Gate Residential is a multifaceted real estate investment and development firm specializing in the multifamily sector.
Utilizing extensive industry experience along with a hands-on, entrepreneurial approach, Gate Residential focuses on developing unique and vibrant communities. Through a combination of innovative building and unit design, a comprehensive understanding of resident/owner needs and desires, and a strategic focus on high barrier to entry markets, Gate Residential’s strives to attract and retain tenants and buyers with desirably located and highly amenitized communities.
Mar 02, 2020
East Boston Project Financed for $60.24 Million
The project at 144 Addison Street in East Boston has been financed via M&T Bank for $60,244,730.
The upcoming multi-family residential development will feature 230 apartment residences across two new-construction buildings ranging from three to five stories in height. Both buildings will be connected with a central resident amenity section.
A total of 169 vehicle garage parking spaces, 270 covered bicycle storage spaces, and 15 exterior bicycle parking spaces would be provided on-site.
Feb 28, 2020
Permit Pulled to Begin Site Mobilization for 230 Unit Multi-Family Project in East Boston
Dellbrook has pulled a permit to being site work mobilization in anticipation of the imminent start of construction for the 144 Addison Street project. The East Boston project will feature a total of 230 rental units between two buildings. The development will also include parking for 169 vehicles and over 80,000 square feet of open space.
Feb 13, 2020
Full Project Filing Submitted for Redevelopment of Clarendon Hill in Somerville
Redgate & Preservations of Affordable Housing Inc, have filed a full project submission for the redevelopment of the Clarendon Hill housing development in Somerville. The proposed project consists of the construction of up to 591 rental dwelling units, of which 375 will be affordable to households earning between 60%-110% of the AMI. The project would be constructed in phases to allow for the relocation of existing residents. Plans also call for 369 on-site parking spaces and a new community park.
Feb 02, 2020
Construction Wrapping Up at 500 Ocean Ave. in Revere
Final touches are wrapping up at 500 Ocean Avenue in Revere. The transit-oriented project next to the Blue Line features 305 luxury apartments and over 13,000 square feet of amenity space. The building welcomed first residents this fall and the restaurant Dryft also opened as part of the ground floor retail/restaurant space.
Jan 26, 2020
Framing Ongoing for 21 Revere Beach Blvd
Framing is ongoing for both buildings as part of the 21 Revere Beach Blvd. development in Revere. The project will feature a total of 200 units plus a 4,000 square-foot restaurant, a series of arcade/retail spaces covering 1,600 square feet, and an area that will have upgraded sidewalks and a rebuilt boardwalk.
Nov 23, 2019
Dryft Restaurant Opens at 500 Ocean Ave. in Revere
Dryft is now open as part of the mixed-use project at 500 Ocean Avenue in Revere. The waterfront property features 305 apartments plus ground floor restaurant retail space including the home of Dryft. The 140 seat restaurant will feature a premium raw bar and classic New England seafood selections. Italian-influenced pasta dishes will also compliment the seafood theme. An additional 100 seats are planned for a large outdoor bar area to be added in 2020.
Nov 02, 2019
Clarendon Hill Redevelopment to go Before the Somerville Planning Board Next Month
Plans for the redevelopment of the Clarendon Hill Public Housing development will have it's first hearing before the Somerville Zoning Board next month on 12/11/19. The project will transform the obsolete Clarendon Hill development, building in the 1940's into a vibrant mixed-income community. Plans call for a higher density community that gradually transitions from the scale of the surrounding Somerville residential neighborhood into the site. Up to five hundred and ninety-one (591) housing units will replace the existing 216 units, in a range of housing types comprised of 4 highrise buildings and 34 townhouses, envisioned to engage a new public realm. At the heart of the new community, new parks will be programmed for active and passive recreation to invite all residents.
Oct 14, 2019
500 Ocean Ave. Set to Welcome First Residents in Early November
Finishing touches are underway for the first set of units at 500 Ocean Avenue along Revere Beach just North of Boston. The project will include 305 units in total currently ranging in price from $1950 for studios through nearly $5000 for 3 bedroom homes. The project also offers unique two-story loft layouts (pictured below) and of course many units with ocean views.
Aug 23, 2019
One Beachmont Refinanced for $52.75 Million
The development at 250 Revere Beach Parkway, also known as One Beachmont has been refinanced via Northwestern Mutual for $52.75 million.
The six-story building opened in January 2019 and features 195 luxury apartment residences located on 6.2 acres steps from Revere Beach and the MBTA Blue Line. Residences at One Beachmont include studios, one-bedrooms, and two-bedrooms, ranging in size from 482 to 1,121 square feet.
Aug 21, 2019
One North of Boston Refinanced for $53.25 Million
One North of Boston, a multifamily development located in Chelsea, MA has been refinanced via Northwestern Mutual for $53.25 million.
One North of Boston is located just off of Route 1 and steps from the Chelsea MBTA commuter rail station, a short drive or train ride to Downtown Boston. The multiphase development offers amenities including on-site garage parking, a basketball court, yoga and fitness studios, a resident lounge and a dog park.
Jul 12, 2019
Site Work Ongoing for 21 Revere Beach Boulevard
Site work is underway for yet another primarily residential development project along the waterfront in Revere. 21 Revere Beach Boulevard will be a two-building project, with a 127 unit building along Revere Beach Boulevard and a second smaller, 73 unit building along Ocean Avenue. The project also calls for a 4,000 square foot restaurant and a series of arcade/retail spaces covering 1,600 square feet, with upgraded sidewalks and a new boardwalk.
Jul 11, 2019
500 Ocean Ave. Now Leasing
With construction wrapping up for the first section of 500 Ocean Avenue in Revere, leasing is underway with first residents expected to take occupancy in early September. The luxury development, along Revere Beach will feature 305 apartments along with 13,000 square feet of amenity space including an outdoor pool, co-working space, and a roof deck with ocean views.
Units range in size from 1 through 3 bedrooms and include black kitchen cabinets and slate appliances along with smartphone keyless entry systems and nest thermostats.
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