Image courtesy of Cube 3

A Boston developer is eyeing a block of parcels in North Quincy for a $100 million apartment complex expected to kick off permitting in early 2021.

Tremont Asset Management is working with architects Cube 3 on plans for the site at 61-71 Hancock St. in North Quincy, currently occupied by small commercial buildings, Domino’s Pizza and surface parking. Plans include 214 apartments with high-end finishes and a roof deck, Tremont Asset Management said.

“This amazing location not only serves as a visible reflection of the innovative development work being done in the city but pulls the energy and vibe of downtown Quincy northward, echoing many of the city goals,” Cube 3 Founding Partner Brian O’Connor said in a statement.

Tremont plans to begin permitting in early 2021 and hopes to complete the project in 2024.

The project already enjoys support from Quincy Mayor Thomas Koch, who said in a statement that the project will reshape a key gateway to the city. The project is expected to create 450 construction and jobs and pay over $700,000 in annual property taxes.

Boston Developer Eyes Quincy for $100M Apartment Complex

by Steve Adams time to read: 1 min