Dec 10, 2017
Construction of 78 mixed-income apartments begins at Parcel U in Forest Hills
Construction of A.O. Flats, a five-story mixed-use building at the corner of Hyde Park Avenue and Ukraine Way in Jamaica Plain’s Forest Hills neighborhood, has begun. Developed by The Community Builders, the LEED Silver-sustainable A.O. Flats will feature 78 mixed-income apartment residences, including 38 designated affordable to middle-income households and 40 designated affordable to low-income households, with 1,620 square feet of ground-floor retail and 1,040 square feet of community space. Initial site excavation at the A.O. Flats site is now underway in order to construct the building’s 42-car underground parking garage.
A.O. Flats will be the third phase of the Parcel U development; the first phase, 24 energy-efficient townhouse condominium residences known as Tilia, is now complete, and the second phase, 24 additional townhouse condominiums, will soon begin construction. Phases One and Two are developed by Urbanica in partnership with Luzern Associates. The 2.9-acre Parcel U is located steps from the Forest Hills transit station. The following are photographs of work underway at A.O. Flats:
Oct 17, 2017
Tilia condominiums, first phase of Parcel U development in Forest Hills, nearing completion
Construction of Tilia, a 24-unit condominium development across five new-construction buildings that is the first phase of the 200,000-square-foot Parcel U development in Jamaica Plain's Forest Hills neighborhood, is nearing completion. Exterior finishes have been just about fully installed along all five buildings' facades, and finishing touches are being placed upon kitchens, living areas and exterior roof decks and porches.
Completion of Tilia is expected in November 2017. Residences are now on sale starting at $499,000 ranging from 1+bed, 1 bath to 3 bed, 2.5 bath configurations. The development, named after the Jamaica Plain neighborhood's abundance of flowering Tilia trees, is built to top sustainable standards. Each building features double insulated walls, triple pane windows, and high efficiency heating and cooling systems.
In total, the Parcel U development will construct 124 residences, including 48 condominiums and 76 apartments, as well as 1,620 square feet of ground-floor retail and 1,040 square feet of community space. The following is a photograph of Tilia, courtesy project general contractor Kaplan Construction:
May 26, 2017
GFC acquires approved 20-unit Fenway condominium development for $4.2 million
Luxury residential developer GFC Development of Somerville has acquired 50 Symphony Road, a 6,000-square-foot (0.14-acre) development site approved for construction of a 20-unit condominium building, for $4.2 million. The sale amounts to $30 million per acre; the site's seller is Boston Union Realty, who acquired the site for $3 million, or $21,428,571.40 per acre, in June 2011 and received approval to construct the building in 2013. The 5-story approved building is designed by local developer, architect and general contractor Urbanica. 1010 Holdings LLC, a Las Vegas limited-liability company managed by Lance Kurness, provided $1.6 million of mortgage financing for GFC's acquisition of 50 Symphony Road. GFC is currently building Arya, a 32-unit luxury condominium building in South Boston.
May 11, 2017
Foundation construction underway at Dudley Square’s Melnea Hotel and Residences
Excavation and concrete pouring are underway at the 1.3-acre Melnea Hotel and Residences site in Roxbury’s Dudley Square in order to construct the foundations of two new buildings. The Melnea Hotel and Residences project will construct a six-story, 108-room Marriott Residence Inn hotel and a six-story, 50-unit apartment building on a long-vacant parcel at the corner of Melnea Cass Boulevard and Washington Street. The following are photographs of Melnea Hotel and Residences:
Apr 23, 2017
Sales start at Tilia condominiums, first phase of Parcel U development in Forest Hills
Sales have launched at Tilia, a 24-unit sustainable luxury condominium development located in Jamaica Plain’s Forest Hills neighborhood. Tilia is the first phase of the 200,000 square foot Parcel U development, which will construct 124 residences, including 48 condominiums and 76 apartments, as well as 1,620 square feet of ground-floor retail and 1,040 square feet of community space. Tilia condominiums start at $499,000 for an 828 square foot, 2-bedroom/1-bathroom unit, with units available up to 1,825 square feet in size.
Tilia is developed by a joint venture of Urbanica and Luzern Associates. Eastern Bank is providing $8.545 million of construction financing for Tilia, on which the development team closed in October 2016. Expected completion of Tilia is in late 2017. Renderings of Tilia, as well as more information, are posted above.
Dec 29, 2016
Melnea Hotel and Residences developer obtains Roxbury hotel development site and financing
The Melnea Hotel and Residences development team has closed on the long-term lease of the city-owned Roxbury site on which the $38 million mixed-use project will be built. The team also closed on nearly $30 million of financing, allowing construction of the project to proceed in earnest. Initial site work is now underway at the 1.3-acre Melnea Hotel and Residences site on Melnea Cass Boulevard in Roxbury’s Dudley Square neighborhood. Urbanica will develop the property, and Colwen Management will manage the hotel.
Aug 15, 2016
Melnea Hotel and Residences site and utility work expected this fall
Banker & Tradesman reports that site and utility work at the Melnea Hotel and Residences site is expected to commence this fall, enabled by a $1.6 million MassWorks infrastructure grant awarded to the project, according to Urbanica President Kamran Zahedi. Urbanica is reportedly in talks with lenders to secure additional financing for the project and is in ground lease negotiations with the Boston Redevelopment Authority (BRA) for the 1.3-acre Melnea Hotel and Residences site located at the corner of Melnea Cass Boulevard and Washington Street, which is owned by the city and state. A six-story, 108-room Marriott Residence Inn hotel and a six-story, 50-unit residential rental apartment building with a total of 8,000 square feet of retail will be constructed as part of the Melnea Hotel and Residences project. This page will be updated with additional information as it becomes available. The following are renderings of Melena Hotel & Residences:
View from Melnea Cass Boulevard with residential building at left and hotel at right
View of hotel at corner of Melnea Cass Boulevard and Washington Street
Mar 09, 2016
Parcel U construction start expected in five months
A deed was recorded today in the Suffolk County Registry of Deeds transferring the Parcel U approved development site from JP Parcel U Phase 1, LLC to Parcel U Phase A LLC for $1. Both limited liability companies are registered to Urbanica, who is the developer, design manager and contractor of the Parcel U project.
A representative of Urbanica was available for comment. Today's deed was in order to bring a partnership together for investment and financing; Urbanica is raising capital for the Parcel U project. The project is expected to start construction in five months; shovels should be in the ground by early fall 2016. The project will be built in three phases. Today's deed is posted below: