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Nauset Breaks Floor on Alewife Combined-Use Condominium Neighborhood

Cambridge, MA – Building is underway for 605 Harmony, a mixed-use transit-oriented growth that can ship 49 condo items above 2,500 sq. ft of street-level retail house to the Recent Pond neighborhood.

The development supervisor is Needham, MA-based Nauset Building, and the developer is Acorn Holdings LLC. The event is conveniently situated close to public out of doors leisure areas, shops, eating places, and public transit together with Recent Pond Park, Danehy Discipline, Alewife Brook Parkway Procuring Heart, Recent Pond Mall, an MBTA bus cease and the Alewife Purple Line Station.

“With its shut proximity to Recent Pond, Alewife Station, and the wealth of neighborhood procuring and eating facilities, we’re assured that 605 Harmony will replicate the success of our different developments (Park 77, Park 87 and 603 Harmony) within the Recent Pond neighborhood,” stated Phil Terzis, VP of Improvement for Acorn Holdings. “As visitors returns to pre-pandemic ranges, housing choices situated close to transit hubs grow to be much more engaging to tenants.”

Designed by Piatt Associates, the 69,000 sq. foot, six-story, 605 Harmony neighborhood will probably be comprised of a mixture of studio, one-, two-, and three-bedroom items, with 15% of the items designated as reasonably priced. Most of the residences will embody balconies or roof-top terraces with spectacular views of the park and reservoir. The constructing’s exterior façade will function a mixture of cementitious, steel, and masonry siding. The bottom ground will function a steady 12-foot-high glass storefront that can enliven the road and terraces all through the day. Designed to fulfill Metropolis of Cambridge LEED requirements, the constructing envelope will exceed the vitality code necessities with environment friendly heating, cooling, and fresh-air consumption methods. Plumbing fixtures will meet low-use water requirements and home equipment will probably be Power Star licensed. The rooftop is designed to obtain photo voltaic panels and inexperienced roof plantings.

The constructing will provide residents a bunch of widespread space facilities together with a below-grade parking storage, foyer lounge, bike storage/restore space, and a canine washing/grooming station. The well-appointed items will function a mixture of tile and plank flooring, quartz counter tops, shaker-style white end cabinetry, and stainless-steel home equipment.

Building on this zero-lot line website, in a extremely trafficked, dense city neighborhood with restricted staging and laydown space will current some coordination and logistical challenges; circumstances which Nauset and its subcontracting companions are accustomed to. Nauset has remained lively within the Cambridge marketplace for almost twenty years, finishing over a dozen initiatives throughout the asset spectrum, together with workplace, resort, retail, mixed-use, and multi-unit residential.

“Our in depth expertise constructing quite a lot of initiatives within the Metropolis of Cambridge has made us a go-to development supervisor for extremely complicated, city infill initiatives,” stated Anthony Papantonis, President of Nauset Building. “And having beforehand labored with each Acorn and Piatt on a number of developments is a large plus as our groups have developed a synergy through the years.”

Building is anticipated to be accomplished in summer time of 2024.

605 Harmony is the fourth multi-unit residential/mixed-use collaboration between Nauset and Acorn within the final decade. The 2 corporations have teamed up on the redevelopment of the previous Rounder Data headquarters website into 37 residences in Porter Sq., named 7 Cameron; the combination of a brand new, 46-unit, mixed-use neighborhood related to the historic St. James Episcopal Church and new parish corridor referred to as St. James Place; and Park 77, a 93-unit condo complicated situated within the Recent Pond neighborhood.

The publish Nauset Breaks Ground on Alewife Mixed-Use Apartment Community appeared first on Boston Real Estate Times.