News: Owners Developers & Managers

Nauset Construction completes 88-unit Hancock Estates community

Chestnut Hill, MA Nauset Construction has completed Hancock Estates, an 88-unit apartment community. Surrounded by acres of protected conservation land, the complex is located close to shopping and dining venues, and offers a rental housing alternative for west suburban residents seeking to downsize from their single-family homes while remaining close to their lifelong communities.

“Hancock Estates is a suburban apartment community that offers all of the high-end amenities found in the new luxury apartment buildings being constructed in the Seaport and Downtown,” said Edward Zuker, CEO of Chestnut Hill Realty, which developed, owns and operates the project. “With so much natural beauty just outside your door and easy access to all that Downtown Boston has to offer, Hancock Estates offers the best of both worlds.”

Designed by The Architectural Team (TAT), the single building complex is comprised of 34 one-bedroom and 54 two-bedroom apartments, with 135 covered parking spaces. Hancock Estates offers bright and airy open concept floor plans, 10-foot ceilings, oversize soaking tubs and Crema Marfil marble countertops and floors in the bathrooms, and gourmet kitchens. The building offers amenities rarely found in a suburban apartment community, such as concierge service, package acceptance, and a dry cleaning kiosk. 

Other interior amenities include a hospitality suite that can be reserved for use by friends and family of the residents, a fitness center with yoga space, theater/gaming room, private activity room, internet café, business center, and a resident lounge. Exterior amenities include a small children’s playground, a putting green, a dog run and self-service dog wash room, a community garden with raised planting beds, a barbecue area, Bocci court, exterior patio space, and a fire pit. 

The property is surrounded by 20 acres of protected conservation land, deeded to the town in perpetuity. The open space connects with the existing 20-acre Sawmill Brook Conservation Area and the five-acre Bald Pate Meadow Conservation Area to create a 50-plus-acre swath of green in South Newton. In addition to recreational opportunities, the area preserves a much-needed wildlife habitat. The apartment community is nestled at the edge of the conservation land behind a knoll shrouded by landscaping, with an entrance reminiscent of old country estates. 

“Nauset is fortunate to have Chestnut Hill Realty (CHR), one of New England’s most respected multifamily real estate firms, as a client and project team partner on such a significant development. The success of Hancock Estates is a true testament to the value of teamwork of everyone involved,” said Nauset president Anthony Papantonis. “The design team, subcontractors and suppliers all deserve a lot of credit, he said.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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