Catalyst Ventures Dev.
About
Catalyst Ventures Development (CVD) is a BIPOC-owned real estate development and investment firm in Boston. Its stated purpose is to build high-quality, scaled projects that make significant use of Black- and brown-owned businesses and to open investment opportunities to Black and brown people. The firm frames its work as a response to Boston’s income inequality, aiming to help the city lead in expanding economic opportunity for minority communities.
In 2019 CVD and Redgate formed Catalyst RCP, a joint venture that is 51 percent minority-owned and led by Managing Principal Darryl Settles alongside Redgate principals Kyle Warwick and Greg Bialecki. The two firms have invested in and developed urban projects together since 2016. Portfolio work includes the Omni Seaport Hotel, the 22 Drydock life science development in the Raymond L. Flynn Marine Park, and the Marriott Residence Inn near Melnea Cass Boulevard.
What to Know
- Residential work includes Tommy’s Rock Residences, a 14-unit condo project with the Janey Company, and a five-unit condo building in Newton.
- Catalyst RCP projects aim to create opportunities for minority business enterprises and women business enterprises.
- The firm cites strong relationships with minority-owned enterprises, city and state officials and nonprofit leaders.
- Another site in its portfolio is a 6.2-acre parcel along Revere Beach Parkway next to the Beachmont neighborhood.
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