Sale Completed on 95 Maple St. Isaac Blair Shores 25 Isabella Street

95 Maple St. rendering Stoneham, MA – Calare Properties has completed the sale of 95 Maple St. in Stoneham, a 5.63-acre site primed for multi-family development. The site, which currently includes a 23,000sf warehouse/ office building, a 2,280sf garage, and approximately 428 parking spaces, sold to a national apartment developer for an undisclosed amount.

“When Calare purchased 95 Maple three years ago, we recognized the incredible opportunity available at this site, which offers a highly desirable location for a range of users and optionality for future development,” said Tim Collis, VP of acquisitions at Calare. “Through our re-permitting efforts at the property and subsequent sale, we’re pleased to see our vision for 95 Maple come to fruition, creating an opportunity to support this dynamic community and its housing needs for years to come.”

Calare purchased 95 Maple in May 2020 fully leased to Beth Israel Lahey Health, which was using the site to support its storage and overflow parking needs at the nearby Winchester Hospital. In addition to providing attentive management to the property as an industrial facility, Calare also focused on strategic alternative uses for the site given its location, access, and size. The town desired additional housing units and the Calare team collaborated with local officials to update the existing zoning overlay within the industrial district to allow for the development of multi-family housing.

Proposed development plans for the site have been approved by Stoneham’s Planning Board Zoning Board of Appeals. The site currently allows for an approximately 65-foot-tall property with a unit mix including 15 studios, 141 onebedrooms, 89 two-bedroom units, and 25 three-bedroom apartments.

The property sits within an active area of Stoneham home to medical, office, multi-family, and retail properties, and is located nine miles north of Boston with direct access to I-93.

Boston – Our Lady of Victories Church in Boston’s Bay Village is a 19th century Roman Catholic church that is being converted into a 26-unit condo building made up of one-, two- and three-bedroom units by real estate developer Kems Corp. The Marr Companies announced that Isaac Blair has been contracted to shore the full exterior of the 16,836sf existing building to allow for the removal of the floors and roof while demolition and reconstruction of the interior space takes place.

Isaac Blair shored the four exterior walls of historic Our Ladies of Victories Church to allow for demolition work and a complete reconstruction of the interior space. demolition work. Over 200 deadmen, concrete blocks, were placed around the perimeter of the building to act as anchorage for the shoring; the shoring was then built on the deadmen up to the roof line and tied into the wall. Due to the height at which shoring had to be installed – up to 65 feet in some areas – the crew utilized a Marr Lull to lift materials. However, the tight footprint of the site left little room to maneuver so the crew had to carefully plan the stockpiling of materials and sequence the installation.

To temporarily secure the church, Isaac Blair shored the four exterior walls to provide lateral support during the

As construction continues, the shoring is expected to remain in place for approximately one year.