Real estate development entity managed by Timothy Russell and Thomas Broderick.
Aug 12, 2019
Core Rising for The Ceinture in Southie
The concrete core is rising for The Ceinture, the upcoming luxury condo project near Broadway Station in Southie. The six-story building will feature 54 condos along with a ground-level garage with space for 41 cars. Amenities at the building will include concierge service, a state-of-the-art gym, a club room, communal workspace, luxurious finishes throughout and a common roof deck with gas grills overlooking the Boston skyline.
May 29, 2019
Foundation Work Started for The Ceinture in South Boston
Foundation work is underway at 20 West 5th Street in South Boston for The Ceinture, boutique condo development. The project, just a few minutes from the Broadway MBTA Station, is set to include 54 luxury condo residences. Amenities will include concierge service, a fitness center, clubroom, and roof deck with views of Southie, Back Bay, and downtown.
May 09, 2019
Construction Complete for 123 Hamilton
Construction is now complete for the new residential building at 123 Hamilton Street in Dorchester. The project contains 52 studio rental units master leased to the Pine Street Inn, who in turn will lease 100% of units to chronically or formerly homeless individuals 55 years of age or older. The development also features an on-site admin. office and parking for 8 cars.
Mar 05, 2019
Site Clear for The Ceinture in South Boston
Demo has wrapped up on the industrial building that once sat along West 5th Street in South Boston. With the site clear construction will soon begin for The Ceinture, to feature 54 luxury condo residences. Resident amenities are set to include concierge service, a state-of-the-art gym, a club room, communal workspace, and a common roof deck with gas grills overlooking the Boston skyline.
Jan 02, 2019
Interior Finishing Nearing Completion for 123 Hamilton Street in Dorchester
Interior work is ongoing for the new building at 123 Hamilton Street in Dorchester. The project includes 52 studio apartments which have been master leased to The Pine Street Inn. All units will be rented to chronically or formerly homeless individuals 55 years of age or older. The building also contains just over 1,300 sf of common space and an administrative office.
Dec 11, 2018
Ground Broken for The Ceinture in South Boston
Demolition of an existing commercial structure has started to make way for The Ceinture in South Boston. The new development, just a few blocks from Broadway Station on East Fifth Street, will feature 54 luxury condos. Units will include one bedroom plus dens, two bedrooms, and two bedrooms plus dens. The project will also include 41 parking spaces.
Construction is set to be complete in Spring 2020.
Jun 20, 2017
The Ceinture, 54 modern luxury condominium residences, coming to South Boston
A newly proposed six-story, 54-unit residential building at 20 West 5th Street in South Boston, located steps to Broadway Station, will be called The Ceinture and will feature 54 modern luxury condominium residences. Condominium sales are tentatively scheduled to launch in 2018, pending city approval; construction of The Ceinture is expected to commence in the second quarter of 2018, with an expected duration of 18 months. A Project Notification Form (PNF) for The Ceinture has officially been filed with the Boston Planning & Development Agency (BPDA), who is now reviewing the project. A Letter of Intent (LOI) to file the PNF was filed last April. The Ceinture will feature breakthrough design and distinctive luxury amenities including concierge service, luxury finishes and a common roof deck overlooking the Boston skyline. The latest building information and renderings are posted above.
Apr 30, 2017
54 residences proposed next to Broadway Station in South Boston
Developers Thomas Broderick and Timothy Russell propose to construct approximately 54 new residences at 20 West Fifth Street in South Boston, steps from the Broadway MBTA Red Line station. Broderick and Russell have filed a Letter of Intent (LOI) to develop the project with the Boston Planning & Development Agency (BPDA), who is now reviewing the project plans.
Nov 20, 2016
123 Hamilton Street, 52 new Dorchester apartments, approvedAt Thursday (November 17th, 2016)'s board meeting, the Boston Planning & Development Agency (BPDA) approved 123 Hamilton Street. Located in Dorchester near the Four Corners/Geneva commuter rail station, the $8.5 million building will contain 52 new studio apartments. The building will be 100% leased to the Pine Street Inn, who will lease the apartments to chronically or formerly homeless individuals. Construction of 123 Hamilton Street is anticipated to commence in early 2017.
Sep 01, 2016
52 units for formerly homeless individuals proposed in Dorchester
Last Monday (August 29th, 2016), developers Thomas Broderick and Timothy Russell filed a Project Notification Form (PNF) with the Boston Redevelopment Authority (BRA) to construct 123 Hamilton Street, a new three-story residential building in Dorchester located just off of Bowdoin Street between Geneva Avenue and Hancock Street; the following is a link to the PNF. The building would contain 52 studio rental units that would be master leased to the Pine Street Inn, who in turn would lease 100% of units to chronically or formerly homeless individuals 55 years of age or older. Construction of 123 Hamilton Street could commence in the first quarter of 2017, with expected completion in the first quarter of 2018.
Jul 24, 2016
488 DOT developers acquire 13,000 square foot Dorchester Avenue parcel for $3 millionThis past Thursday (July 21st, 2016), Timothy Russell and Thomas Broderick of real estate development entity R&B Investments LLC acquired the 13,000 square foot South Boston parcel at 404 Dorchester Avenue, home to Smith's Machine Shop, for $3 million as recorded in the
Suffolk County Registry of Deeds. Russell and Broderick are the developers of 488 DOT, a nearly-complete luxury condominium building located at 488 Dorchester Avenue in South Boston's Andrew Square. 404 Dorchester Avenue last sold in March 2008 for $700,000.404 Dorchester Avenue is conveniently located between the Andrew and Broadway MBTA Red Line stations near a number of active development projects. The Boston Redevelopment Authority is currently conducting a community planning initiative to form guidelines for future development along Dorchester Avenue in South Boston.The following is the deed for the sale of 404 Dorchester Avenue to Russell and Broderick:
(Note: Russell and Broderick are the managers of Dorchester Avenue Development, LLC)
Jul 07, 2016
488 DOT in Andrew Square nearly complete, condominiums now for saleInstallation of exterior clapboard siding finishes is underway at 488 DOT, a new luxury condominium building in South Boston’s Andrew Square. 488 DOT will feature 33 residential units and 2,091 square feet of ground-floor retail. Each condominium at 488 DOT will have two bedrooms and two bathrooms. Occupancy of 488 DOT is expected this summer, and condominiums are for sale starting from $600,000. Visit 488DOT.com for more sales information.488 DOT is fully topped off, and upper floors are sealed with windows. Green Huber ZIP System weatherproof sheathing is installed along 488 DOT’s exterior. Exterior clapboard siding finishes are being installed over the sheathing.Construction of balconies is underway outside select third and fourth floor units. Inside the building, construction of electrical and mechanical systems is underway.View along Dorchester Avenue (right) at Middle Street (left)Panoramic view along Dorchester AvenueView along Dorchester Avenue (left) at Woodward Street (right)View along Dorchester Avenue towards Downtown BostonView along Woodward StreetExterior finishes under constructionView along Middle StreetBalconies under constructionMechanical and electrical work underway in retail spaceMechanical and electrical work underway in retail spaceMechanical and electrical work underway in retail spaceExterior finishes under constructionCondominium marketing bannerMore information about 488 DOT is posted below.
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