On Friday, September 21st construction workers broke ground on a 26 story high-rise apartment building in Boston’s Chinatown. The project was approved in 2008; however, construction was delayed due to a redesign of the original building (Boston Business Journal).
(Below: a rendering of the 26 story apartment building)
Forest City Enterprises, a large real estate development firm, and Hudson Group, a retail specialist, are developing the $130 Million dollar high-rise which will include 240 new apartments, 4,500 square feet of retail space as well as a 2,000 square foot outdoor area. Forest City Enterprises is well known in the area for its 27-acre University Park development near MIT, as well as its Ashton Mill development in Cumberland, RI (fceboston.com).
Contact: dfayngor@abgrealty.net