Construction Ongoing for 355 Congress Street in Fort Point
A unique copper and brick facade is in place for the penthouse addition added to 355 Congress Street in Fort Point. Boston Property Ventures acquired the 4th and 5th floors of 355 Congress Street in 2018 which included roof rights and a pre-existing permit to construct two side-by-side duplex residential units and introduce a 3000 square foot penthouse addition. The units will feature dramatic ceiling height, custom designer kitchens, and natural stone finishes throughout the bathrooms. The two penthouse duplex units will each have their own roof decks which will provide spectacular panoramic views of the Seaport District and Boston Skyline.
Construction is expected to wrap up in September.
South Boston Development Approved
The project at 400 West Broadway in South Boston has been approved by the BPDA.
The approved new five-story 36-unit mixed-use building will have an overall height of 54 feet and 6 inches along West Broadway. The site is currently occupied by a three-story mixed-use building. The project calls for at-ground and below-ground level garage with spaces for 34 vehicles.
The basement level will also contain a bicycle storage room, a communication shed, stroller storage, commercial space, maintenance office and workshop, sprinkler room, electrical room, trash storage, and an elevator entrance. Along with the parking garage, the ground level will also have a utility room, two commercial retail spaces, and the residential lobby.
Addition and Renovation Underway at 355 Congress St.
Construction is ongoing in Fort Point for the renovation and addition to 355 Congress Street. The project is adding a 6th floor to the building with a roof deck on top. Renovations to the interior will create 8 new luxury condos. The first floor of the building is occupied by Lucky's Lounge, which remains open during construction.
36 Unit Project Proposed on West Broadway in South Boston
Wallace Property Company & Boston Property Ventures have proposed a 5 story, 36 unit project at 400 West Broadway. The ground floor of the project would also house two retail spaces. The development would replace the existing mixed-use building on the site. According to the project notification form, the development team hopes to begin construction in the second quarter of 2019.
Interior Finishing Ongoing at Triple 9 Hillside in Quincy
Interior Finishing is ongoing for the new luxury apartment community, Triple 9 Hillside, just outside Quincy Center. The 60 unit property will feature a fitness center, roof deck, and rec room. There is also parking for 83 cars in the garage at the property. Pre-leasing has started with expected completion in the coming months.
Exterior Work Continues of Triple 9 Hillside in QuincyWith an anticipated opening this fall, work is ongoing at Triple 9 Hillside, in Quincy. This 60-unit luxury apartment community will feature a fitness center, roof deck, and ample outdoor space. 83 garage parking spaces are also available for resident use. The project is located just minutes from Quincy Center with easy access to shops, restaurants and the MBTA.
Lyons Group Refinances Lucky's Lounge PropertyBoston-based restaurant management group, Lyons Group, has refinanced their property at 355 Congress Street via The Cooperative Bank for $3.5 million.The ground floor of the property is home to popular bar and restaurant, Lucky's Lounge. The building sits in Boston's Fort Point neighborhood and is located adjacent to Trillium Brewing and across the street from Cafe Nero.
Triple 9 Hillside in Phase 2 of 2Triple 9 Hillside, phase 2 of the Hillside development project by Boston Property Ventures, will begin leasing this spring (2018).The finished building will consist of 60 rental units over five stories, a two-floor parking garage underneath with 83 parking spots (a ratio of 1.4 per unit), 65,800 sf of living area which include the same high-end amenities provided in adjacent Brookside at 999 Hancock (state-of-the-art gym, spacious roof deck, private balconies and a billiard/recreational room).Construction is currently projected to be completed by July 2018 in order to hit the premium lease-up date of September 1.
Interior finishing beginning at Boston Property Ventures’ 59 Auburn Street condominiums in Brookline’s Coolidge Corner
Boston Property Ventures (BPV)’s 59 Auburn Street, an under-construction condominium development located in Brookline’s desirable Coolidge Corner neighborhood, has been fully sealed, with black metal-framed windows installed throughout and attractive navy blue and white siding nearly fully installed along the building’s facade. BPV has expertly maximized the livable square footage of the pre-existing 59 Auburn Street home, utilizing an unfinished basement and altering the pitch of the building’s roof to create over 2,000 additional square feet, expanding the building to 6,500 square feet total. Inside the building, framing of individual condominiums with wood is now underway.
In the coming months, BPV will install premium finishes throughout 59 Auburn Street’s three high-end, luxury condominiums, which will be available for purchase starting this April. Condominiums will include a duplex on lower floors, which will be deeded the rights to 59 Auburn Street’s rear yard, and two floor-through condominiums on upper floors. All 59 Auburn Street residences will include exterior deck space. A total of three parking spaces will be available for sale at 59 Auburn Street. Completion of construction is expected this June. The following are photographs of 59 Auburn Street:
BPV CEO Peter McLoughlin and His “Elves” Present Donation to support QCARE families.
Above: Quincy After School administrators meet with Peter McLoughlin, CEO of Boston Property Ventures (BPV) to receive gifts purchased by employees of BPV for QCARE families in need.
QUINCY, Massachusetts, January 5, 2018 - As a generous supporter of QCARE (Quincy After School Child Care), Boston Property Ventures (BPV) has spread holiday cheer throughout Quincy by stepping up for the third year to organize their own donation drive to fulfill wish lists of QCARE families in need. BPV’s CEO Peter McLoughlin and his team of “Santa’s elves” presented a sleigh full of donated gifts for children and families.
“The residents of Quincy and the city of Quincy have been good to us as a development firm. Our Partnership with QCARE is our way of saying thank you to the people of Quincy. It is our way of paying it forward, which has been a part of our company culture since founding over 15 years ago,” said Quincy native and BPV CEO Peter McLoughlin.
Recipients of BPV’s generous donations are QCARE program participants with demonstrated need, including families with children receiving state subsidized care, children in foster homes, those on QCARE tuition scholarships, or families who have come upon unexpected hard times.
Upon receiving the gifts and a grocery store gift card all generously provided by Boston Property Venture employees, a recipient who has experienced an extremely turbulent year wrote, “It blew me away that a stranger, someone who has never met us, wanted to help us. I started to look at people different from that day on because by your caring, compassionate, selfless act, I was finally able to see that there are still good people who don't judge or even have to know someone's circumstances to reach out and help. I am forever grateful to you and hope that I can be even half the person you are and help someone else in need when I am able to.”
“Giving is what the season is all about, and we are so grateful for the generous employees at BPV. Mr. McLoughlin’s leadership of his company and our Board will only continue to benefit this community”, said QCARE Executive Director, Sarah Morrison. In November, Peter McLoughlin was named President of the QCARE Board of Directors. “It is important that we continue to find strong business partners like BPV to help support QCARE in our mission to serve the children and families of this community,” Morrison said. QCARE will celebrate 30 years of non-profit services in the Quincy community with a celebration gala at Granite Links on Thursday, May 10, 2018.
Quincy After School Child Care (QCARE), Inc. is a 501(c)(3) non-profit organization that offers licensed care for school aged children, kindergarten through thirteen years old in nine Quincy elementary schools. QCARE is an affordable school age program created by former Quincy Mayor Francis X. McCauley and the Mayor's Commission on The Status of Women in 1987. A variety of programs are offered through Quincy After School Child Care, Inc., including school age programs during the school year, February and April vacation programs, as well as a summer program at the Lincoln Hancock school. QCARE enrolls students receiving state subsidized care and also supports working families with a demonstrated financial need through a tuition scholarship grant program. Both subsidies and scholarships help to reduce weekly child care costs for low income families. Tuition scholarships are made possible through physically donated funds from grants, business donations, and generous private donors.
The QCARE “wish list” program is a project of QCARE. Whenever possible, QCARE strives to provide additional supports to low income families in a multitude of ways throughout the year. During the year, and especially around the holidays, members of QCARE’s community approach the agency and ask how they can support families in need. For the last decade, the QCARE staff and program families have rallied to support gift giving to children during the Christmas season. First, through a Toys for Tots drive, then a toy drive for DOVE, and in more recent years by collecting and distributing gifts to QCARE program participants in need.
Boston Property Ventures (BPV), LLC is a fully-integrated real estate investment management and development firm with multiple business units that identify, fund, develop, construct and manage the homes and workplaces that today’s sophisticated residents and businesses demand.
Peter McLoughlin, CEO and Owner of Quincy-based residential development company Boston Property Ventures (BPV), has been elected President of the Quincy After School Child Care (QCARE) Board of Directors. QCARE’s focus is on providing Quincy’s youth with extracurricular programs which nurture education, nutrition, health and social services. With his election, McLoughlin will be able to further improve and benefit the Quincy community, an area in which he has invested heavily in recent years. BPV is headquartered in Quincy Center and recently completed the Brookside at 999 Hancock condominiums in the neighborhood at 999 Hancock Street. BPV is currently building Hillside, a second residential apartment building located at 23-31 Bridge Street, next to Brookside at 999 Hancock.
Boston Property Ventures’ Hillside luxury apartments, opening Fall 2018 in Quincy Center, near topping off
Boston Property Ventures (BPV)’s upcoming Hillside luxury apartments, located in Quincy Center, are about to top off at five stories tall. Just one floor remains to be added to the building’s structural frame, which has been sheathed with moisture-resistant cladding. The building’s steel base podium is complete, with a concrete slab poured on top; upper floors are being framed with wood. Within completed floors, residences and common spaces are being framed with internal wood and metal stud framing. Windows have been delivered on site and have begun to be installed in order to seal the building. In the coming weeks, exterior finish panels and interior finishes will be installed throughout the building.Hillside is scheduled to open September 1st, 2018 and will feature 60 luxury apartment residences with amenities such as a state-of-the-art gym, a spacious roof deck, private balconies, a billiard/recreational room, on-site garage parking and a sweeping green lawn shared with BPV’s adjacent Brookside at 999 Hancock luxury condominiums. Leasing of apartments at Hillside is expected to begin in Spring 2018. The following are photographs of Hillside and the adjacent Brookside at 999 Hancock: