News: Owners Developers & Managers

Amstel Heritage Development completes 25-unit The Aver in Watertown, Mass.

Watertown, MA Amstel Heritage Development completed The Aver apartment community, an amenity-rich project within walking distance of downtown and close to the Charles River Bike Path. The 25-unit pet-friendly complex, consisting of two studios, two one-bedroom, and 21 two-bedroom units, is located at 345-385 Pleasant St. 

The property is less than six miles from downtown Boston, two miles east of Bentley University, three miles from Brandeis University, four miles west of Harvard University, six miles from M.I.T, and a short drive to the high-tech, bio-tech and life sciences employment opportunities along the Rte. 128 corridor.

“The Aver is one of the first mid-sized projects to combine technology and environmental sustainability. Today’s residents are concerned about the environment and they will seek out an apartment community that has an active green initiative. Our eco-friendly amenities include electric car charging stations, tankless water heaters, solar panels, dual flush toilets. We have taken a fresh approach to the design and development process in an effort to bring something unique into the market,” said Brian McGrath, Amstel Heritage director.

Apartment construction in Boston was virtually shut down over the past few months, so The Aver is one of the first of a wave of multifamily rental properties in an area hungry for new rental product.

“The Aver development is coming to market at an ideal time,” said McGrath. “This centralized location provides easy access to the Boston Metro 50+ colleges and universities as well as the white hot bio-tech industry employers”

Construction on The Aver started in 2018. The complex features an attractive exterior design with modern amenities as well as high-quality interior finishes such as stylish quartz countertops, stainless steel appliances, in-unit laundry, and engineered flooring. 

Other features include fob entry, USB chargers in all rooms, video guest entry, bike storage, private balconies and chef inspired spacious kitchen islands.

Retailers such as Target, Best Buy, Home Depot, Marshals, Roche Bros Supermarket are close by. Boylston properties is currently completing a $400 million redevelopment of the Arsenal Mall which will include 425 apartments, 250,000 s/f of retail including a Shake Shack; 200,000 s/f of office space; a 150-key Hampton Inn & Suites.

The Aver is less than 11 miles from the beautiful beaches of the North and South Shore and within 10 miles of more than 10 excellent golf courses, including Weston Golf Club, Woodland Country Club, and Brae Burn Country Club.

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