Project 77Construction

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Boston small-multifamily
renovation operations

Project 77Construction
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Boston, MA

Project 77

Construction — Portfolio Overview

Overview

7 projects · $1,750,000.00 under contract · Boston portfolio

Under contract

$1,750,000.00

▲ 31%

3 active projects

Released, last 12m

$178,000.00

▼ 38%

4 draws paid out

Bid activity, last 12m

$4,075,000.00

▼ 50%

9 submitted · $2,077,000.00 open now

Net change orders, last 12m

+$32,000.00

▼ 33%

3 open now

Draw cash flow

Requested vs released, by month

Last 12 months
6m12m
$208k$104k0
Oct
Nov
Dec

Project health

Current snapshot — all-time budget drawn, permits cleared

All projects
  • 78 Woodrow Ave, MattapanContract

Operations

Bids, draws, and permits dated in the last 12 months

Bids

Submitted3Shortlisted2Awarded4

Draws

Requested2Approved2Released4

Permits

Pending draws

Current snapshot — awaiting approval or release

  • Draw 3 — Rough-inRequested
    19 Centre St$85,000.00
  • Draw 2 — MaterialsRequested
    78 Woodrow Ave$30,000.00
  • Draw 2 — FramingApproved
    19 Centre St$90,000.00
  • Draw 1 — DepositApproved
    230 W Broadway$98,000.00
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
RequestedReleased

Portfolio by stage

Current snapshot — contract value where signed, estimate before

$2682ktotal portfolio
  • Scope$85.0k
  • Bid$420k
  • Contract$125k
  • Permitting$980k
  • Build$645k
  • Closeout$427k
Pending draw value$303,000.00
$25,000.00 / $125,000.00
20% drawn0/1 permits approved
  • 230 W Broadway, South BostonPermitting
    $0.00 / $980,000.00
    0% drawn1/3 permits approved
  • 19 Centre St, Jamaica PlainBuild
    $60,000.00 / $645,000.00
    9% drawn2/3 permits approved
  • Top subcontractors

    All-time, by awarded contract value

    • 1Beacon Hill General Contractors$1284k
      3 projects
    • 2Granite Framing Co.$645k
      1 project
    • 3Old Colony Masonry$248k
      1 project
    Not submitted2Submitted2Approved5

    Reminders & alertsPermits are flagged after 30/45 days un-approved, bids after 14/21 days awaiting a decision, and draws after 14/21 days awaiting release — tasks use their own due date. Overdue always shows before due-soon. Each kind shows at most 3 items (8 total) so no single kind — usually tasks, which have no natural limit — can crowd the others out; there may be more than shown.

    Overdue tasks, at-risk permits, stale bids, and overdue draws — worst first

    • Harbor Roofing bidOverdue
      78 Woodrow Ave · 184d awaiting decision
    • Electrical permitOverdue
      230 W Broadway · 171d waiting
    • Gas permitOverdue
      19 Centre St · 164d waiting
    • Draw 2 — MaterialsOverdue
      78 Woodrow Ave · 134d awaiting approval
    • Granite Framing Co. bidOverdue
      112 Blue Hill Ave · 123d awaiting decision
    • Bay State HVAC bidOverdue
      112 Blue Hill Ave · 121d awaiting decision
    • Draw 3 — Rough-inOverdue
      19 Centre St · 115d awaiting approval
    • Building permitOverdue
      78 Woodrow Ave · 62d waiting

    Activity

    Latest events in the last 12 months

    • Project closed out — Demo — 22 Norfolk StJul 19, 2026
    • Contract signed — Demo — 22 Norfolk StJul 17, 2026$178,500.00
    • Draw 3 — Rough-in requested — 19 Centre StMay 20, 2026$85,000.00
    • Bay State HVAC bid on 112 Blue Hill AveMay 14, 2026$440,000.00
    • Granite Framing Co. bid on 112 Blue Hill AveMay 12, 2026$435,000.00
    • Beacon Hill General Contractors bid on 112 Blue Hill AveMay 10, 2026$410,000.00
    • Draw 2 — Materials requested — 78 Woodrow AveMay 1, 2026$30,000.00
    • Project closed out — 501 E 8th StMay 1, 2026