Gate Residential begins leasing at $60 million West of Chestnut

West of Chestnut - Quincy, MA

Quincy, MA Gate Residential Properties, LLC has opened a new marketing center at West of Chestnut, as pre-leasing begins for the 169-unit lifestyle apartment community located in downtown. This $60 million residential and retail project jumpstarted the economic revival of Quincy Center, is set to open in May

The West of Chestnut marketing center is located across from West of Chestnut at 32 Chestnut St., and is open Monday through Friday from 10 a.m. to 6 p.m., Saturdays from 10 a.m. to 5 p.m. and Sundays noon to 5 p.m. Prospective renters will also have the opportunity to tour a model unit and sign leases for the studio, 1 and 2-bedroom units that are set to open May 1.

West of Chestnut features 169 residential units in two six-story urban midrise buildings – including 12,400 s/f of commercial and retail space on the ground level that will feature restaurants and active retail stores. Amenities include a fitness center, cross-training studio, a club suite with a lounging media room, a dog-wash room, and an outdoor kitchen, fireplace and courtyard.

“We’re excited to announce the opening of our new marketing center and the start of leasing for West of Chestnut, a luxury lifestyle community with outstanding amenities that will attract a new wave of young professionals to Downtown Quincy,” said Damian Szary, principal at Gate Residential Properties. “West of Chestnut is set in a prime urban location with easy access to restaurants, shops and just a 3-minute walk to the Red Line and commuter rail service directly into Boston.”

West of Chestnut is a joint venture of Gate Residential and Quincy Mutual Fire Insurance Company, which owns the property adjacent to the iconic Granite Trust Building between Chestnut St. and Hancock St. West of Chestnut, which was announced in 2014, has spurred additional development in the city’s downtown district. 

Quincy Mutual has been in continuous operation in Quincy since it was founded in 1851 and is the majority investor in the downtown redevelopment.

“Our investment in this project is an investment in this city and the people who live and work here,” said K. Douglas Briggs, president and CEO of Quincy Mutual. “We are already seeing a new wave of investment by other developers, retailers and restaurants in the downtown who share our vision and faith for this great city.”

West of Chestnut is one of many new developments set for Quincy Center, which will include the renovated Quincy Center MBTA station, the newly-remodeled City Hall, and the expected Adams Green urban park. A second phase of West of Chestnut, called East of Chestnut – featuring 220 units with additional amenity and retail space, is also planned. 

Founded in 2010, Gate Residential Properties, LLC is the multifamily development and investment arm of Redgate Holdings, LLC.