Image courtesy of Embarc
Another development team is joining the Roxbury housing pipeline with plans for 132 apartments and condominiums in a pair of buildings overlooking Nubian Square.
The project is a partnership between SV + Partners, Trax Development and Caste Capital, which also is partnering on the redevelopment of the West End branch of the
Boston Public Library to add 119 affordable housing units. Patrick Kimble, a former executive at The Davis Cos., founded Caste in December.
The 1.7-acre site at 10 Malcolm X Blvd. site includes an office building, which will remain. The two residential buildings would replace surface parking and undeveloped land.
What else is on tap today?
- Western Mass. Opportunity: Emerging industry clusters such as agriculture research and clean energy provide an opportunity for real estate investors to pull western Massachusetts out of the economic doldrums, according to a report that asks state leaders to commit $500 million toward the Pioneer Valley region.
- Wu: Boston Stadium Needs Private Help: While Boston awaits a judge’s decision on whether the city can renovate a run-down stadium in a public park to host a professional women’s soccer team, Boston’s mayor defended the idea on Tuesday.
Show me the data!
These are the top 10 existing, recent single-family home sales in Suffolk County.
What did I miss?
Here’s what you might have missed in Sunday’s newsletter. Not a B&T subscriber? Fix that here.
- The last week shows progress is likely to be two steps forward and one step back given decades of neglected maintenance at the T and the NIMBY backlash to the Healey administration’s housing plans.
- As federal and state authorities continue to clamp down on foreign investments in American businesses and real estate that could pose a risk to national security, some foreign entities are expanding into American homebuilding.
- We’ve seen many blue-ribbon commissions on transportation before. But this time, everyone knows that failure to find solutions means the MBTA – and the Greater Boston economy – will be in jeopardy.
