Atkins Companies has initiated a multi-million dollar capital improvement venture at the Washington Medical Arts building in Washington Township, NJ. Acquired in 2023, the two-story, 70,140-square-foot Class-A medical office structure will undergo enhancements including repurposing a former fitness center into 33,000 square feet of clinical medical space and creating 7,700 square feet of leasable space.  

“When we purchased the Washington Medical Arts building last year, we recognized its potential to become one of southern New Jersey’s premier healthcare destinations,” said Cory Atkins, principal of Atkins Companies. 

Lease signings and expansions with Rowan University School of Osteopathic Medicine, Weisman Children’s, and Jefferson Health further enhance the building’s services. Upon completion in June 2024, the Washington Medical Arts building will offer over 33,000 square feet of new medical space for lease. 

UMass Lowell is embarking on an ambitious $800 million mixed-use project on its campus, set to begin construction next year, Boston Business Journal reported. The project, which involves a 99-year ground lease of underutilized parts of the east campus to a developer, aims to revitalize the area adjacent to downtown Lowell. 

The development will include professional space for technology companies, housing units for young professionals, and student dorms. UMass Lowell sees this project as a catalyst for improving industry partnerships, enhancing the neighborhood, and retaining graduates in the city. 

The first phase will feature buildings designed to complement the university’s STEM-focused curriculum, while a second phase will include student housing. The project is a partnership between UMass Lowell and developers GMH Communities and Wexford Science & Technology. Construction is expected to be completed in 2027, with the project showcasing Lowell’s potential for large-scale development. 

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