Image courtesy of Stantec

The first residential building at the Allston Yards redevelopment has begun leasing 165 apartments in preparation for its scheduled spring opening.

Alder, located at 301 Guest St. on the Stop & Shop Supermarket property, is the first component of the 1.2 million-square-foot Allston Yards development.

Located on top of a new 67,000-square-foot Stop & Shop store scheduled to open this summer, the apartment building’s amenities package includes fitness and barre studios, an outdoor deck, library, workstations and a courtyard. Rents start at $2,900 a month for studios, Bozzuto Management Co. announced.

Bozzuto, New England Development and Southside Investment Partners are partnering on the 11-acre project. 

The project, approved in 2019, includes a total of 868 apartments and condominiums and  a 350,000-square-foot office-lab building.

Alder’s ground floor will be occupied by Stop & Shop and additional retail tenants that have yet to be announced.