125 units slated for Everett's Commercial Triangle Economic Development District

BRIDGEWATER, MA / ACCESS Newswire / November 6, 2025 / Callahan Construction Managers (Callahan), a full-service construction management company headquartered in Bridgewater, Mass. with offices in White Plains, NY, announced today that it has been selected to oversee construction of the 25 Garvey Street apartment community in Everett, a 125-unit affordable development that will create much-needed housing for families in the city's Commercial Triangle Economic Development District (CTEDD).

Callahan has built a deep portfolio of affordable housing communities across the Northeast, from Boston to Yonkers, NY. Its teams utilize comprehensive pre-construction services and self-perform trades to ensure these vital residential developments are built quickly and on-budget. In Everett, Callahan will work closely with The Neighborhood Developers and Impact Residential Development to bring this six-story residential building to life.

Features of this anticipated project include a podium-style 78-car at-grade parking garage, community rooms, an on-site management office, bike storage, package delivery area, a courtyard that will incorporate a children's play space, BBQ and seating areas, and planters for growing vegetables. This is the first affordable family rental community in Everett in over 50 years and will be strategically located next to a proposed Silver Line Extension.

A $34 million state bond and $22 million in low-income housing tax credits were pivotal in the project moving forward. Key partners include the Executive Office of Housing and Livable Communities, MassDevelopment, Community Economic Development Assistance Corporation (CEDAC), the City of Everett, the North Suburban Consortium, MassHousing, Massachusetts Housing Partnership, First Citizens Bank, Eastern Bank, and the National Equity Fund (NEF).

"We are proud of our track record building affordable communities that make it possible for residents across Massachusetts to find a safe, healthy place to call home," said Steve Callahan, Jr., Vice President - Business Development for Callahan Construction. "The team behind this project understands what it takes to create desirable living spaces that amplify the features and assets of a city like Everett, and we look forward to the lasting impact 25 Garvey Street will have on CTEDD residents and neighbors."

For more information on Callahan's affordable housing market expertise, click here.

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About Callahan Construction Managers

Callahan Construction Managers is a full-service construction management company based in Bridgewater, Mass., with a regional office in White Plains, NY. Callahan has served the New England and Northeast regions for over 70 years. As one of the region's largest open shop construction firms, Callahan provides a wide range of preconstruction and construction management services to local, regional, and national clients. Callahan's markets include multi-family residential, senior housing, affordable housing, hospitality, life sciences, corporate office, educational, retail and tenant fit up. Callahan was voted a 2023 "Top Place to Work" by the Boston Globe and a "Best Place to Work" by the Boston Business Journal in 2024 and 2025. Visit www.callahan-inc.com for more information.

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SOURCE: Callahan Construction Managers