Rengel said. “I think things will slowly come back.”