ARX Urban is an innovative real estate firm focused on value investing in generational assets.
Jan 17, 2020
Allston Co-Living Project Approved
Common Allbright, at 525 Lincoln Street in Allston has been approved by the BPDA. The co-living project will feature 80 units with a total of 280 bedrooms. The building will also include 1,250 square feet of ground-floor community space along with a 4,500 square foot courtyard and parking for 30 cars. To improve mobility for the residents and the neighborhood the project will also offer electric vehicle car-sharing and a $20 transit subsidy for residents. In response to questions from the board on how they will prevent the completed building from turning into an Airbnb the development team discussed 12-month lease requirements, subleasing bans, and a large on-site staff to monitor the property.
Jan 12, 2020
Facade Install Well Underway at 233 Hancock Street in Dorchester
Siding install is rapidly progressing at 233 Hancock Street in Dorchester. The new mixed-use project will include 36 apartments, 720 square feet of ground-floor retail and a 400-square-foot ground-floor gallery housing community artwork. 21 residences at 233 Hancock Street will be designated affordable. The project will also include a 22 car parking garage.
Dec 26, 2019
Plumbing Permit Pulled for 233 Hancock St.
A permit for plumbing install has been pulled for 233 Hancock Street in Dorchester. The project will feature 36 apartments plus 720 square feet of ground-floor retail and a 400-square-foot ground-floor gallery housing community artwork. 21 residences at 233 Hancock Street will be designated affordable to households earning between 60% and 100% AMI.
Oct 07, 2019
Framing In Place for 233 Hancock St. in Dorchester
Wood framing is complete for 233 Hancock Street in Dorchester. The upcoming mixed-use project will feature 36 apartments along with 720 square feet of ground-floor retail and a 400-square-foot ground-floor gallery housing community artwork. 21 of the apartments will be designated affordable to households earning between 60%-100% AMI. The building also includes a 22 car garage along with bike storage.
Jul 17, 2019
Allston Co-Living Project Under Review
A PNF has been filed for the co-living project proposed in Allston along Lincoln Street, Common Allbright. The plans call for a 6-story building to include 80 residential units, a mix of 10 traditional studio units, 8 three-bedroom co-living suites, and sixty-two 62 four-bedroom co-living suites. There will be a total of 282 bedrooms within the project. The development team of ARX Urban & Boylston Properties will partner with Common Living, Inc. one of the largest co-living management companies in the U.S., to oversee daily operations.
The project also includes a ground-level garage to feature around 30 parking spaces with the ability to add another 30 spaces with a mechanical parking solution. Common Allbright will designate 2 traditional studio units and 9 co-living suites containing 35 bedrooms to be income-restricted for individuals earning not more than 70% of the AMI.
Jul 05, 2019
Core in Place for 233 Hancock St.
The concrete core is in place for the upcoming 36 unit project at 233 Hancock Street in Dorchester. 21 of the residences at the project will be designated affordable at 60% & 100% AMI. 233 Hancock will also feature a 700+ square foot retail space and a 400 square foot art gallery on the ground floor. Parking for 22 cars will be located at street level.
Jun 13, 2019
Mattapan Property Acquired for $6.5 Million
ARX Urban has acquired the property at 422 River Street for $6.5 million from developer Joseph Taylor.
The development project located adjacent to the Mattapan MBTA Red Line station consists of 27 residential units and parking for 22 vehicles.
May 23, 2019
Foundation Work Underway for 233 Hancock St. in Dorchester
Foundation work is now underway for 233 Hancock Street in Dorchester. The upcoming project will include 36 apartments, 720 square feet of ground-floor retail, a 400 square foot community art gallery, and a 22 car parking garage. The project, being built by Haycon, will revitalize the formerly industrial site just minutes from the Savin Hill MBTA Station.
Apr 23, 2019
Ledge Removal Continues for 233 Hancock Street
Ledge removal work continues at 233 Hancock Street in Dorchester for the upcoming mixed-use project from developer ARX Urban. Haycon is managing the build of the 36 unit rental building that will also feature parking for 22 cars along with ground floor retail and a community art gallery. The site is located just a few blocks from Savin Hill and across the street from the upcoming Dot Block project which will bring more residential and retail tenants to this corner of Dorchester. Residences at 233 Hancock will include 12 studios, 12 one-bedrooms, eight two-bedrooms, and four three-bedrooms, 21 of which will be designated affordable.
Mar 29, 2019
Residential Development Proposed in Allston
The Proposed Project is located within the Allston-Brighton Neighborhood District, containing approximately 0.75 acres (32,589 square feet) of land area and fronts both Lincoln Street and Cambridge Street.
The property currently contains an approximately forty-five space surface parking lot, which is proposed to be replaced with a six-story co-living residential building, totaling approximately 129,175 square feet, and an at-grade parking garage providing approximately thirty accessory parking spaces with additional night parking available in the 510 Lincoln Street parking lot.
Feb 22, 2019
Site Clear, Excavation Underway at 233 Hancock St. in Dorchester
Demo of an autobody shop that had been on the site at 233 Hancock Street is complete and excavation is underway. Once the site is prepped, Haycon, the project's GC will begin work on the 36 unit rental building. Apartments in the building will be a mix of studios, 1, 2, and 3 bedrooms, 21 of which will be designated as affordable. The project will also feature 720 square feet of ground-floor retail and a 400 square foot art gallery. The Dorchester location is just a few blocks from the Savin Hill MBTA station and across the street from the upcoming Dot Block development.
Jan 10, 2019
MassHousing to Provide $2.1M in Workforce Housing Financing for 233 Hancock Street
MassHousing is providing $2.1 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of 233 Hancock, a 36-unit housing development in Dorchester. Demolition of 2 auto repair shops on the site has already been completed and site work is now ongoing for the development. Of the 36 new apartments at 233 Hancock, 10 will be affordable for working households earning up to 80 percent of the Area Median Income (AMI), and 11 apartments will be affordable for working households earning up to 100 percent of AMI. The remaining 15 units will be rented at market rates.
The development of 233 Hancock advances the Baker-Polito Administration’s goal of creating up to 1,000 new workforce housing units affordable to middle-income households through MassHousing’s $100 million Workforce Housing Initiative.233 Hancock is being developed by ARX Urban with Dorchester based Haycon as the general contractor.
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