News: Owners Developers & Managers

N6 Properties to construct 50,000 s/f
ground-up apartment building

Boston, MA Boston developer Diarmaid McGregor, principal of N6 Properties, started work at 375 Cummins Hwy. on a 49-unit apartment building in the Roslindale neighborhood. The project represents the first ground-up venture McGregor and company have undertaken since forming N6 Properties in 2023.

The nearly 50,000 s/f 375 Cummins Hwy. will host 49 modern residential units with parking for up to 44 vehicles.

“While N6 Properties is a newer company, this project represents the evolution of the model I’ve been following the past 20 years. We find underutilized lots near public transportation and amenities and put in play our vision for modern city living.” said McGregor. “We’re excited to have selected Richard Schmidt Architects and Delphi Construction to bring this project to life. Their experience has been paramount in this challenging market to keep the project on budget.”

A major project component is a focus on sustainability and resiliency. The building is designed with an all-electric, high-efficiency, heating, and cooling system, and a lighting system that is over 50% more efficient than similar neighboring buildings. Electric vehicle charging stations are planned for in the naturally ventilated parking garage.

With the help of FinanceBoston N6 Properties secured a loan with North Shore Bank to build the project.

The anticipated completion date is January 2026.

“Matt LaFlamme and the rest of the team at North Shore were very easy to work with and seemed genuinely excited about this project in this particular neighborhood,” said McGregor.

“The building infrastructure is designed to accommodate photovoltaic solar panels that convert sunlight into electricity. The landscaping concept focuses on maintaining the existing urban forest. New plantings will be drought tolerant, native species vegetation.” said Rick Schmidt, AIA, principal of Rick Schmidt, Architects.

“The project is a prime example of eliciting a property’s highest and best use” said Brian Rooney, principal at FinanceBoston. “It’s vacant land in a great location, and through a collaborative process with the community and City, will now be transformed into something that benefits the neighborhood.”

The units at 375 Cummins Hwy. quintessential city spaces will showcase kitchens, stainless steel appliances, quartz countertops, designer tile baths, spacious living areas, with private balconies, and natural light in the units. The building will also include a lobby and lounge area, with a coffee bar, in addition to a gym space and bicycle storage.

Said Corey Heaslip, vice president of Delphi Construction, “I am thrilled that Delphi is able to be a part of this project and with how our preconstruction team was able to partner with N6 Properties team throughout the budgeting process as the details and scope were refined. That is a key ingredient to a project’s success.”

MORE FROM Owners Developers & Managers

Elm Grove Companies breaks ground on $20 million - The Rapids On Cocheco

Rochester, NH Real estate development firm, Elm Grove Companies, has started construction of The Rapids On Cocheco, an approved 52-unit workforce housing community at 29 Wadleigh Rd. This will be the company’s ninth venture in the affordable housing arena with other affordable properties in the state totaling 430 apartments
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season