Dignitaries celebrate the official opening of Treadmark earlier this year. The 83-unit mixed-income, mixed-use, transit-oriented development is located in the heart of Dorchester’s Ashmont Square neighborhood. Image courtesy of Trinity Financial.
City leaders, community figures and representatives of affordable housing developer Trinity Financial gathered over the weekend in Dorchester’s Ashmont Square to celebrate the opening of Trinity’s Treadmark building two years after a fire destroyed its first iteration weeks before completion.
“The opening of Treadmark is an important and exciting milestone for Peabody Square,” Boston Mayor Marty Walsh said in a statement. “I want to thank Trinity Financial and all partners for quickly committing to rebuilding this project after the devastating fire in 2017. I am proud that together we have created dozens of affordable units and retail space for businesses that will help boost the local economy.”
The building – named for a tire company that operated on the site for generations – boasts 51 affordable rental units and 32 ownership units designed by HGTV celebrity and Boston-based interior designer Taniya Nayak. The project was designed by The Architectural Team while exterior landscaping was designed by Copley Wolff Design Group.
“These aren’t just 83 units, these are 83 families whose lives will be changed,” U.S. Rep. Ayanna Pressley said in a statement. “This is an incredible community. It’s vibrant. It’s diverse. It’s civically engaged. I’m so excited for our new neighbors that will be able to call this community home.”
The project also includes ground-floor retail with the neighborhood shop, American Provisions. In addition to American Provisions, Trinity Financial will complete the ground-floor retail program, with two remaining retail spaces totaling 2,500 square feet.
“We’re excited to celebrate the official opening of Treadmark and want to thank all of our public and private partners for their hard work and collaboration, which has been vital in bringing the vision of this project to fruition,” James Keefe, principal at Trinity Financial, said in a statement. “Treadmark is located on the red line in the heart of Boston’s most diverse neighborhood. We are so proud of this project and of the commitment of this community whose support has been instrumental, particularly through the rebuilding process.”
The development for this new building was made possible in part by investments from the city of Boston, the Massachusetts Department of Housing and Community Development, Boston Private Bank, RBC Capital Markets and the Massachusetts Housing Investment Corporation.
Treadmark’s opening marks a major milestone in the continued growth of Ashmont/Peabody Square following a lengthy process of recovery after a 2017 construction fire.
