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Navem Partners At A Glance

PROJECT STATUS
Under Construction: 2 | Foundation Construction: 2 | Under Official Review: 1 | Interior Finishing: 1
WORK BY SECTOR
Housing: 6 | Retail: 2 | Parking: 1 | Affordable Housing: 1
PROJECT SIZES
$0 - $10M: 5 | $10M - $100M: 1 | $100M+: 0

Navem Partners, founded in 2018 and headquartered in Boston, MA, is a leader in high-value-creation real estate investment opportunities within dynamic urban environments.

Updates

425 Border Street
- Aug 11, 2020

$4.7M Building Permit Pulled for East Boston Condo Project    A building permit valued at $4.7M has been pulled for the upcoming condo project at 425 Border Street. The project, being developed by Navem Partners, will offer 16 modern condo residences in the desirable Eagle Hill section of East Boston. The new building will also include garage parking for 16 vehicles. Construction is expected to last into spring 2021.


The Blake
- Jun 18, 2020

$15M Building Permit Pulled for The Blake in South Boston A building permit valued at $15M has been pulled for The Blake in South Boston. The condo building will feature 44 modern, spacious one and two-bedroom homes, many with private decks. The Blake will also offer residents garage parking, a fitness center, and both common and private roof deck spaces.  The base of the five-story project will also include 13,5000 square feet of retail space, ideally located along busy West Broadway in Perkins Square.  Photo: The Blake Boston


23 Upton Street
- Jun 01, 2020

South End Luxury Condo Project Financed for $5M The development team at Navem Partners has closed on $5,087,500.00 in financing via Hingham Savings Bank for 23 Upton Street. The historic South End brownstone is currently being transformed into 3 luxury condo homes. Each new residence will offer a unique mix of historic charm along with ultra-high-end finishes. Construction is expected to last less than 12 months.


425 Border Street
- Mar 25, 2020

Site Clear at 425 Border Street in East Boston Demo of a former auto body shop at 425 Border Street in East Boston is now complete. Once the construction ban is lifted developer Navem Partners will begin work on the approved 5 story residential building. 425 Border street will feature 16 modern condos along with a 16 car parking garage. The Eagle hill site overlooks the Chelsea Creek & Tobin Bridge and is just a few minutes from Maverick Square.


The Blake
- Mar 22, 2020

Demo Underway at 457 West Broadway in South Boston Early last week, prior to the Mayor’s order to pause construction, demolition started at the former Dollar Store site at 457 West Broadway. The demo will make way for an approved 5-story mixed-use project being developed by Navem Partners. The new building will feature 44 residential units with 13,500 square feet of retail space. Luxury resident amenities are set to include a communal terrace, communal and private roof decks, fitness center, and community room. 457 West Broadway is ideally located near South Boston’s hottest restaurants, cafes, and shops with easy access to several public transit options. Demolition, excavation, and foundation work is expected to continue as soon as the construction ban is lifted.


The Freeport
- Mar 10, 2020

Foundation Construction Underway for The Freeport Foundation construction is now underway for The Freeport in South Boston. The Dorchester Avenue site, just blocks from Broadway Station will be home to an 8-story mixed-use building. The Freeport will offer 114 condo homes featuring modern finishes and numerous resident amenities including a rooftop deck with skyline and harbor views. The first two levels of the project will also include over 6,500 square feet of retail space.


425 Border Street
- Feb 05, 2020

425 Border Street Financed for $6.37M The approved condo project at 425 Border Street in East Boston has been refinanced for $6.37M, via a bank facility through North Shore Bank. The 5-story building will feature 16 luxury condos over a 16 space garage in the Eagle Hill Neighborhood. The development team at Navem Partners purchased the approved project in December of 2018. Construction of the project is expected to kick off in February.  The financing was arranged by FinanceBoston, a local real estate capital, and advisory firm.


Preble South Boston
- Dec 29, 2019

Facade Install Underway for 14 Unit Condo Project in South Boston Facade install is underway of the 14 unit condo building just outside Andrew Square at 33-39 Ward Street. The building will be clad in a combination of brick veneer, Arriscraft stone block, Hardiplank siding, and metal paneling at the cornice line of the building. Along with two and three-bedroom condos the building will also include a 15 space at-grade garage.  


425 Border Street
- Nov 18, 2019

BPDA Approves Change of Ownership for 425 Border Street in East Boston The Boston Planning Board has approved the change of ownership of the approved 425 Border Street residential project in East Boston. The new owners, Navem Partners purchased the project in December 2018, two months after the BPDA approved the plans. The new building will feature 16 luxury condo residences along with parking for 16 cars. The project site is located in East Boston’s Eagle Hill neighborhood just a short walk from the Maverick MBTA Station. 


The Blake
- Nov 15, 2019

Change of Ownership Approved for 457 West Broadway Navem Partners has received approval from the BPDA for the change of ownership of the upcoming mixed-use project at 457-469A West Broadway. The South Boston project was originally approved in March of 2018 and purchased by Navem in September 2019. The approved plans call for 44 rental units plus 13,500 square feet of ground-floor retail space. Resident amenities will include a communal roof terrace, a fitness center, and a community room. The project also includes 48 garage parking spaces. This will be Navem Partners’ second major project in busy South Boston, with The Freeport, a 114 unit condo project under construction now. Navem also has 2 other smaller projects in South Boston nearing completion.


Preble South Boston
- Oct 24, 2019

Window Install Nearly Complete at 33-39 Ward St. in South Boston Window install is nearly complete for the 5-story condo project at 33-39 Ward Street in South Boston. The building will include 14 luxury condos, primarily two bedrooms (12 units) with two, three bedrooms being offered. An at grade parking garage will feature space for 15 cars.   


Preble South Boston
- Sep 26, 2019

Plumbing Permit Pulled for 33-39 Ward St. in Southie A plumbing and gas permit has been issued for the residential development at 33-39 Ward Street in South Boston. The project will include 14 condos over an at grade 15 car parking garage. Units will range in size from two through three bedrooms. 


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Navem Partners' Recent Projects

425 Border Street
Under Construction
425 Border Street, Boston, MA, 02128
The Blake
Foundation Construction
457 West Broadway, Boston, MA, 02127
Preble South Boston
Interior Finishing
33 Ward Street, Boston, MA, 02127
The Freeport
Foundation Construction
270 Dorchester Avenue, Boston, MA, 01210
23 Upton Street
Under Construction
23 Upton Street, Boston, MA, 02136
31-35 Wyoming Avenue
Under Official Review
31 West Wyoming Avenue, Melrose, MA, 02176