News: Front Section

BPV engages Advisors Living for sales and marketing of The Mezz

South Boston, MA According to Boston Realty Advisors(BRA), Boston Property Ventures (BPV) has engaged its luxury sales and marketing division, Advisors Living, for The Mezz – BPV’s newest development.

BPV purchased the property, located at 420 West Broadway, for $8.2 million in July 2018. Soon after the property was acquired, the BPDA approved BPV’s plan to redevelop the property into a community of 42 condominiums, with a suite of amenities including a rooftop garden, zen patio, clubroom, underground parking and bicycle storage. Construction is under way, with the new homes expected to deliver in March 2020.

Originally built in 1920 – designed by architects Clarence H. Blackall, Clapp and Whittemore – The Mezz sits on the site of the historic Broadway Theater. Following a fire, the theater was rebuilt to the designs of architect Clarence Kivett in 1938. The Broadway Theater was a South Boston staple for decades, until it ultimately shut down in the 1980s.

Rich in history and culture, BPV is committed to leveraging the authentic flavor that the building provided the Southie community for so many years. The former theater lobby facing West Broadway will be restored and repurposed into a residential lobby and retail space.

The Mezz will attract an anthology of young professionals and new families looking to purchase their first home, as well as empty nesters in search of their next abode. Designed by Rode Architects, The Mezz will provide a genuine South Boston living experience – edgy and upscale – accessible by car, bicycle, scooter and a short walk from the Red Line.

In the heart of it all, The Mezz is conveniently located near Caffé Nero, across the street from Lincoln Tavern and walkable to other neighborhood spots such as JP Licks and the South Boston Farmers Market.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary