Menkiti Group's first Worcester project aiming for April ope

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 endeavors in Cambridge, including the Grolier Poetry Book Shop in Harvard Square, which he bought in 2006.

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