Sepia at Ink Block Sixty Percent Sold Out

Boston Herald building, Williams Court, Boston...

Boston Herald building, Williams Court, Boston, 19th c. (Photo credit: Wikipedia)

60% of the 83-unit Sepia at Ink Block project on the former site of the Boston Herald is sold.The Herald moved to new office space in the Seaport District.

“When we decided to build 83 luxury condos there, everyone was asking why we would do that in this part of the South End,” said Ted Tye, managing partner of Newton-based developer National Development, at Sepia’s groundbreaking yesterday. “Now they’re asking us to build more condos.”

There are still two more sites on the 6.2-acre property and Tye said he is considering building more condos in the rapidly changing area.

The complex already has three luxury apartment buildings with 392 units under construction, along with a ground-floor 50,000-square-foot Whole Foods Market that will open early next year. Sepia’s one- to three-bedroom condos, ranging from 510 to 2,000 square feet, are slated to open in the late fall of 2015.

 

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Tornado Rips Thru Revere North of Boston

English: Revere Beach, Boston (MA)

English: Revere Beach, Boston (MA) (Photo credit: Wikipedia)

A tornado rip thru a north of Boston in Revere on Monday causing much damage including ripping the roofs off the top of buildings.

Luckily there were no reports of injuries in the little coastal area of 53,000 residents.

“Given the magnitude of the storm, it’s really a miracle that no one sustained more serious injuries,” said Revere Mayor Dan Rizzo.

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88 Apartments to Go into MBTA Building

 

Massachusetts Bay Transportation Authority GP4...

Massachusetts Bay Transportation Authority GP40MC 1136 (ex-Canadian National 9599) entering the Porter Square Station (Photo credit: Wikipedia)

 

Mission Hill Neighborhood Housing Services, a Boston nonprofit developer, has notified the Boston Redevelopment Authority of it’s intentions to build 88 apartments, 196,500 square foot office building, 10,000 square feet of retail outlets, 1250 square feet of community space and approximately 200 parking spaces on a vacant site formerly owned by MBTA. “This development will re-establish  as a lively, transit orientated site where people once again live, work, shop and recreate,” the filing stated.

 

According to the developer, the project grew out of the multi year planning process for the area. The process involved residents, businesses, stakeholders, institutional neighbors and elected officials.

 

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CHINATOWN RESIDENTIAL PROJECT GETS $4M GRANT FROM STATE

The developers of the One Greenway condominium and apartment project in Boston’s Chinatown neighborhood reports that they have secured $3.9 million from the state in support the 51 unit South Building. The grant will be used to fund the construction of the $20 million South Building.

The $170 million One Greenway project will include 363 residential units in two different buildings that occupy roughly a half acre of open space. The 312 unit North Building will include 217 market rate apartments and 95 affordable rentals. The project will include a total of 146 affordable units. Groundbreaking took place earlier this year with political leaders and the development team gathering to celebrate the return of the Parcel 24 site back to housing, retail and community usage. The project will restore a section of Boston’s Chinatown which was demolished in the 1960s. The space has sat vacant since.

The South Building will have 51 affordable condominiums and provide income eligible families an opportunity to purchase a unit in a location near downtown Boston. Construction on the South Building will commence next summer. When completed, it will include 20 one bedroom units, 22 two bedroom units and nine, three bedroom units.
The project also includes 135 garage parking spaces, 8,500 square feet of retail and community space and new pedestrian connection between Hudson and Albany streets.

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BOSTON DEVELOPER TO BUILD 42 RESIDENTIAL UNITS IN THE CITY’S SOUTH END NEIGHBORHOOD

The Holland Company has filed plans with the Boston Redevelopment Authority to convert a four story warehouse at 46 Wareham Street into a six story, mixed use development that would include 9,400 square feet of ground floor retail. Holland would demolish part of the old building and add three levels of new construction. The mix of units would include 23 one bedrooms with approximately 780 square feet of space, 17 two bedrooms with about 1,162 square feet and two three bedrooms with about 1,500 square feet. The plans call for a parking garage to be built for 52 vehicles. Holland did not indicate whether the units to be built would be condominiums or apartments. Speculation is that condos would do well at this location.

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NEW ROCHE BROS. STORE IN DOWNTOWN CROSSING SCHEDULED TO OPEN NEXT YEAR

For years, a supermarket has been on the Downtown Crossing wish list of many people. According to the latest construction updates a new store should be up and running by next year. When the Ritz-Carlton Boston Common opened on lower Washington Street almost a decade ago, it became apparent fast that all the new condo owners needed a place to shop for their groceries. More and more housing was added to the neighborhood the need only grew more.

Roche Bros. came in to rescue the neighborhood residents with a 25,000 square foot supermarket which will be located in the Burnham Building, the former Filene’s store that is in the second week of construction and redevelopment.

Renovation of the 102 year old property started over a year ago and is part of Millennium Partners’ $689 million redevelopment of the old Filene’s site. Next door, the Millennium Tower, a 625 foot building with 442 luxury residences on the upper floors and 95,000 square feet of retail space on its lower floors.

Roche Bros. has 18 stores in the Greater Boston area now, and the new supermarket will have 3,000 square feet of street level retail and 22,000 square feet in the Filene’s Basement. As of now, the supermarket is scheduled to open next year. The store will offer prepared foods also, and they will deliver too.

Boston median sales prices

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BOSTON SCIENTIFIC HEADQUARTERS

Boston Scientific’s Director of Global Facilities and Real Estate has unveiled the latest edition to it’s Marlborough campus. The $34 million, 110,000 square foot building is aimed at attracting and retaining more top talent. The new building contains all the latest in technology and conveniences. Included in the amenities are a gym, hair salon, dry cleaners, daycare center, several sports fields, and technology that allows employees to be able to purchase food using their thumbprints.

There are tunnels that run between all of the buildings on campus to tie it all together. According to CEO Michael Mahoney, “We’re a global company. Half of our sales are outside the U.S., so it was about technology tools and video conferencing that enable global collaboration. The workspace is more modern and open-more appealing to the younger employees.”

The new 120 acre Marlborough campus consists of three pre existing buildings and the new building. There is a total of 613,000 square feet of space. Boston Scientific has been at the Marlbourgh campus for a decade, housing over 1,000 employees. The three older buildings will be receiving new facades in the next two years.

The latest expansion has brought in almost 800 additional employees, and many corporate functions. An additional 500 employees are still located in Quincy, Lowell, Burlington and Cambridge.

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Where Will You Be Watching the Fireworks?

Boston has some of the best Fireworks in the nation. Boston Pops puts a spectacular show but the date has been moved from July 4 to the 3rd to avoid any impact from Tropical Storm Arthur. City officials will close roads around the Esplanade Thursday afternoon. MIT is said to be one of the better roof tops to see the display. However for smaller crowds the Cambridge side of the river could help the claustrophobic patriots. Or if you like the luxury of your home, you may watch it right here streaming live at 8 PM EST. http://bostonpopsjuly4th.org/

 

 

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NEW PROPOSAL TO REPLACE BOSTON HARBOR GARAGE

Sunset over the Longfellow Bridge

A little over 5 years since the original proposal to replace the Boston Harbor Garage was rejected, Donald Chiofaro has proposed a new and smaller plan for the property in hopes to win neighborhood and the city’s approval. The new proposal calls for the project to be cut in size by about 200,000 square feet from the original plan. The new plan calls for a 600 foot tower, with 120 condos and up to 300 hotel rooms plus a 500 foot office building with 700,000 square feet of space. The $1 billion proposal would also include more than 27,000 square feet of open space and a 70 foot space between the towers called the Harbor Square,”which would be a 4 season open space with a roof that could be closed seasonally. The developer envisions a skating rink in the winter and a farmers market in the summer. The new plan reflects a reduced density by 200,000 square feet and reduced height by nearly 200 feet. Mayor Walsh is in ongoing discussions with Chiofaro and predicts movement on the development this year.

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MAYOR INTERESTED IN NEW SOCCER STADIUM

Gillette Stadium, home of the New England Patr...

Gillette Stadium, home of the New England Patriots, Foxboro, Massachusetts, USA (Photo credit: Wikipedia)

In a recent interview, Mayor Martin J. Walsh said he is interested and would consider a new soccer stadium for the New England Revolution team.

“It’s about the growth of Boston. It is something I wouldn’t turn down. There will have to be a lot of discussions about the location. I don’t know where it would go. We will have to see.”

The president of the Kraft Group, the holding company of the Kraft family’s business interests, including the New England Patriots and the Revolution, spoke about the idea, saying that the team needs a soccer specific stadium. Presently the team plays at Gillete Stadium in Foxborough, but the owners have been searching for a much better setting with access to public transportation.

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