Goulston & Storrs

Hyde Park Development Under Official Review Residence at Readville Station located in Boston's Hyde Park neighborhood is now under official review.  The proposed redevelopment program consists of the construction of approximately 305 residential units in two buildings providing a mix of rental and homeownership, with accessory garage parking for 221 vehicles. Including 4,200 square feet of restaurant/retail space with other amenities and services for building residents. Construction is expected to start in the fall of 2019 and take 18-months to complete.

FinanceBoston Positions $3,300,000 Pre-Development Loan for the Emerging Boston Neighborhood of Hyde Park FinanceBoston, a Real Estate Capital Advisory Firm, announced the successful financing of a $3,300,000 Pre-Development plan in the Hyde Park Neighborhood of Boston. FinanceBoston worked with Developer, Ad Meliora LLC, to identify, structure, and negotiate financing for the mixed-use project through entitlements. Boston is seeing greater levels of development near rail systems as employees prefer alternative transit options. Recognizing this trend, Managing Partner Fergal Woods commented, “Given the site's proximity to the Readville train station, this will unlock additional development capacity in the Hyde Park neighborhood.” FINANCEBOSTON- a Real Estate Capital Advisory firm with roots in Boston. FB works with cutting-edge developers to help them unlock the potential of their neighborhoods.   FinanceBoston is pleased to work with both new and established developers, those who share the vision and ambition to realize the potential for high-quality neighborhoods in the Boston area and beyond.  At every stage of the business cycle, FB will help source the appropriate financing, manage its deployment and ensure the successful delivery of the project.

Letter of Intent Filed for Hyde Park Site The proposed redevelopment program includes the construction of approximately 300 residential units in two new buildings, providing a mix of rental and homeownership, with accessory parking spaces, amenities, and services for building residents. The property is a 119,034 square foot industrial-zoned parcel currently occupied by Orleans Packing Company.