Recent News & Highlights

GFC Featured in Builder and Architect Magazine

posted on March 2, 2021

“GFC Development’s prodigious portfolio is as diverse as the communities in which it erects each of its expertly crafted and efficient habitations.”

“They range in size and scope from single residence builds and luxury flats, to high-rise regenerative condo reconfigurations, to entire housing developments.”

“Woven throughout these highly contrasted forms is GFC’s conscientious commitment to the environment and to its inhabitants, at home and afar.”

> Builder and Architect Feature Article


GFC Breaks Ground on Five-Story, 32-Unit Residences at 30 B Street in South Boston

posted on October 14, 2017
rendering of interior of 30B Street, South Boston

GFC Development Inc. (“GFC”), one of Boston’s leading general contractors, real estate developers, and real estate investment firms announced today that it has broken ground on a new, five-story, 49,000 sq. ft. residential condominium project called ARYA Condominiums located at 30 B Street, South Boston, Massachusetts.

The proposed project includes the demolition of three existing structures and the construction of a five-story building that will house 32 contemporary condominium units and 33 parking spaces. The development team expects to have the building completed in February 2017.

Charles Aggouras, president of GFC  said, “We have worked closely with the BRA, the Mayor’s office and Dartagnan Brown, principal of EMBARC Studios of Boston, on plans for a 32-unit luxury condominium complex that will serve the growing housing demands in this vibrant neighborhood. Our team is excited to enter the construction phase, and participate in the continual revitalization of South Boston.”

> Read the full article from Market Wired


Announcing Symphony Road: 20 Luxury Condo Units

posted on September 16, 2017

This new luxury condominium at 50 Symphony Road features 20 units, each stylishly appointed to redefine modern living. Steps away from Symphony Hall and in close proximity to Back Bay, Copley Square and Fenway.

Also available are 11 indoor, heated parking spots.

Symphony Road is expected to be ready for occupancy in 2019.


GFC President Charles Aggouras Wins “Builder Member of the Year”

posted on January 14, 2016
photo of Charles Aggouras

GFC Development President, Charles Aggouras, was named the 2015 “Builder Member of the Year” by the Builders and Remodelers Association of Greater Boston (BRAGB). Along with this prestigious award comes a “Member Spotlight” profile on Charles Aggouras located at

Each year, BRAGB recognizes individual members who make extraordinary contributions and accomplishments in the homebuilding and remodeling industry. “The Association is proud to congratulate Charles Aggouras on his win for Builder Member of the Year,” said Lorraine DeVaux, CMP, MIRM, CSP, Chief Executive Officer of BRAGB. “Charles has demonstrated excellence in building practices throughout 2015 and continues to add value to the industry and to our organization.”

“In the building industry, you are only as good as your team,” commented Aggouras. “Thanks to BRAGB, I have had the opportunity to work alongside, and form relationships with, some of the best in this industry. To receive recognition from my peers at BRAGB is truly an honor.”

> Read the full article


Davis Square Habitat: Sold!

posted on January 8, 2016
photo of interior of unit at Davis Square Habitat

GFC Development is pleased to announce that its Davis Square Habitat development has completely sold out.

Project Website

> visit project website

Project Overview

Located on Cameron Avenue and Elmwood Street in Davis Square, Somerville.

These new townhouses feature premium amenities and the highest quality building materials.


> view Somerville Patch Article: “Brand New Davis Square Condo for $1.3 Million”



27 Dickinson Street: Sold!

posted on June 22, 2015
Photo of 27 Dickinson Street in Somerville

GFC is pleased to announce that it has recently sold its new construction, single-family house at 27 Dickinson Street in Somerville.

As only the developers at GFC can do, this project was a complete renovation of a unique single-family house, bringing the property into the new millennium using the finest materials available.



9 Monmouth Street Sold Out!

posted on March 24, 2015

All three of the exceptional early 1900’s Victorian Residences on Spring Hill have sold. Congratulations to the new owners.

visit project website

It’s not often you get to bring back the luster of an old mansion. The trick is to combine the elegance of a bygone era with the modern technology of today. The Residences at Captain Greenleaf’s Mansion are a complete top to bottom restoration of a spectacular Victorian showplace.

Located on Cameron Avenue and Elmwood Street in Davis Square, Somerville.



Inman Lofts: Sold Out!

posted on January 4, 2015
inman-lofts photo

GFC Development is pleased to announce that their recent development of ultra-modern townhouses in Inman Square have sold out.


The Inman Lofts were recently featured in Boston Curbed as one of Somerville’s top properties for sale.

Read the article: “Somerville’s Top 10

Project Overview

The Inman Lofts are the ultimate in cutting edge energy efficient urban living featuring the best in local contemporary design with an open multi level floor plan, nine foot ceilings, floating glass panel stairwells, oversized custom aluminum clad windows, a highly efficient three zoned 16 SEER Energy Star air conditioning system, master bedroom suites with walk in closets, exclusive private roof deck with Boston views and private pull in garages.



22 Cameron Ave: Sold!

posted on January 3, 2015
photo of 22 Cameron Avenue Somerville MA

The ultramodern version of an American Italianate home at 22 Cameron Avenue in Somerville, MA has recently sold.

Features include the welcome escape of a four season solarium… Full lower level family room… Wide plank oak hardwood stained floors… Master suite with jacuzzi and separate shower… EXTRA closet space.

Another stunning property from the award-winning team at GFC Development.



“GFC builds striking condos”- Boston Herald

posted on July 16, 2014
photo of Endicott Avenue in Somerville by GFC

The Boston Herald has recognized GFC Development for building “striking, sustainable condos,” and for creating a “niche” in the local real estate market by developing “housing to attract design-conscious buyers.”

GFC President, Charles Aggouras, is quoted as saying “We’ve developed a successful niche by appealing to buyers who want a contemporary look with stylish details and high-efficiency green systems.”

Aggouras explains that designing green does more than just save energy: “You build with better windows, insulation, roofing, and in the end create a better product.” 

Read the full article: “GFC builds striking condos”


Ground Broken on the Lofts at Inman Square

posted on September 7, 2013

Situated in the heart of Inman Square, the townhouses represent a rare opportunity to join an emerging community in an exceptional location for transportation, biking or walking.

After having resounding success developing Somerville’s fist LEED Certified, eco friendly condominiums, GFC Development Inc.’s team has delivered with The Lofts

Just over a mile to Green Line and Commuter Rail, and just over a half mile to the Red Line Subway and within a half mile of 10 different bus routes.

Like to bike? Exceptional convenience by bicycle as well with a ‘Very Bikeable’ rating of 84 make this location one of the most sought after neighborhoods in the Boston area. Don’t have a car or a bike? No problem, you are literally within a few hundred feet of Bike or Car Shares for your convenience.


Residences at Maxwell’s Green Receives Accolades

posted on June 10, 2013

Governor Patrick and Mayor Curtatone visited GFC Development’s recent green housing project The Residences at Maxwell’s Green in Somerville.

(Marketwire – September 28, 2010) – GFC Development Corp., (“GFC”) Boston’s leading ‘green’ real estate developer and general contractor, is pleased to announce that Massachusetts Governor Deval Patrick and Mayor Joseph Curtatone of the City of Somerville recently visited GFC’s latest green construction redevelopment project known as “The Residences at Maxwell’s Green” located at 56-61 Clyde Street in Somerville, MA.

President of GFC and recipient of the 2009 Green Building of America Award, Charles Aggouras, commented, “We are excited to be a part of such an important community revitalization project such as Maxwell’s Green. The support of Governor Patrick and Mayor Curtatone has been outstanding. We share in their commitment to bring a new model for environmental conservation and sustainable living to the City of Somerville. Once completed, GFC will be seeking both LEED certification and NAHB Green status for the Residences at Maxwell’s Green.”

Continue reading…


Banker & Tradesman Recognizes GFC’s LEED Silver Certification

posted on April 10, 2013

The Banker & Tradesman recognized the awarding of the LEED Silver Certification to GFC Development’s Endicott Residences for achievement in green homebuilding and design.


>  View/Download Article


GFC Development Featured on Cover of Builder/Architect Magazine

posted on February 9, 2013

builder-architect-coverGFC Development was featured on the cover of Builder/Architect Magazine and was named Builder of the Month.

Among the properties reviewed in the magazine were the Endicott Residences and the offices for Ameriprise Boston.

>  View/Download Article


GFC Development Wins Two Prism Awards

posted on December 8, 2012

prism-awards-brochureGFC Development, a diversified, “green” real estate developer and multi-award winning contractor was honored with two 2009 PRISM (Prestigious Results in Sales and Marketing) Awards from The Builders Association of Greater Boston (G=BAGB).

GFC took home the Gold Award for “Most Innovative Open Green Space Design” and the Silver Award for “Best Multi-Family Re-Use or Conversion.”

Both awards were given for GFC’s Endicott Residences, a three-unit condominium project located on 57 Endicott Street in Somerville, MA. Endicott Residences was built using sustainable building materials and designed with energy-saving and eco-friendly efficiencies.