A 41-unit, five-story apartment building has launched construction on Maverick Street in East Boston, one of a cluster of smaller multifamily projects underway in the area, the Boston Business Journal reported. The development under construction at 9 McKay Pl., about four blocks from the middle of Maverick Square, is expected to include a 2,200-square-foot public park facing Maverick Street and an abutting 1,200-square-foot commercial space.
The development is led by an owner and developer with a limited liability corporation registered in North Kingstown, RI, reported the Business Journal. Zephyr Architects of Boston is also involved.
The 9 McKay Pl. development joins projects that include 170 apartments at 355 Bennington St. in Day Square, 29 units at 7-11 Curtis St. and 26 apartments at 28-30 Geneva St. Elsewhere, a 94-unit project at 135 Bremen St. has been approved, and a group of projects totaling 88 units were proposed this summer. A Cambria hotel is also under construction in East Boston.
Rendering courtesy of Zephyr Architects.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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