Recent Projects
New University Housing
In 2021, Hampton Properties collaborated with WPI to address the growing demand for off-campus housing by transforming nine historic Elm Park mansions into student residences thereby creating the new WPI South Village. The residence halls provide 246 additional beds including single, double, and triple rooms, shared lounges and kitchens setting a new bar for dormitory living.
Hampton worked closely with Worcester’s historic preservation authorities to ensure these magnificent properties were upgraded to meet modern functional standards while preserving their historical integrity. Comprehensive restorations included new kitchens, windows, roofing, bathrooms, lighting, and flooring, as well as full-scale updates to electrical, mechanical, and structural systems.
Goddard House
In 2023, Hampton Properties purchased Goddard House Senior Living House and Homestead Hall Nursing Home.
Goddard House is looking to expand its operations and has purchased a 24-acre site on Grove Street in Worcester for $4.75 million, where it plans to construct a new senior living campus with 158 new units in the next three years. To ensure uninterrupted operations and stability for current residents and employees, Hampton Properties entered into a lease agreement with Goddard Homestead, Inc.
Goddard Homestead, Inc. will continue to operate through the lease agreement as they pursue needed investment for the communities’ building and grounds. Hampton Properties is excited to own the historic properties in Webster Square while simultaneously helping Goddard Homestead in their mission to provide practical senior living solutions for the people of Worcester.
“Hampton Properties’ mission is to improve quality of life by revitalizing historic properties, and we care deeply about the people of Worcester. We plan to quickly address some much-needed structural repairs for the residents, such as fixing the roof to ensure they can live comfortably while Goddard Homestead proceeds with the development of their new community.
Becker College Acquisition
After Becker College closed in the fall of 2021, the city of Worcester and Hampton Properties bought the properties that made up the small liberal arts school. Becker sold most of its Worcester campus to Hampton Properties, returning over $15 million in assessed property value to Worcester’s tax rolls, as the properties are now no longer subject to nonprofit tax exemptions.
In total, Hampton acquired 27 parcels from the shuttered school that included 24 buildings and three parking lots. Included in the acquisition were dormitories,
health facilities, and offices.
“It’s
still such an attractive neighborhood, it doesn’t have to be rebuilt — it has
to be repositioned” – Russ Haims
Over two years, Hampton
collaborated with multiple contractors to convert former commercial spaces into
single-family homes, apartments, and new student housing, thereby securing Elm
Park’s future as a vibrant neighborhood destination.