Image courtesy of Gensler

What: 11 Dartmouth St.
Where: Malden Center
Owner: Quaker Lane Capital and Turnbridge Equities
Built: 2021-2023 

Boston-based Quaker Lane Capital has received special permit approval to redevelop 11 Dartmouth St. in Malden Center as a mixed-use property including class A office and life science space. 

Located in an Opportunity Zone, the 9-story building designed by Gensler would become Malden Center’s first LEED-certified office building. In response to public comments, Quaker Lane decreased the building 25 percent from its original proposed height, while increasing parking significantly for a total of 145 spaces. 

Quaker Lane Capital announced that it plans to seek innovation-driven tenants, including public and private sector organizations as well as entrepreneurial and research and development focused firms. 

A certified minority business enterprise, Quaker Lane focuses on adaptive re-use of existing assets for mixed-use projects in emerging urban locations.  

They Said It: 

“When we enter local communities, we recognize the responsibility we have as developers to advance economic progress and social equity, and community feedback is of the utmost importance to Quaker Lane. The community’s input directly contributed to changes in the project’s design, while Gensler’s world-class work allows us to maximize the full potential of the project located within both an Opportunity Zone and a Gateway City.” 

— Carlos Febres-Mazzei, founder and managing principal, Quaker Lane Capital 

Hot Property: 11 Dartmouth St.

by Steve Adams time to read: 1 min