The Parker Update 12/06/18

Fortis Property Group Acquires Stake in 47-55 LaGrange Street

Brooklyn-based Fortis Property Group has acquired a stake in the development at 47-55 LaGrange Street in Boston's Downtown Crossing neighborhood for $17.7 million.

The approved 21-story tower which will feature 176 luxury residential units including studios, one-bedrooms, and two-bedrooms in the heart of Downtown Crossing. The tower’s facade will feature a mix of glass and precast panels. Units will be graced with floor-to-ceiling windows. 20 vehicle parking spaces and 176 bicycle storage spaces will be located on site. 47-55 LaGrange Street is expected to achieve LEED Silver efficiency certification.

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