The Beverly

Courtyard Marriott Hotel at The Beverly Refinanced for $90 Million

The Courtyard Marriott Hotel at The Beverly in Boston has been refinanced for $90 million via HSBC Bank.

The 220-room Courtyard Marriott hotel is part of the 14-story mixed-use building featuring 239 top-quality, mixed-income apartment residences, that also features 10,000 square feet of ground-floor retail. 

The Beverly Mortgaged for $85 Million

The residences at 101 Beverly Street in Boston's Bulfinch Triangle has been mortgaged for $85 Million via Wells Fargo Bank.

The 14-story mixed-use building features 239 top-quality, mixed-income apartment residences, a 220-room Courtyard Marriott hotel and 10,000 square feet of ground-floor retail. The Beverly is Downtown Boston’s first 100% affordable and workforce housing development in over 25 years; residences are rented to households with incomes ranging from 30 to 165 percent of Area Median Income (AMI).

The Beverly, Boston’s largest new-construction affordable housing building in over a quarter century, opens to residents

The Beverly, the City of Boston’s largest new-construction 100%-affordable and workforce housing building in over a quarter century, has opened to residents. Located in Downtown Boston steps from North Station, The Beverly features 239 studio, one-, two- and three-bedroom affordable and workforce apartment residences, with amenities such as a 24-hour attended lobby, a fitness center, a party room, a kid’s room and an outdoor terrace and grill overlooking the Boston skyline. Residences are rented to households with incomes ranging from 30 to 165 percent of Area Median Income (AMI), providing much-needed affordable housing in Boston’s urban core. The 484,000-square-foot Beverly building also includes a 220-room Courtyard Marriott hotel, which is due to open in the coming weeks, and 10,000 square feet of ground-floor retail. The following are photographs of The Beverly:

Related Beal unveils The Beverly, Downtown Boston’s first 100% affordable and workforce housing development in over 25 years

Related Beal has unveiled The Beverly, formerly known as Parcel 1B, a 484,000 square foot building which will be Downtown Boston’s first 100% affordable and workforce housing development in over 25 years. The Beverly will feature 239 top-quality apartment residences, including much-needed family-sized apartments, providing downtown living at a moderate price. The building will also include a 220-room Courtyard Marriott hotel and 10,000 square feet of ground-floor retail. Lease applications for residences will be available from July through September 6th, with move-ins expected in early 2018. The latest building information and renderings are posted above.

Facade nears completion at Parcel 1B development in Bulfinch Triangle

Installation of brick and glass curtain wall finishes along the Parcel 1B development’s multifaceted facade is essentially complete. Facade sections that will be finished with metal panels are being fireproofed, and the last few windows are being installed along the brick and metal panel sections. Inside the building, framing of individual apartment and hotel units has begun. Upon the development’s opening in early 2018, Parcel 1B will feature a 220-room Courtyard Marriott hotel, 239 mixed-income rental apartment residences, and 10,000 square feet of ground-floor retail. The following are photographs of Parcel 1B:

Facade installation underway at Parcel 1B in Bulfinch Triangle

The 14-story Parcel 1B hotel, retail and affordable housing building in Bulfinch Triangle is nearly fully sealed. Exterior weatherproofing has reached the building's top floor, brick finishes have reached the 12th floor and the glass curtain wall has reached the 10th floor. Parcel 1B is expected to open within the next year and will feature 239 affordable residential apartments, a 220-room Courtyard Marriott hotel and ground-floor retail. The following are photographs of Parcel 1B:

Parcel 1B in Bulfinch Triangle tops off

A topping off ceremony was held yesterday (November 10th, 2016) for Related Beal’s 14-story Parcel 1B apartment and hotel building in Bulfinch Triangle, which has reached its’ full height after just 23 weeks of construction. A large section of the Parcel 1B building’s facade, which includes precast brick panels, has been installed.

The Parcel 1B building will feature 239 affordable apartments targeted to upper-middle, moderate and low-income households. The hotel component will be a Courtyard Marriott and will feature 220 rooms. The Parcel 1B building is scheduled for completion in early 2018; Related Beal will open the housing inquiry list in early 2017. The following are photographs of the Parcel 1B building:

J. Derenzo Company is actively preparing the Parcel 1B construction site for construction of a 14-story building. Formerly known as The Merano, the building at Parcel 1B will include a 220-room Courtyard Marriott hotel and 239 affordable workforce apartments. At the Parcel 1B groundbreaking ceremony on Thursday, we got to see J. Derenzo Company at work performing excavations and pile driving for the building’s future foundation.

We had the honor and privilege of joining developer Related Beal at Parcel 1B’s official groundbreaking ceremony on Thursday. We are very excited to watch J. Derenzo Company and Consigli Construction build Parcel 1B, a development project that will create new community-driven housing opportunities in downtown Boston and bring new residents and visitors to the Bulfinch Triangle neighborhood. Photographs from Thursday’s groundbreaking ceremony are posted above.

Related Beal is also the developer of Lovejoy Wharf in Bulfinch Triangle and Congress Square in Boston's Financial District. The company recently acquired the former Quinzani's Bakery site in Boston’s South End and filed a letter of intent with the Boston Redevelopment Authority to construct a new residential development.

Construction fencing has been installed at The Merano, and initial site work is kicking off! New photographs posted.

Construction is set to begin this week at The Merano. New pre-construction photographs posted.

Boston developer proposes downtown apartment complex for low and middle income residents—Boston Globe, 4/29/2015