news & press

$100 million-plus project will create 210 units of low-income housing, many for the formerly homeless.

Cambridge-based PCA has completed Arthaus, an art-focused residential development in the heart of Boston’s Allston neighborhood. According to PCA principal Dave Snell, Arthaus was fully leased prior to completion.

Bruce A. Percelay is chairman and founder of Mount Vernon Company, a real estate investment and development firm known for improving communities and investing in sustainable, award-winning design. PCA and Mount Vernon Company have worked together on mixed use, residential and hospitality projects totaling more than 750,000 square feet over the past decade. The latest collaboration is Arthaus, a five-story residence with 74 apartments and a separate four-story building with nine condominiums.

Bruce A. Percelay has been presented with the 2020 Jack Connors, Jr. Award for Excellence in Philanthropy. The award, named in honor of Mass General Brigham Chair Emeritus Jack Connors, is given each year to two honorees for their contributions to Mass General Brigham hospitals.

City leaders and the development community should work together to stimulate the production of affordable housing.

Just 13 months after opening its doors to a brand new $89 million facility, Nantucket Cottage Hospital closed its main entrance at the Percelay Pavilion to limit unmonitored access during the COVID-19 pandemic and to launch one of the first drive-through COVID-19 testing sites in the state. To celebrate the reopening hospital staff enjoyed ice cream served by hospital President and CEO, Gary Shaw, and Bruce Percelay, major hospital supporter and head of the hospital’s capital campaign.

Food lockers and pods are making apartment lobbies feel more like the office break room.

The City of Boston is pleased to announce that partnerships with the Mount Vernon Company and TLee Development have resulted in the acquisition and preservation of 54 units of naturally occurring affordable housing through the Acquisition Opportunity Program (AOP).