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.
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.
May 08, 2019
Framing Complete for 500 Ocean Avenue in Revere
Wood framing is complete for 500 Ocean Avenue along Revere Beach with window install and exterior work also ongoing in parts of the project. This new full-service building will include a total of 305 residential units next to the Wonderland MBTA station. Resident amenities will include a programmed roof deck with unobstructed ocean views; a bar/lounge/media concept; a communal workspace; dynamic fitness concept with outdoor yoga space; outdoor lap pool; dog care facility; and indoor and outdoor gaming activities.
A representative for Callahan Construction, the GC for the project, told BLDUP the target date for first occupancy is 9/1/19.
Feb 15, 2019
270 Unit Project Approved in East Boston
The Boston Planning Board has approved the 270 unit residential project at 144 Addison Street in East Boston. The approval comes after the development site was bought by Gate Residential for $10M last November. 144 Addison Street will feature 2 new buildings to include 270 apartments and parking for 179 cars. Units will range in size from studios to two bedrooms. The project is located just a few blocks from East Boston's Constitution Beach.
Jan 24, 2019
Exterior Work and Window Install Underway for 500 Ocean Avenue
Exterior work and window installation are now ongoing for 500 Ocean Avenue along Revere Beach. This new mixed-use project will feature 305 apartments along with ground floor retail space. 500 Ocean Avenue will also include 13,000 square feet of interior and exterior amenity space including a roof deck with unobstructed ocean views, a bar/lounge/media space, a communal workspace, a fitness center with outdoor yoga space and outdoor lap pool.Construction is expected to be complete in winter 2020.
Jan 22, 2019
One Beachmont Welcomes First Residents
One Beachmont, a new luxury apartment complex in Revere welcomed its first residents last week. The 195 unit project features studio, 1, and 2 bedroom units along with a host of resident amenities including a pool with cabanas and a year-round roof deck. The building is situated just a few blocks from the beach with easy access to the MBTA. Rents are starting at $1810 for studios and go up to $3100 for 2 bed/2bath units.
Nov 29, 2018
Gate Residential Acquires East Boston Development Site
Gate Residential has acquired the property at 144 Addison Street in East Boston for $10 Million.
The proposed multi-family residential development would feature 270 apartment residences across two new-construction buildings ranging from three to five stories in height. Residences would include 59 studios, 149 one bedrooms, and 62 two-bedrooms. Both buildings would be connected with a central resident amenity section. A total of 179 vehicle garage parking spaces, 270 covered bicycle storage spaces, and 15 exterior bicycle parking spaces would be provided on site.
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