Equity Residential is a publicly traded real estate investment trust that invests in apartments. As of December 31, 2017, the company owned or had investments in 305 properties consisting of 78,611 apartment units in Boston, New York City, Washington DC, Seattle, San Francisco, and Southern California.
It is the 3rd largest apartment owner and 9th largest apartment manager in the United States.
Jun 19, 2019
Tower Crane in Place for Garden Garage
A tower crane is now in place at the Garden Garage site as blasting continues for ledge removal and concrete footings are being put in place. The Equity Residential project is set to feature 469 residential units in the 44 story tower. Under the tower will be a new parking garage to hold around 830 spaces. Construction is set to run through late 2021.
Jun 10, 2019
Facade Install Nearly Complete for 249 Third St. in Kendall Square
Facade install is nearly complete for the new 5-story apartment building at 249 Third Street in Kendall Square. The project will include 84 apartments and 1,540 square feet of ground-floor retail. Apartments will range from studios to three-bedrooms including 28 studios, 46 one bedrooms, 8 two-bedrooms, and 2 three-bedrooms. Resident amenities will include a private roof deck and landscaped courtyard. Construction is expected to be complete later this summer.
May 01, 2019
Crews Prep Garden Garage Site for Ledge Removal
Crews continue work on the install of temporary bracing and soil removal at the site of the former Garden Garage. Ledge removal is expected to start within the coming days. The upcoming 44-story tower is set to include 469 apartments along with 2,300 square feet of ground-floor retail The development will also include around 20,000 square feet of common resident amenities and an underground parking garage to hold 830 cars. Construction is expected to wrap up in the 4th quarter of 2021.
Feb 26, 2019
Facade Work Begins for 249 Third Street in Kendall Square
With structural framing complete, brick facade install is starting at 249 Third Street just outside Kendall Square. This new building is set to include 84 apartments, a mix of studios through three bedrooms. Resident amenities will include a private roof deck along with a fitness center and yoga room.Construction is set to be complete in late summer.
Jan 16, 2019
Work Underway for Slurry Wall at Garden Garage
With the remnants of the old garage out of the way, work is underway to install the 53-panel slurry wall for the upcoming 44-story tower on the site. The new building is set to house 469 apartments along with 20,000 square feet of resident amenities and 2,300 square feet of ground-floor retail. The project will also include a new underground garage with over 800 spaces an increase from the previous garage's capacity. Construction is set to be complete in 2021.
Nov 30, 2018
Framing Reaches Full Height at 249 Third Street
Framing has reached full height for this new five-story mixed-use project Callahan Construction Managers is building in Kendall Square. 249 Third Street will feature 84 residential units along with just over 1,500 square feet of ground-floor retail. Residents will have access to a fitness center, clubroom, private roof deck, and a landscaped courtyard.
Callahan is on track to complete the 91,682 square foot project in late August 2019.
Oct 24, 2018
Site Work Underway for Garden Garage
With demo complete, site work is underway for the upcoming 44-story tower that will replace the Garden Garage. The project is set to include 469 apartments and underground parking for 830 cars. The tower will also include around 20,000 sf of common resident amenities and approximately 2,300 sf of ground-floor retail space.
Construction is expected to be completed in late 2021.
Aug 24, 2018
Equity Residential Acquires Troy Boston for $216.125 Million
Equity Residential has acquired Troy Boston from Oregon-based Gerding Edlen for $216.125 million.
The property features 378 apartments with ground-floor retail space in Boston's South End. Troy Boston consists of two buildings—an 11-story mid-rise and a 19-story tower. Apartments range from studio to two-bedroom configurations. Amenities include a rooftop lounge, an outdoor swimming pool, a yoga, and fitness studio and an outdoor dog run area.
Aug 06, 2018
Plumbing Permit Issued for Upcoming High Rise
A plumbing permit has been issued for the Garden Garage development, including the installation of plumbing fixtures, plumbing equipment, and all associated piping throughout the P5 Garage Level through the 47th floor (roof).
The development will consist of the replacement of existing 650-space parking garage with a 469-unit residential apartment tower. The tower will include approximately 20,000 square feet of common resident amenities and approximately 2,300 square feet of ground-floor retail space.
Jul 26, 2018
Callahan Continues Foundation Work at 249 Third StreetCallahan Construction Managers continues foundation and site work at 249 Third Street in Cambridge. Block 1 and Block 2 foundation walls are now complete and 50 % of the Level 1 concrete slab is complete. The upcoming mixed-use building, located in Kendall Square, is being developed by Equity Residential and designed by ICON Architecture. When complete the building will feature 84 apartments and a ground floor retail space. Residents will have access to a private roof deck, landscaped courtyard, and ample on-site bicycle parking.
Jun 22, 2018
Demolition Underway at Garden GarageDemolition has begun on the Garden Garage in Boston's West End. A new 44-story, 469-unit residential tower will be built on the site once it has been cleared. The new project will include around 20,000 sf of resident amenities and an underground parking garage with 830 spaces.The building is scheduled to open in late 2021.
Feb 01, 2018
Garden Garage to make way for 44-story apartment tower starting construction this Summer
The Garden Garage, located next to TD Garden in Bulfinch Triangle, is set to be demolished this summer to make way for a skyline-altering 44-story, 447-foot-tall apartment tower years in the making. Developed by Equity Residential, the $410 million tower will be among the tallest buildings in Boston, and will replace the 650-space concrete parking garage with 469 apartment residences, along with 2,300 square feet of ground-floor retail and 830 underground parking spaces. Equity expects to start construction of the tower’s foundation later this year, following demolition of the garage. Construction of the tower will take approximately three years, with the building expected to open in late 2021.
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