Hines Joins Healthpeak for Residential Components of Cambridge Point
Healthpeak Properties, Inc. and Hines have formed a long-term partnership to develop the residential components of Healthpeak’s Cambridge Point master-planned district in the Alewife neighborhood of Cambridge, MA. Hines will lead the residential development in coordination with Healthpeak as master developer.
Hines and its partners will capitalize the residential developments. Plans call for commencing construction on the first residential building within the first 12 months following receipt of entitlements, which is anticipated in the second half of 2026.
“We are thrilled to welcome Hines as a key partner in realizing our long-term vision for Cambridge Point,” said Healthpeak CFO Kelvin Moses. “Hines’ reputation of delivering exceptional mixed-use and residential communities in urban centers aligns seamlessly with our commitment to quality and community impact.”
Situated adjacent to the MBTA Rapid Transit Rail Station in Alewife, Cambridge Point is anticipated to include multifamily residential units, research and lab space, and community-oriented ground-floor neighborhood retail uses.
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Brokers
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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
Lenders
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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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Andrew Schildcrout