
Greystone Selected to Advise on Springfield Courthouse
Key highlights
- Greystone appointed as Transaction Advisor by DCAMM
- Advising on design, build, operation, and financing of courthouse
- New facility to consolidate two courts into 330,000 sq. ft. space
- Project supports public-private collaboration and community impact
Source: Globe Newswire
Notable Quotes
“ DCAMM looks forward to enlisting Greystone’s considerable expertise and connections to identify a developer partner who will collaborate with us alongside court and community stakeholders to deliver a compelling and successful project for Springfield. ”
Adam Baacke, Commissioner at DCAMM
“ We are committed to supporting DCAMM in establishing a new, permanent site for the Springfield Regional Justice Center and providing guidance for the development of a project that will serve the community and Commonwealth for generations. ”
Charles Di Maggio, CEO at Greystone Real Estate Advisory Group
Why This Matters
This partnership underscores the Commonwealth's commitment to modernizing its judicial infrastructure while leveraging private sector expertise to serve public interests. By entrusting Greystone Real Estate Advisory Group with the advisory role, DCAMM aims to ensure that the new Springfield Regional Justice Center is not only operationally efficient but also responsive to the long-term needs of the judiciary and the local community. The 330,000-square-foot facility represents a significant investment in regional justice services, consolidating outdated operations into a state-of-the-art hub for legal proceedings in Western Massachusetts.