Cottonwood Loans $122M for Charlestown Housing Redevelopment
The next building in the redevelopment of Boston’s Bunker Hill public housing complex has been financed, including a $50 million contribution from the city of Boston.
The next building in the redevelopment of Boston’s Bunker Hill public housing complex has been financed, including a $50 million contribution from the city of Boston.
The $50 million state fund created as part of Gov. Maura Healey’s big housing bill last summer will help a 92-unit Milton project get off the ground.
A 330-unit apartment complex scheduled to open in November includes a roof deck with Boston skyline views and proximity to the MBTA Silver Line’s Eastern Avenue station in Chelsea.
City officials, representatives from Cambridge Savings Bank and developers from Marcus Partners, Joseph J. Corcoran Co. and John M. Corcoran & Co. broke ground Wednesday afternoon on a redevelopment of a Chelsea public housing project.
In addition to Redgate’s large revamp of the South Boston Edison power plant site, the Boston Planning & Development Agency board of directors approved six other projects at its meeting last night.