News: Owners Developers & Managers

Nauset Construction breaks ground on 93-unit Park 77

Cambridge, MA Construction is underway for a multifamily development that will deliver 93 transit-oriented apartment units to the Alewife neighborhood of the city. Located across from the 50-acre Danehy Park recreational facility and within walking distance to Fresh Pond and the Fresh Pond Shopping Center, the project is being built by Nauset Construction for owner Abodez Acorn New Street LLC. The new complex, known as Park 77, will be constructed at the site of the former window and door manufacturing and warehouse facility known as the J &C Adams Company, adjacent to Park 87, the 54-unit apartment complex developed in 2015.

Designed by Piatt Associates, the four-story, 96,000 s/f building will be comprised of a mix of studio, one, two and three-bedroom units, including 14 three-bedroom units designed for families. 

“We’ve had a great experience renting to families at Park 87 and hope to replicate that family-oriented environment with Park 77,” said Phil Terzis of Abodez. “With close proximity to Fresh Pond, the park, the wealth of shopping and dining amenities, and our pet-friendly rental policy, Park 77 can help ease the demand for multifamily rental units sought by young families in Cambridge.” 

The rental market for the entirety of Cambridge currently lists only 250 “pet-friendly” apartments, according to Bostonpetapartments.com. 

In addition to the convenient neighborhood recreational facilities, retail and dining options, the building will offer common area amenities, including a lobby lounge with a see-through gas fireplace, a terrace with built-in gas barbeque, a café with a full kitchen, a multimedia room with surround-sound, a meeting room with built-in audio-visual equipment, a top floor sky lounge with a pool table- and roof deck, a fitness room, and a free dog washing and grooming station. The units will feature a combination of tile and plank flooring, quartz countertops and shaker-style, white finish cabinetry. 

The exterior facade will be a combination of board and batten siding, metal wall shingles, green and gray clapboards and stone veneer. A mix of fixed and turn & tilt windows will supply an abundance of natural light to all units, and select units will include balconies and terraces. 

Construction is anticipated to be completed in the summer of 2019.

Located within walking distance to Alewife Station on the Red Line, Park 77 will include underground parking, electrical charging stations, free auto vacuum and ample bicycle storage. 

Park 77 is one of five multifamily projects that Nauset is currently constructing in Cambridge, as the firm is fast becoming a go-to construction manager for mid-size housing developments in the City, particularly urban infill projects. “Cambridge can be a challenging environment for developers, but it’s all for the good of the City,” said Anthony Papantonis, President of Nauset Construction. “The development process requires a lot of preconstruction planning prior to a construction start, but once you understand the process, it becomes much easier to navigate.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas

The redevelopment of brownfield sites is often associated with the revitalization of a property to bring it back into productive use, generate local tax revenue, and increase local employment. Redevelopment can also be part of a green or open space development, such as a riverwalk, park, or rail trail.
The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard

The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard

In real estate construction and development, there are numerous balances struck between comfort and affordability. We all want the class A office space with artisanal trimmed offices, brilliant lighting, silent air systems, and the hilltop belvedere view from the executive suite. Everyone wants that coveted corner office.
Capitalizing on next-gen electric vehicle  charging in New York/New England real estate - by Hooman Shahidi

Capitalizing on next-gen electric vehicle charging in New York/New England real estate - by Hooman Shahidi

For property owners and developers, tenant experience is everything. This means top-notch building amenities and technology integrations that match their lifestyle. As the electric vehicle (EV) industry grows, EV charging is at the top of their list of amenities.
You can’t manage  what you don’t measure - by Jay O'Connor

You can’t manage what you don’t measure - by Jay O'Connor

Reasons to submeter electrical and HVAC Loads At standalone and multi-unit properties. As a property owner or manager, we all should understand the importance of managing costs, promoting conservation efforts, and maintaining compliance with regulations. Submetering is a powerful tool that can help you achieve these goals and more.