Catalyst Ventures Development

Catalyst Ventures Development is a Black-owned real estate developer and investor based in Boston. Its portfolio ranges from small residential buildings to major commercial projects, including the 1,054-room Omni Seaport Hotel, the 22 Drydock life science development in the Seaport’s Raymond L. Flynn Marine Park, and the Marriott Residence Inn, which opened in 2019 as part of a mixed-use development serving as a gateway to Roxbury and Dudley Square.

The firm’s mission is to create scaled projects that rely substantially on Black- and brown-owned businesses and to give Black and brown people a stake as investors, a direct response to Boston’s income inequality. Since 2019 it has partnered with Redgate in Catalyst RCP, a majority minority-owned joint venture led by Managing Principal Darryl Settles, which pursues development projects that open doors for minority and women business enterprises.

What to Know

• Catalyst and Redgate have invested in and developed urban projects together since 2016.
• Tommy’s Rock Residences, a 14-unit condominium project in Boston, was developed in partnership with the Janey Company.
• The portfolio also includes a five-unit condo building in Newton and a 6.2-acre site along Revere Beach Parkway.
• The firm’s website features the quote “Have a Vision, Be Demanding, and for God’s Sake, Speak Up.”