Fenway CDC Opens First Ground-Up Construction in Two Decades
The City of Boston and the Fenway Community Development Corporation (CDC) commemorated the opening of Burbank Terrace Apartments. The project created 27 new income-restricted apartments in the East Fens neighborhood and is the nonprofit Fenway CDC’s first ground-up construction in two decades.
In 2021, with support from the city and state, Fenway CDC purchased the 72 Burbank Str. property from a private developer. Pre-approved zoning helped shorten the development timeline by more than a year, allowing the team to deliver 27 new homes more quickly.
“Making Burbank Terrace a reality required collaboration among city, state and private partners,” said Steven Farrell, Executive Director of Fenway CDC. “Families living here now have guaranteed affordable homes for years to come thanks to these collective efforts.”
Burbank Terrace replaced a 3,500-square-foot parking lot with a seven-story building featuring eight studio apartments, seven one-bedroom apartments and 12 two-bedroom apartments.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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