News: Front Section

City Realty Group breaks ground on TEMPO Condos; design Embarc Studio, construction by New Boston Builders

Shown (from left) are: Melissa Flamburis, sales director at Advisors Living; Dartagnan Brown, principal at Embarc Studio; Fred Starikov, managing partner at City Realty Group; Stephen Whalen, managing partner at City Realty Group; Josh Fetterman, director of project development at City Realty Group; Vladimir Prokupets, director of construction at City Realty Group; and Eric Gould, owner of New Boston Builders.

Jamaica Plain, MA City Realty Group celebrated the groundbreaking on TEMPO Condominiums, located at 3193 Washington St. TEMPO features 39 homes and retail space. TEMPO provides needed home ownership opportunities in the desirable neighborhood. The five-story building will total 45,605 s/f, with 31,365 s/f of net living space and available units ranging from studio to three-bedrooms. The studio units range from 495-615 s/f, one-bedroom units from 585-680 s/f, two-bedroom units from 785-985 s/f, two-bedrooms plus a study are 940 s/f, and three-bedroom condos will measure 955-1,305 s/f. Retail units range from 1,050-1,105 s/f. All retail space will be marketed with a preference for local small businesses.

TEMPO is located near the MTBA’s Orange Line. The stylish, pet-friendly condos are thoughtfully designed to fit the modern lifestyle. Amenities include: Automated garage parking, pet wash station, bike storage and private outdoor space. Construction is expected to be completed by March 2020.

“TEMPO combines a fresh approach to urban living, with unmatched neighborhood amenities,” said Steve Whalen, managing partner of City Realty Group. “We are proud to bring much-needed home ownership options to the wonderfully diverse and vibrant community of Jamaica Plain.”

New Boston Builders will construct TEMPO, which was designed by Embarc Studio. Units will be exclusively marketed by Boston Realty Advisors/Advisors Living.

 

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