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Totals

Total Square Footage 623,822
Total Dollar Volume $206,750,000.00

General

Established 1990
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From their offices in Boston and New York, the people of Mark Development have been responsible for more than $1.5 billion in urban and suburban mixed‑use developments in eight states. Comprised of a group of talented, inspired thinkers with unique skill sets, this team has the vision to see opportunities that others overlook, the creativity to imagine solutions that others can’t see, and the agility to move quickly before the opportunity vanishes.

 

Updates

Washington Place
- Aug 12, 2019

Washington Place in Newton Taking Shape Framing is in place and sheathing is going up for the mixed-use project, Washington Place in the heart of Newton. The new building will include 140 residential units, 26 of which are designated affordable, along with nearly 40,000 square feet of ground-floor retail space. A below-grade garage will include 236 parking spaces for residents and there will also be 110 surface spots for commercial patrons.


Washington Place
- Apr 12, 2019

Steel Framing Going Up for Washington Place in Newton Structural Steel framing is going up for the Washington Place project in Newtonville. The project will feature 140 residential units along with over 43,000 square feet of commercial space. Resident amenities will include a roof deck and fitness center along with 15,000 square feet of outdoor space. The project is located just steps from the Newtonville Commuter Rail Station.


Kenmore Hotel
- Feb 01, 2019

New Plans Call for 300' Hotel in Kenmore Square Mark Development has released updated plans for the Kenmore Hotel at 560 Commonwealth Avenue. The new plans call for a 28 story tower (increased from 24) that would be just under 300 feet tall. The hotel would feature 389 rooms and 1,500 square feet of ground-floor retail space. The plan also calls for a new street behind the hotel to connect Comm. Avenue to Beacon Street before their current intersection in busy Kenmore Square. The new road would allow for shorter crosswalks and create a public plaza and new bike lanes.   The updated plans are now under official review with the City.


891 Washington Street
- Dec 05, 2018

Newton Property Refinanced for $7.18 Million Mark Development has refinanced their property at 891 Washington Street in Newton, MA for $7.185 million via Bank of New England. The property features a 10,747 square foot building sitting on a .42-acre parcel of land. The building was constructed in 1929 and has served as a US Post Office building throughout its history. 


891 Washington Street
- Oct 15, 2018

Washington Street Post Office Acquired for $6.75 Million Mark Development has acquired the property at 891 Washington Street in Newton, MA for $6.75 million. The property features a 10,747 square foot building sitting on a .42-acre parcel of land and was constructed in 1929. It has served as a US Post Office building throughout its history. 


Washington Place
- Jun 25, 2018

Demolition Underway at Washington Place in NewtonDemolition continues along Washington Street in Newton to make way for Washington Place. The upcoming project in Newtonville, is now set to have 140 residential units, 43,860 square feet of commercial space and 309 parking spaces.Washington Place tenant amenities will include a private fitness center and a rooftop deck.  Over 15,000 square feet of outdoor space will be available to both residents and the general public.


Kenmore Hotel
- Jun 02, 2017

Two hotel towers proposed in Kenmore Square Mark Development and Hotel Buckminster-owner Buckminster Annex Corporation propose to jointly develop two hotel towers in the heart of Kenmore Square. Together, the towers would contain 763 hotel rooms and 375,000 square feet of space. On property owned by Mark Development at 560-574 Commonwealth Avenue, a 24-story, 260-foot-tall tower would be built featuring 375 rooms with ground-floor retail. Across Beacon Street, on property owned by Buckminister Annex Corporation at 655-665 Beacon Street, a 19-story, 210-foot-tall tower would be built featuring 390 hotel rooms. Both buildings would feature active ground floors, and as part of the project, pedestrian-friendly streetscape improvements would be made. Mark and Buckminster have filed a Letter of Intent (LOI) to develop the towers with the Boston Planning & Development Agency (BPDA) and will reveal additional information this Summer. The proponents will also seek to establish a Planned Development Area (PDA) across the sites in order to obtain necessary zoning relief.


Washington Place
- Nov 23, 2016

New renderings revealed for Newton’s Washington Place Mark Development has released new renderings of the proposed 238,075 square foot Washington Place mixed-use development in Newtonville. The latest renderings of Washington Place can be found above. The Washington Place project will construct three five-story buildings with over 9,000 square feet of public outdoor space. A new website, wpnewton.com, has been released for the project.


Kenmore Hotel
- Nov 14, 2016

Glass hotel tower with roof deck restaurant proposed for Kenmore SquareMark Development has released a preliminary rendering of a new glass hotel tower planned for the heart of Kenmore Square. The tower would replace an existing single-story Citizens Bank building and would include ground-floor retail and a roof deck restaurant. Mark Development intends to file plans for the tower with the Boston Planning & Development Agency (BPDA) this fall. Developer Related Beal recently acquired nine buildings totaling approximately 335,000 square feet located across from Mark Development's proposed tower site for nearly $134 million.


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Projects

Riverside Station Development
891 Washington Street
Kenmore Hotel
Washington Place