For over 25 years the backbone of our firm has been our ability to create outstanding development projects. It's at the core of who we are and what we do. And it's why we have been twice recognized by NAIOP Massachusetts as the region's outstanding development firm.We are able to provide financially sound best-in-class office, industrial, retail, multi-family, senior housing and hotel developments. Today's market often calls for weaving these areas together to create mixed-use properties. We are well positioned to do so. National Development's project team takes a hands-on approach to working with communities and neighbors. Our goal is to be part of the local communities in which we work and to enhance those communities. We demand excellence in the design of all of our projects and have won many industry awards for our thoughtful design and planning.
New-construction AC Hotel Boston Downtown opens at Ink Block in South End
The newly built AC Hotel Boston Downtown, a 205-room boutique hotel located at the South End’s Ink Block development, has opened. Construction is complete, and the hotel's AC Lounge cocktail bar and lounge and AC Kitchen restaurant are now serving food and drinks. AC Hotel Boston Downtown features amenities including a 24-hour fitness center and yoga studio, an indoor pool and meeting/event space, and is located minutes from the Financial District, the Seaport District and Logan Airport. The following is a photograph of AC Hotel Boston Downtown:
101 Station Drive, repositioned Westwood office building, sells for $53.1 million
AEW Capital Management has acquired 101 Station Drive, a three-story, 208,134-square-foot office building repositioned in 2016, from National Development for $53.1 million. The sale amounts to $255 per square foot. PNC Bank provided $26.6 million in mortgage financing towards AEW Capital Management’s acquisition. National Development acquired 101 Station Drive for $16 million, or $77 per square foot, in July 2014 from Metropolitan Life Insurance Company, and proceeded to make a series of capital improvements including a new lobby, entrance plaza and fitness center.
101 Station Drive’s tenants now include Children's Hospital, General Dynamics, Mott McDonald and PI Worldwide. Fargo Hill Capital leased 5,015 square feet at the building in the fourth quarter of 2017, and it was also announced that Honeywell International will relocate its’ headquarters to 101 Station Drive. The building is located next to the 120-acre, two-million-square-foot multi-phased University Station development, which includes desirable retail options such as Wegmans, Target, Lifetime Fitness, Nordstrom and Panera Bread.
Finishing touches underway at AC Hotel Boston Downtown, opening early 2018
Finishing touches are underway at AC Hotel Boston Downtown, a new 205-room boutique hotel opening in the first quarter of 2018 located adjacent to the South End’s Ink Block development. Black exterior finishes, windows and signage have been fully installed along the hotel’s facade. Inside AC Hotel Boston Downtown, the construction team is putting finishing touches on the hotel’s rooms and common spaces. When completed, AC Hotel Boston Downtown will feature amenities including a 24-hour fitness center and yoga studio, an indoor pool, the AC Lounge cocktail bar and lounge, the AC Kitchen restaurant offering European-inspired breakfast and meeting/event space. The following is a photograph of AC Hotel Boston Downtown:
Finishing touches underway at South End’s Siena at Ink Block new-construction luxury condominiums
The stunning facade of the South End’s eight-story, 76-unit Siena at Ink Block new-construction condominium building, featuring black and white exterior finish panels meshed with floor-to-ceiling glass, has been just about fully installed. Luxurious interior finishes are now being installed inside the building, including quartz countertops, stainless steel Bosch appliances, hardwood flooring, bathroom tiling and wool carpets in bedrooms, ahead of Siena at Ink Block’s anticipated opening early this year.
Finishing touches are also being put upon Siena at Ink Block’s amenity spaces, including a fully equipped fitness center and an indoor-outdoor rooftop sky lounge with sweeping views. Siena at Ink Block is located in the burgeoning Upper South End, steps from conveniences including a Whole Foods Market and multiple retail options, restaurants and bars. The following is a photograph of Siena at Ink Block:
National Development has broken ground on Emery Flats, a residential community featuring 200 apartments located just off of Interstate 93 in Woburn, minutes from Downtown Boston. The two-building community will contain a mix of studio, one-bedroom, two-bedroom and three-bedroom apartments, with each unit including washer/dryer units and individual heating/cooling controls. Communal amenities will include a fitness center, a rooftop lounge, lounge and work spaces and an outdoor swimming pool. Emery Flats is scheduled to open in February 2019.
Hotel opens at The District Burlington, new mixed-use neighborhood north of Boston
A 170-room Marriott Residence Inn hotel has opened at The District Burlington, a new mixed-use neighborhood located in Burlington, MA created from a 1970s office park. Suites at the hotel include one- and two-bedrooms and feature free Wi-Fi and flat-screens, kitchens and living areas. On-site amenities include parking, an indoor pool, a hot tub and a gym. A casual steakhouse will open at the hotel in 2018, complementing The District's culinary options which include Island Creek Oyster Bar, Pressed Cafe, Tavern in the Square and Tuscan Kitchen.
The District Burlington's office component is over 85% leased by over 40 tenants, including BAE Systems, Black Duck Software, Charles River Development and Decision Resources. A total of 30,000 square feet of retail are now located at the development, and The District Burlington's streetscape has been enhanced with new sidewalks and bicycle sharing in order to improve walkability and connectivity. The development is located just 15 miles from Boston, minutes from Interstate 95/128.
Boston’s first co-living tower proposed at Ink Block in South End
National Development has partnered with Ollie, a leading co-living and micro-housing specialist, to construct 7INK by Ollie, Boston’s first major co-living development, at Ink Block in the South End. The 14-story 7INK by Ollie would be located at the corner of Herald and Albany Streets and contain 245 shared suites and micro-studios emphasizing communal living. The proponents have filed a Letter of Intent (LOI) with the Boston Planning & Development Agency (BPDA) formally proposing the project, which would be the six-acre Ink Block development’s seventh and final building.
Ink Block currently consists of apartments, condominiums, a hotel, one of the country’s highest volume Whole Foods Markets, acclaimed restaurants, retailers and fitness studios. “7INK by Ollie and the co-living program is the logical evolution of our innovative Ink Block brand,” said Ted Tye, Managing Partner of National Development, in a prepared statement. “The built-in infrastructure of Whole Foods Market, our restaurant and fitness retailers, the soon to open AC Hotel by Marriott, and our new Underground at Ink Block art park make this a perfect location for co-living.” National Development and Ollie anticipate starting construction of 7INK by Ollie in late 2018, pending city approval.
Common area renovations underway at Constitution Wharf, creative waterfront office space overlooking Boston skyline now leasing
Large common area sections of Constitution Wharf, a creative office building overlooking the Downtown Boston skyline undergoing a full repositioning, have been demolished, with framing and fit out of exclusive, innovative new amenity spaces well underway. Metal framing sections have been erected within Constitution Wharf’s lobby area to build the building’s future lounge, cafe and fitness areas, and the building’s high-ceilinged, natural light-filled entryway has been prepared for installation of modern new finishes. Outside Constitution Wharf and along the Harborwalk, landscaping has been cleared to make way for construction of a revolutionary outdoor work & social room featuring an oversized media screen, creative seating, interactive event space, a fireplace, public art and sweeping Boston Harbor views.
Tenants at the newly repositioned, 180,000-square-foot Constitution Wharf include online shoe shopping destination Shoes.com, who has opened a new 31,300-square-foot headquarters at the building featuring oversized windows and a dedicated rooftop patio featuring sweeping views of the Boston harbor. Completion of renovations to Constitution Wharf’s common areas is expected by the end of 2017. The following are photographs of Constitution Wharf:
The following are photographs of Shoes.com’s new headquarters, courtesy Newmark Knight Frank:
National Development acquires Chelsea warehouse for $10 million, proposes new industrial building
National Development has acquired 130 Eastern Avenue, a seven-acre Chelsea property on which stands a 38,000-square-foot industrial warehouse, for $10 million. Middlesex Savings Bank provided $19.25 million of financing towards the acquisition. National Development plans to demolish the existing warehouse and construct a 32-foot clear-height industrial building at 130 Eastern Avenue. Construction would commence in late 2017 pending approval by the City of Chelsea, with completion expected in Fall 2018.
National Development's acquisition is the latest in a highly-active industrial section of Chelsea located steps from the future Eastern Avenue Station on the MBTA Silver Line bus rapid transit extension, which will open in Spring 2018 and connect Chelsea directly with Logan Airport, the Seaport District and Downtown Boston. Recently, The Seyon Group acquired 150 Eastern Avenue and 201 Crescent Avenue, two industrial properties located steps from National Development's 130 Eastern Avenue, for a combined $11.225 million. “There is an increasing demand in Greater Boston for quality distribution space close to Boston,” said National Development Managing Partner Ted Tye in an interview with the Chelsea Record. “Chelsea is ideally located and has been great to work with on expanding the City’s commercial base.”
$205 million financing obtained for The District Burlington
The District Burlington, a former suburban office park recently transformed by National Development, Charles River Realty Investors and AEW Capital Management into a walkable mixed-use neighborhood, has received $205 million in financing secured by HFF. The seven-year fixed-rate permanent loan was obtained though a major life insurance company. “The borrower did a fantastic job repositioning the asset to become a best-in-class mixed-use park with the best amenity package available in the market,” said HFF Managing Director Greg LaBine in a prepared statement. “That led to increased tenant demand and higher rents, which when coupled with top institutional sponsorship within the borrower group, made this a compelling opportunity for the lender.”
The District Burlington is over 85% leased by a very diverse set of over 40 tenants, including BAE Systems, Black Duck Software, Charles River Development and Decision Resources. With amenities such as a new Marriott Residence Inn hotel, an 8,000-square-foot fitness center, an OMMMSpace housing yoga and meditation classes, private shuttle service to the Alewife MBTA Red Line station and a 30,000-square-foot retail cluster featuring Island Creek Oyster Bar, Pressed Cafe, Tavern in the Square, Tuscan Kitchen and Market and TD Bank, The District Burlington provides an ideal blend of a relaxing suburban setting and urban convenience. The development is located just 15 miles from Boston, minutes from Interstate 95/128.
National Development and Charles River Realty Investors acquire developable Newmarket industrial property for $11.7 million
National Development and Charles River Realty Investors have acquired a 2.77-acre industrial property in Roxbury's Newmarket Square for $11.7 million. Two buildings stand on the property, bounded by Massachusetts Avenue, Theodore Glynn Way and Newmarket Street. 960 Massachusetts Avenue, a three-story, 75,424-square-foot building, is 84%-leased to seven tenants. 100 Newmarket Street, a single-story, 6,000-square-foot building, is fully leased. The property is zoned for a variety of uses, including warehouse/distribution, manufacturing, research and development, retail, creative office and laboratory, presenting potential for a development project of approximately 240,000 square feet.
Commercial broker Transwestern Consulting Group represented seller 960 Massachusetts Avenue Limited Partnership and sourced the buyer. National Development and Charles River Realty Investors have retained Transwestern to provide leasing services for the property. The property is located minutes to Downtown Boston, within close proximity to the Newmarket MBTA Commuter Rail Station, the Massachusetts Turnpike and Interstate 93.
Historic Circle Cinema sign re-installed atop Cleveland Circle mixed-use development
National Development has re-installed the historic Circle Cinema sign, a longtime landmark of Cleveland Circle, atop the new six-story, 92-unit Waterstone luxury adult apartment community at the $85 million, 218,520-square-foot Circle mixed-use development. The sign was unveiled in a special ceremony Wedensday evening attended by Boston Mayor Marty Walsh, Boston City Councillor Mark Ciommo and National Development Managing Partner Ted Tye. The Circle is expected to open in early 2018, and will also feature a 162-room AC Hotel and approximately 14,000 square feet of retail space across the ground floors of both new buildings. The following are photographs from the Circle sign installation ceremony:
Shoes.com opens new waterfront headquarters at Constitution Wharf, newly renovated creative Boston office building now leasing
Online shoe shopping destination Shoes.com has opened its’ new 31,300-square-foot headquarters at Constitution Wharf, a newly renovated creative Boston waterfront office building. Shoes.com has doubled its’ local employment base with its’ move to Constitution Wharf from its’ longtime Downtown Crossing headquarters, following Wal-Mart subsidiary Jet.com’s acquisition of Shoes.com in January 2017.
Shoes.com’s new headquarters takes full advantage of Constitution Wharf’s unparalleled waterfront location, with oversized windows overlooking Boston Harbor and a dedicated rooftop patio featuring sweeping views of the Boston skyline. Employees also have access to Constitution Wharf’s common spaces, including a lounge, a cafe, a fitness area and a revolutionary outdoor work & social room featuring an oversized media screen, creative seating, interactive event space, a fire pit and sweeping Boston Harbor views. Office space at the 180,000-square-foot Constitution Wharf is now available for lease. The following are photographs of Shoes.com’s new headquarters at Constitution Wharf, courtesy National Development.
Siena at Ink Block luxury condos in South End reach 60% pre-sold benchmark
The upcoming Siena at Ink Block luxury condominiums in the South End, which recently topped off, are already 60% pre-sold. This strong early demand represents the upper South End's recent renaissance, with transformative new developments such as Ink Block bringing new residents and retail options to the area. Siena residents will be located steps from the Whole Foods Market at Ink Block, in addition to multiple desirable restaurants and shops, and a short walk to Downtown Boston, South Boston and the Seaport District. Siena will feature 76 residences, with amenities including a rooftop Sky Lounge and roof deck with sweeping Boston skyline views. Siena is expected to open in early 2018.
BLDUP’s Building of the Week: Constitution Wharf, creative Boston waterfront office space
Situated on eight waterfront acres overlooking the Boston skyline, Constitution Wharf is undergoing a full repositioning which will create 180,000 square feet of creative office space now available for lease. Constitution Wharf will feature revolutionary common spaces, including an outdoor work & social room overlooking Boston Harbor with an oversized media screen, creative seating, interactive event space and a fire pit. The following is a video exhibiting Constitution Wharf and its’ multiple desirable amenities:
Facade weatherproofing and interior framing underway at Siena at Ink Block luxury condos in South End
Large weatherproofing sections have been installed along the facade of Siena at Ink Block, a new luxury condominium building opening next year at Ink Block in the South End. Window and facade finish installation at Siena will begin in the coming weeks. Inside the building, metal stud framing is being installed to partition individual condominiums. Siena will feature 76 new luxury condominiums, which are now on sale, with resident amenities including an indoor-outdoor rooftop sky lounge with sweeping views, a fully equipped fitness center, 24/7 concierge service and on-site parking. The following are photographs of Siena At Ink Block:
Facade installation complete at AC Hotel South End, opening this Fall at Ink Block
Windows and finishes have been fully installed along the facade of AC Hotel South End, a contemporary hotel opening later this year at Ink Block in the South End. Finishing of the building’s 200 guest rooms is now underway; plastering of rooms is nearing completion, and luxurious finishes are being installed throughout. Amenities at AC Hotel South End will include a bar, a lounge area, a fitness center and an indoor pool. The following are photographs of AC Hotel South End:
Weatherproofing underway at The Circle, luxurious new hotel and adult housing opening Early 2018 in Brighton
Both buildings at the 218,520-square-foot Circle mixed-use development in Brighton's Cleveland Circle have topped off, and weatherproofing of the structures is now underway. Windows have been fully installed at the future 92-unit Waterstone luxury adult apartment building, and the building's exterior is just about fully fireproofed. Exterior facade finish installation will begin at Waterstone in the coming weeks. Window installation is well underway at the 162-room AC Hotel, and moisture-resistant cladding installation has begun at the building's base. A total of approximately 14,000 square feet of retail space will be located along The Circle's ground floor; The Circle is jointly developed by National Development and Boston Development Group and is located steps from the MBTA Green Line. Completion of The Circle is anticipated in Early 2018. The following are photographs of The Circle:
Facade installation preparations underway at Siena at Ink Block luxury condos in South End
The eight-story facade of the recently-topped-off Siena at Ink Block luxury condominium residences in the South End is being prepared for installation of exterior finishes. Steel infill walls have been installed along Siena's perimeter up to the building's fourth floor; these walls will support and reinforce Siena's facade, which will consist of distinctive brickwork and metal panels. Within the building, concrete has been poured at the bases of nearly all floors, allowing for framing of individual residences to begin. Opening in early 2018, Siena will feature 76 new luxury condominium residences now on sale with state-of-the-art amenities including a rooftop Sky Lounge and a fully-equipped fitness center. The following are photographs of Siena at Ink Block:
Facade nearing completion, interior finishing underway at AC Hotel South End
Black and grey exterior finish panels have been installed along large sections of AC Hotel South End's facade, and are just about fully installed along Albany Street. Windows have been fitted along all sides of the building, and weatherproofing is fully in place. Inside AC Hotel South End, individual hotel rooms have been framed, and state-of-the-art modern finishes are being installed. Opening this Fall, AC Hotel South End will feature 200 guest rooms with high-class contemporary amenities including a bar, a lounge area, a fitness center and an indoor pool. The following are photographs of AC Hotel South End:
Facade finishing underway at AC Hotel South End, opening this Fall at Ink Block
The first exterior finishes have been installed at AC Hotel South End, a trendy boutique hotel that will open this Fall at Ink Block in the South End. Windows and fireproofing have been installed along nearly the entire building, and individual hotel rooms have been framed inside. In the coming months, the facade will be completed, and the hotel’s interior will be appointed with modern, luxurious finishes. AC Hotel South End will feature 200 guest rooms with desirable amenities including a bar and lounge area, a fitness center and an indoor pool. The following are photographs of AC Hotel South End:
Siena at Ink Block luxury condos in South End top off
A topping-off ceremony was recently held for Siena at Ink Block, the South End’s latest luxury condominium building. Hundreds of construction workers and the Siena project team gathered last Friday (April 28th, 2017) to formally hoist the final steel beam of Siena’s 8-story frame into the sky and install the beam at the frame’s summit.
National Development Managing Partner Ted Tye spoke briefly prior to the beam’s installation, thanking the construction and project teams for their hard work. Siena will be located in National Development’s vibrant Ink Block development, which upon Siena’s completion will be home to nearly 500 housing units, the acclaimed Bar Mezzana, Fuji at Ink Block and Lion’s Tail restaurants and top-quality retail including a Whole Foods grocery store.
Completion of Siena is expected in early 2018; with steel frame construction complete, the construction team will commence facade construction and interior finishing. Concrete slabs have been poured at the bases of nearly half of Siena’s floors, allowing for partitioning of individual residences to begin. Siena’s 76 luxury condominium residences, which will feature sweeping skyline views and desirable amenities including a private rooftop bar and lounge, are currently on sale in studio, 1, 2 and 3-bedroom configurations. The following are photographs from the Siena at Ink Block topping-off ceremony:
Window installation underway at AC Hotel South End
Window installation is well underway at the new AC Hotel South End, and fireproofing is being installed along the building’s façade. Inside AC Hotel South End, metal framing is being installed to partition individual hotel rooms. Opening later this year, AC Hotel South End will feature 200 guest rooms located adjacent to the Ink Block development. The following are photographs of AC Hotel South End:
Siena at Ink Block condominiums in South End near topping off
Siena at Ink Block’s eight-story frame has reached the building’s seventh floor and will soon top off. On completed floors, metal floor decks have been installed to support Siena at Ink Block’s future concrete floor slabs, and perimeter relieving angles have been installed to support the building’s future exterior brick façade. Opening in 2018, Siena at Ink Block will feature 76 luxury residences now on sale. The following are photographs of Siena at Ink Block:
Window installation underway at The Circle in Brighton, new renderings revealed
The Waterstone luxury adult apartment building at The Circle, a two-building mixed-use development in Brighton’s Cleveland Circle, has topped off at six stories high. Windows have been installed along a large section of Waterstone’s facade, and weatherproofing and fireproofing of Waterstone are also underway. Next to Waterstone, the future five-story AC Hotel has reached four stories high and will soon top off. Both buildings at The Circle are expected to open in Early 2018. New renderings of The Circle, including renderings of Waterstone luxury residences, have been revealed and are posted above. The following are photographs of The Circle:
Ink Underground, eight-acre cultural playground, opening at Ink Block in South End this June
National Development, developer of Ink Block in the South End, will open Ink Underground, an 8-acre urban park and cultural playground, in a currently underutilized space underneath the Southeast Expressway (I-93) adjacent to Ink Block. Ink Underground will extend east from Albany Street to Fort Point Channel under I-93 and will also feature pedestrian boardwalks and bicycle paths along Fort Point Channel, creating a new, active connection between the rapidly-developing South End and South Boston neighborhoods.
Amenities at Ink Underground will include 24-hour security, a dog park, a curated series of pop-up food and beverage experiences, public art walls, sculpture exhibitions and a diverse program of special events including a graffiti art festival, an artisan night market and fitness classes. Additionally, a bike storage facility and 175 parking spaces will be located at Ink Underground. National Development has entered into a long-term lease as Ink Underground's operator in a public-private partnership with the Massachusetts Department of Transportation (MassDOT). The following is a rendering of Ink Underground:
AC Hotel South End tops off, weatherproofing underway
AC Hotel South End’s 6-story frame has topped off, and weatherproofing is underway along the facade. The building's first windows have been installed along Albany Street. Opening later this year at the Ink Block, AC Hotel South End will feature 200 hotel rooms, a bar and lounge area, a fitness center, an indoor pool and conference rooms. The following are photographs of AC Hotel South End:
Vertical steel construction starts at Siena at Ink Block condominiums
The first vertical steel columns have been erected to construct Siena at Ink Block's structural frame, bringing the future 8-story South End luxury condominium building above ground level. Frame construction is now underway in earnest. Siena is scheduled to open in 2018 and will feature 76 luxury condominium residences now on sale. The following is a photograph of frame construction underway at Siena:
The six-story, 200-room AC Hotel South End’s superstructure has reached five stories high and will soon top off. Four stories of wood framing have been constructed above the building’s steel-framed podium. Carpenters are hard at work finishing installation of the wood framing’s prefabricated stud walls and flooring. A brick finish section has been installed at AC Hotel South End’s base. AC Hotel South End is scheduled for a late 2017 opening. The following are photographs of AC Hotel South End:
Two premium dining establishments open at The District Burlington
Premium dining establishments Pressed Cafe and Island Creek Oyster Bar are now open at The District Burlington, a 1.3 million square foot office and retail development that is redefining the suburban mixed-use experience. The District Burlington is oriented around a walkable streetscape with outdoor seating and other amenities. The surrounding relaxing suburban environment and exciting dining options make The District Burlington a great place to work and spend a night out. With the addition of Pressed Cafe and Island Creek Oyster Bar, there are now a total of 2,000 restaurant seats at The District Burlington, or two seats for every three District Burlington office workers! Additional dining destinations, as well as a 170-room Marriott Residence Inn hotel, are planned for The District Burlington in 2017.
The Pressed Cafe and Island Creek Oyster Bar teams are excited to become a part of The District Burlington. “We’re delighted to open our second location at The District Burlington, where we’re joining a thriving restaurant community,” says Shore Gregory of Island Creek Oyster Bar. “Chef Jeremy Sewall’s lunch and dinner menu will highlight the incredible farmers and fisherman that we work with, while Jackson Cannon’s beverage program will be a draw for the after-work crowd.” Island Creek Oyster Bar at The District Burlington includes bar and table seating as well as private dining options. “At The District Burlington we have the opportunity to expand our reach within a new, food-oriented community,” says Roi Shpindler, owner of Pressed Café. “Our second location will foster connection and collaboration over fresh, clean food and local, micro-roasted coffee.” Pressed Cafe at The District Burlington features 150 flexible seats designed for gathering, working and playing.
The following are photographs of Island Creek Oyster Bar:
The following are photographs of Pressed Cafe:
The following are streetscape photographs of The District Burlington:
The Circle residential podium erected, hotel foundation construction underway
The first-story podium of the six-story Waterstone adult residential building at The Circle, a 213,000 square foot mixed-use development in Cleveland Circle, has been erected. Wood framing of five floors above the podium's concrete base will now commence. Both elevator cores of Waterstone at The Circle have topped off at six stories tall.
Construction of the AC Hotel at The Circle's foundation is underway. J. Derenzo Companies is at work excavating the foundation, and large sections of concrete have been poured. Steel erection to construct AC Hotel's five-story structural frame is anticipated in early December. Completion of underground utility construction at The Circle is also anticipated in early December. Completion of both buildings at The Circle is anticipated in Fall 2017. The following are photographs of The Circle:
Sepia at Ink Block attains LEED Gold sustainability certification
National Development's Sepia at Ink Block luxury condominium building, which opened in Fall 2015, has attained a prestigious LEED Gold sustainability certification. Sepia achieved LEED Gold based on the building's innovative energy-efficient and environmentally-friendly design. Sepia's efficient use of environmental resources will improve the surrounding environment and result in lower utility bills for residents:
Siena at Ink Block frame construction scheduled for January 2017, building opening 2018
Structural steel erection to construct Siena at Ink Block's frame is scheduled for January 2017 per an Instagram update by the development team. Foundation installation is underway; excavation of Siena's underground parking garage is complete, and all piles have been driven. Siena is scheduled for a 2018 opening, and the building's 76 new luxury residential condominiums are now for sale. Condominiums listings at Siena at Ink Block include a studio for $688,600, a one-bedroom for $957,000 and three two-bedrooms ranging from $1.19 to $1.428 million. The following is the Instagram update:
Island Creek Oyster Bar now open at The District Burlington
Island Creek Oyster Bar opens today (Thursday, November 3rd) evening at 5 PM at The District Burlington, a creative mixed-use development that embodies the future of suburban workspace. Island Creek Oyster Bar is the latest addition to The District Burlington’s growing retail offering. A number of exciting shops and restaurants are already open, and Pressed Cafe will open around November 15th. Visitors to The District Burlington are treated to a relaxing suburban environment with urban amenities and conveniences centered about a walkable street grid and natural beauty, making The District Burlington a unique, inspiring place to work or spend a night out. Learn more about The District Burlington’s exciting offerings above. The following are photographs of the new Island Creek Oyster Bar at The District Burlington, courtesy Michael Harlan Turkell:
National Development cuts ribbon on new office space at The District Burlington
National Development held a ribbon cutting ceremony last Wednesday (October 19th, 2016) for Building 700, a newly expanded and improved office building at The District Burlington. The ribbon cutting coincided with Octoberfest, an annual after-work outdoor party for District Burlington tenants held on the Building 800 lawn with food, craft beer and a corn hole competition. Octoberfest attendees were delighted to visit Building 700’s newly opened roof deck, sit back in a comfortable chair and take in sweeping sunset views across the idyllic surrounding countryside. New improvements to Building 700 include a new lobby and a four-story, 80,000 square foot glass-curtained addition with floor-to-ceiling windows, an open floor plan and the aforementioned 4,000 square foot roof deck. The roof deck features outdoor seating, television screens, a fireplace, grilling stations and a bar.
The District Burlington’s exciting retail offerings will soon be joined by Island Creek Oyster Bar, opening around November 1st, and Pressed Cafe, opening around November 15th. Both retailers will offer outdoor seating, providing desirable urban conveniences in a peaceful suburban setting located a short drive from Downtown Boston. A Marriott Residence Inn hotel, which is about to top off at six stories tall, will further activate The District Burlington; the hotel is expected to open in 2017.
The District Burlington is a great place to work with refreshing surroundings and a plethora of engaging retail options. Office and retail spaces are currently available at The District Burlington ranging from 1,000 to 200,000 square feet, including at the new Building 700 addition. There is also opportunity to construct an approximately 180,000 square foot build-to-suit office building at The District Burlington. Visit DistrictBurlington.com for more information. The following are photographs of Building 700's facade:
The following are photographs of Building 700's interior:
The following are photographs of the new Building 700 roof deck:
The following are photographs of Building 700's entrance:
The following is a photograph from the Building 700 ribbon cutting:
The following are photographs from Octoberfest:
The following are photographs of The District Burlington's hotel and retail options:
National Development has released a new video presenting the recently opened Ink Block Apartments, now leasing in the South End's New York Streets neighborhood. The video shows the latest perspectives of Ink Block including common spaces, units and the development's signature Skyline Pool.
Condominiums at Siena at Ink Block, a new 76-unit luxury condominium building, are now for sale. The Sweetgreen, Fuji at Ink Block and Bar Mezzana restaurants are now open at Ink Block. Corepower Yoga will open at Ink Block in November, with the Bottled in Bond restaurant soon to follow. The following is the new Ink Block video:
Experience the future of suburban workspace at The District Burlington
National Development has opened a new Experience Center at The District Burlington, giving potential tenants the opportunity to experience firsthand the property’s innovative workspace design. The Experience Center exhibits the future of suburban workspace. Furnishings are brightly, creatively designed and arranged in an interconnected, open layout that encourages collaboration and teamwork. No two parts of the Experience Center are alike, engaging visitors to delve into the space's diverse offerings. At the Experience Center’s center are a treadmill and core balance stools, encouraging corporate wellness. Sweeping, calming views of the surrounding greenery and nature trails abound.
Visit DistrictBurlington.com to schedule a tour of the Experience Center and for The District Burlington leasing information. Workspaces are currently available at The District Burlington ranging from 1,000 to 200,000 square feet, including the newly constructed 80,000 square foot, four-story glass-curtained Building 700 addition with floor-to-ceiling windows, an open floor plan and a private roof deck. There is also opportunity to construct an approximately 180,000 square foot build-to-suit office building at The District Burlington. The following are photographs of the Experience Center, courtesy National Development:
AC Hotel South End's six-story structural frame is now rising above the hotel's completed foundation. Steel framing has risen one story above grade and will contain the future hotel's bar and lounge area, fitness center, indoor pool and conference rooms as well as part of the at-grade parking area. Opening late 2017, AC Hotel South End will be a 200-room AC Hotel by Marriott located in the South End adjacent to the Ink Block development. The following are photographs of AC Hotel South End:
A new suburban experience arises at The District Burlington
National Development has redefined the suburban experience with The District Burlington, a dramatic transformation of a 9-to-5 1970s office park into a dynamic, 24/7 walkable place. Finishing touches are now underway on a four-story, 80,000 square foot glass-curtained addition to the 11-story, 200,000 square foot Building 700, a landmark office tower positioned at the center of The District Burlington and prominently visible from nearby Route 128. Designed to encourage a healthy, collaborative working environment, the Building 700 addition features abundant natural lighting, floor-to-ceiling windows, an open, customizable floor plan and a private roof deck with sweeping views of The District Burlington's peaceful, green setting.
New retail spaces and a 170-room hotel are enlivening former surface parking lots at The District Burlington. Tavern in the Square, TD Bank and Tuscan Kitchen are now open, with Island Creek Oyster Bar and Pressed Cafe soon to follow. The hotel, a Marriott Residence Inn, is expected to open in 2017; wood framing of upper hotel floors is underway. A walkable street grid has been introduced with widened sidewalks, public plazas and a bike share program.
Visit DistrictBurlington.com for more information about office and retail leasing opportunities at The District Burlington. The following are photographs of The District Burlington:
Siena at Ink Block underground parking excavation underway, condominiums for sale
Siena at Ink Block’s 31-space underground parking garage is just about fully excavated. A retaining wall consisting of H piles and wooden lagging has been installed along the garage’s perimeter to retain the future building’s foundation. A horizontal foundation support system consisting of large-diameter round steel beams has been installed across the garage to further reinforce the foundation. Concrete piles have been driven into the base of the garage to support the future building. Visit the construction site’s camera for real-time imagery of Siena at Ink Block as well as the neighboring AC Hotel South End project.
Siena at Ink Block, the next phase of National Development’s successful Ink Block development located in the South End’s New York Streets neighborhood, will be an eight-story building featuring 76 luxury condominium units. Visit SienaBoston.com for condominium sales information. A number of condominiums will be maisonettes opening directly onto street level, a first for the rapidly-developing neighborhood. Resident amenities will include a rooftop Sky Lounge with both indoor and outdoor spaces featuring sweeping skyline views. Other amenities will include a fitness center, 24/7 concierge service and convenient access to Ink Block’s multiple retail offerings including Whole Foods Market and the recently opened Bar Mezzana, Fuji at Ink Block and Sweetgreen restaurants. The following are photographs of Siena at Ink Block:
AC Hotel South End concrete foundation pouring underway
Pile driving is complete at AC Hotel South End, and concrete is being poured to construct AC Hotel South End’s foundation. J. Derenzo Companies is performing foundation excavation. The hotel’s basement level has been built, and concrete foundation walls and footings are being constructed throughout the construction site. AC Hotel South End will be a 200-room AC Hotel by Marriott located in the South End adjacent to the Ink Block development. Guest amenities will include a bar and lounge area, a fitness center, an indoor pool and conference rooms. 63 surface parking spaces will be constructed adjacent to the hotel. The following are photographs of the AC Hotel South End site:
American Realty Advisors acquires University Station retail component for $206 million
Last Wednesday (August 17th, 2016), California-based real estate investment manager American Realty Advisors acquired the 400,000 square foot retail component of the two million square foot, 120-acre multi-phased University Station development in Westwood for $206 million as recorded in the Norfolk County Registry of Deeds. The retail component opened recently, in March 2015, and features leading tenants including Wegmans, Target, Lifetime Fitness, Nordstrom and Panera Bread. The following is a link to the official press release announcing American Realty Advisors' acquisition, and the following is the deed for the acquisition:
Waterstone at The Circle foundation nearing completion, pre-leasing begins
Foundation work is nearing completion at Waterstone at The Circle, a 92-unit luxury adult apartment community under construction in Cleveland Circle. Waterstone at The Circle is the first component of The Circle, an approximately 213,000 square foot, $85 million development project partially located in Boston and Brookline. The Circle will entail the construction of the six-story Waterstone at The Circle as well as a five-story, 162-key AC Hotel by Marriott on the site of the former Circle Cinema and Applebee’s Restaurant. Approximately 6,000 square feet of retail fronting Chestnut Hill Avenue will be located across both buildings. A total of 188 parking spaces will be located on site, including 103 underground and 85 at grade. The following are renderings of The Circle:
View South along Chestnut Hill Avenue
View North along Chestnut Hill Avenue
The Circle open space
View of The Circle from Cassidy Playground
The Circle development team, a joint venture of National Development and Boston Development Group, secured over $80 million of project financing in March 2016 through Santander Bank; the exact financing figure is $80,084,251. Work on the AC Hotel will begin shortly, and completion of both buildings is expected by Fall 2017. Pre-leasing of apartments at Waterstone at The Circle has begun, visit ClevelandCircleDevelopment.com for more information.
J. Derenzo Companies has just about fully excavated the section of The Circle’s single-level, 103-space underground parking garage that will be located underneath Waterstone at The Circle. Part of the garage will also be located underneath the AC Hotel. Concrete has been poured along nearly all vertical sections of the Waterstone at The Circle garage, and the building’s seven-story elevator core has risen to the future ground floor. Pile driving is complete at Waterstone at The Circle, and concrete is being poured atop pile caps to create Waterstone at The Circle’s foundation. Excavation rigs and other construction vehicles and equipment are staged on the future site of the AC Hotel. The following are photographs of the Circle site:
View East of Waterstone at The Circle foundation
View West of Waterstone at The Circle foundation
View West of Waterstone at The Circle foundation
Concrete pouring underway along East Section of Waterstone at The Circle foundation
Concrete pouring underway along East Section of Waterstone at The Circle foundation
J. Derenzo Companies has completed initial excavation and pre-trenching at AC Hotel South End. Pile driving is now underway; precast concrete piles averaging 100 feet long are being driven into the ground to provide structural support for the future AC Hotel South End building.
Pile driving rig
Precast concrete piles ready for driving
Partially driven piles
View of AC Hotel South End site looking towards Troy Boston
Tips of shortened piles; piles at AC Hotel South End will average 100 feet long
More information about AC Hotel South End is posted below.
May 8, 2016
J. Derenzo Companies completes demolition, starts excavation at AC Hotel South End
J. Derenzo Companies’ JDC Demolition has fully demolished two former structures at the AC Hotel South End site, and demolition debris has been fully cleared. Work has begun on AC Hotel South End’s foundation; J. Derenzo Companies has started initial excavation and pre-trenching to prepare the site for pile driving.
View of AC Hotel South End site looking towards Downtown Boston
View of AC Hotel South End site looking towards Troy Boston
Backhoe (at left) and excavator (at right) used for initial excavation and pre-trenching
J. Derenzo Companies demolishes last section of Circle Cinema
J. Derenzo Companies' JDC Demolition division demolished the last standing section of Circle Cinema early Saturday morning. The way has now been cleared for construction of new hotel and senior housing buildings expected to be complete in 2017. The following is a video by National Development's Ted Tye showing the last standing section's demolition:
J. Derenzo Companies demolishes former Circle Cinema building
J. Derenzo Companies' JDC Demolition division has just about fully demolished the former Circle Cinema building in Cleveland Circle:
The Applebee's restaurant building formerly located on site is completely demolished. All that remains of Circle Cinema is a single former screening room:
Circle Cinema contained seven screening rooms prior to demolition. Virtually the entire theater has been reduced to rubble:
The hollowed shell of Circle Cinema is visible from the neighboring ballpark:
Part of the former Circle Cinema parking area remains underneath the remaining screening room:
The Circle Cinema site presents a unique transit-oriented location abutting an active rapid transit line and within walking distance to multiple public transportation options:
A new hotel building and senior housing building will be built on the Circle Cinema site. Anticipated project completion is in 2017. More information about the Circle Cinema Redevelopment project is posted below.
We had the honor and privilege of attending the topping off ceremony for the Building 7 addition at The District Burlington. Thanks again to National Development and the project team for hosting us! It was exciting to watch the final beam, featuring a distinctive paint job, rise above the project site and come into place on the addition’s fourth floor rooftop. The Building 7 addition topped off on Thursday, February 25th, 2016. The following are photographs from the ceremony:
The 54,000 square foot addition to Building 7 is being constructed in conjunction with a renovation of the existing structure to create a modern office tower well suited for 21st century innovation. Upon completion, Building 7 will feature naturally lit open workspace with a green roof deck. The Building 7 addition will feature a gleaming glass curtain overlooking lush landscaping and the overall District Burlington development area. A total of 80,000 square feet of new office space will be built at Building 7; the original Building 7 consists of approximately 200,000 square feet of office space.
A walkthrough of the Building 7 project site yielded distinctive features including a backup generator enclosure that will ensure the building is consistently powered:
Backup generator enclosure
The District Burlington development is easily accessible by car via Route 128 (America’s Technology Highway) and by public transportation via a shuttle to and from nearby train service.
Much progress has also been made at other parts of The District Burlington. Along District Avenue, Tavern in the Square has opened in a gleaming new retail space. Other retail spaces are nearing completion; these will feature desirable retailers including Island Creek Oyster Bar, Pressed Cafe and TD Bank. A new Residence Inn hotel has also begun construction; developed by Finard Properties, the hotel will feature 170 rooms with amenities including a business center, meeting space and a restaurant. (Note: The hotel site has been acquired by Finard Properties; the hotel's architect is Group One Partners, and the hotel's general contractor is Callahan Construction Managers.)
The District Burlington is redeveloping a 1970s office park into a walkable destination that will attract visitors both during and outside of work hours. New parking structures are under construction to accommodate what will undoubtedly be an influx of visitors to The District Burlington. The glass curtain of the Building 7 addition will be an inviting backdrop to a revitalized, walkable District Avenue.
J. Derenzo Companies' JDC Demolition has nearly fully demolished two low-rise buildings on the AC Hotel South End site. Construction of the future hotel's foundation will soon commence with initial excavation and pre-trenching to prepare the site for pile driving.
View of AC Hotel South End site looking towards Downtown Boston
Soon-to-be-demolished foundation of a former building
A location of salad chain Sweetgreen, who recently opened a location in Fort Point next to soon-to-open Caffe Nero
This spring, the South End Open Market will move across Harrison Avenue from Ink Block. A Harrison Avenue redesign is also in the works with bike lanes, plantings, wider sidewalks and other improvements.
Siena, a 76-unit condominium building, and AC Hotel South End, a 200-room hotel, are currently under construction at Ink Block. This spring, construction will commence at 345 Harrison Avenue, located across Harrison Avenue from Ink Block. 345 Harrison Avenue, a mixed-use development by UDR, will contain approximately 577 residential units and 33,500 square feet of retail. Related Beal has also filed a Letter of Intent to construct a residential development at the former Quinzani's Bakery site located across Traveler Street from Ink Block.
J. Derenzo Companies commences demolition at AC Hotel South End
J. Derenzo Companies' JDC Demolition has commenced demolition on the AC Hotel South End site! Work began on Thursday; today, J. Derenzo Companies is demolishing the former taxi dispatch building on site. We are very excited to watch J. Derenzo Companies prepare National Development's AC Hotel South End site for a distinctive building that will bring new energy to a rapidly growing corner of Boston's South End.
Initial work at AC Hotel South End starting within next 30 days
Demolition on the AC Hotel South End site will begin in approximately 30 days according to a Boston Business Journal report. As shown in our photographs below, construction fencing has already been installed surrounding the AC Hotel South End site.
This week, on Monday, February 22nd, National Development transferred ownership of the AC Hotel South End site from South End Hotel I LLC and South End Hotel II LLC, entities who have controlled AC Hotel South End's land acquisition, to Albany Street Hotel LLC, an entity who controls AC Hotel South End's financing and development. Sale price was $10M. The following is the deed for the transfer:
Construction fencing installed at AC Hotel South End
Construction fencing has been installed surrounding the AC Hotel South End project site. Demolition of the existing buildings on site is anticipated imminently to make way for the construction of a new 200-room hotel. The AC Hotel South End site is located on Albany Street adjacent to the Ink Block development. Both projects are developed by National Development.
View of AC Hotel South End site towards Downtown Boston
View along Albany Street towards Downtown Boston
View from Albany Street towards Ink Block
View along Albany Street towards Downtown Boston
The following are pre-construction photographs of the AC Hotel South End site taken in January 2016:
View of AC Hotel South End site towards Downtown Boston
Construction has begun on the Circle Cinema Redevelopment in Cleveland Circle. J. Derenzo Companies will soon begin demolition of the existing Circle Cinema and Applebee's buildings on site. Asbsetos removal and installation of construction fencing started Monday. Cranshaw Construction is managing the Circle Cinema Redevelopment.
The following are photographs of Circle Cinema and the adjacent Applebee's restaurant:
We were impressed by the quality of finishes and layout of spaces on our recent tour of Chroma, a cutting edge new luxury apartment building now leasing in Cambridge's delightful Cambridgeport neighborhood. Chroma's common areas are thoughtfully designed with attractive furnishings and amenities, such as a state-of-the-art gym and a lounge featuring a pool table, that promote an active and collaborative lifestyle. With a resident Think Space, high-speed wireless internet in all common areas and a convenient location steps to Kendall Square and MIT, Chroma also fosters innovation, teamwork and 21st century thinking.
Our photographs of Chroma are posted above. Take a look at Chroma's distinctive artwork, roof deck, communal spaces, units and more. Additional photographs are posted further below. Also watch our video interview about Chroma with National Development's Jessica Buonopane (Vice President of Residential Properties) and John Felix (Development Project Manager); National Development is a developer of Chroma and Chroma's building manager. Video is embedded below.
During Chroma's construction, an old granite lion sculpture was unearthed. Subsequently named Sidney, the lion is now on display in Chroma's landscaped courtyard. Watch the Chroma team's video of Sidney the Lion's installation, embedded below. Photographs of Sidney the Lion in his new home are also posted above.
A deed was recorded today in the Suffolk County Registry of Deeds transferring ownership of the Circle Cinema site from National Amusements Inc. to Cleveland Circle Development Associates LLC, an affiliate of National Development and Boston Development Group, for $1. Construction of a new AC Hotel and senior housing on the site is expected to commence in 2016. The following is today's recorded deed:
National Development and Boston Development Group, developers of the Cleveland Circle Redevelopment project, acquired the Circle Cinema development site for a total of $9.5 million in November 2014.
The developers closed on the acquisition of the Circle Cinema theater site on November 16th, 2014 for $5.5 million. The following is the deed for the sale recorded in the Norfolk County Registry of Deeds:
The developers closed on the acquisition of the adjacent Applebee's restaurant site on November 26th, 2014 for $4 million. The following is the deed for the sale recorded in the Suffolk County Registry of Deeds: