Image courtesy of Cube3 Architects

Brookline Bank has provided a construction mortgage for one of Greystar’s three apartment projects in Everett.

The apartment project at 1690 Revere Beach Parkway received a construction loan of $100.2 million from Brookline Bank earlier this month, property records show.

Charleston, South Carolina-based Greystar is developing a 741-unit residential building at the site of a former Stop & Shop supermarket in Everett’s Commercial Triangle district, a federal opportunity zone.

Construction has started on two other Greystar developments in the area. Work began this month on a 6-story apartment building with 384 units at 85 Boston St., the second phase of a development that will total 714 units. Construction began earlier this year at 35 Garvey St., a 450-unit apartment complex.

Correction 5:30 p.m., Nov. 29, 2022: An earlier version of this article misstated the number of units for the 1690 Revere Beach Parkway development and the 85 Boston St. development.