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Totals

Total Square Footage 157,000
Total Dollar Volume $70,000,000.00

General

Established 2014
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The Matteson Companies is a Boston-based real estate investment and development company founded in July 2014.


With an expertise in a broad range of real estate disciplines, including underwriting, consulting, structured finance, investment, development, construction and asset management, The Matteson Companies capitalizes on development and investment opportunities throughout the U.S. with its primary focus in Boston and Cambridge. TMC has acquired, owned, developed and operated properties across many asset classes, including; industrial, residential, hotel, office, retail and restaurants.


The Matteson Companies takes pride in its stellar reputation for restoring and preserving historic buildings in the Boston Wharf District, as well as ground up developments that deliver architecturally significant properties through collaboration with architects and designers.


Today, TMC has emerged as one of the most active investors and developers in Boston. The Matteson Companies current key projects include;  three high rise residential developments, two hotel projects, and over three (3) million square feet of industrial and R&D properties, with an additional two (2) million square feet under construction.


Some of TMC's major projects include the acquisition of a 750,000 square foot warehouse in Devens, MA. At acquisition the property was fifty percent leased and after just twelve months, TMC and partner GFI Partners leased the warehouse to one hundred percent. Currently the building is undergoing a 400,000 square foot expansion for a national distribution tenant . TMC is also developing The Huntington, a 400 unit residential, theater and retail property located in  Boston's Back Bay neighborhood; The Zone, a 250 unit project located in Boston Theater district; and finally partnering with Harbinger, the Marine Hotel, 425 room Hilton and 20,000 square feet of retail located in the Boston Seaport.

Updates

47-55 Lagrange Street
- Dec 31, 2019

$6.5M Electrical Permit Issued for Lagrange St. Tower A permit for electrical install valued at $6.5M has been pulled for the upcoming 21-story tower at 47-55 Lagrange Street. The project will feature 176 luxury residential units including studios, one-bedrooms, and two-bedrooms. 20 vehicle parking spaces and 176 bicycle storage spaces will also be located on-site. 


47-55 Lagrange Street
- Oct 23, 2019

Permit Pulled to Begin Foundation Work For LaGrange Street Tower A permit has been issued to begin foundation work on the upcoming 21-story tower at 47-55 LaGrange Street. The project will feature up to 176 luxury residential units, a mix of studios through 2 bedrooms. The building will also include parking for 20 cars and 176 bikes. 


47-55 Lagrange Street
- Dec 06, 2018

Fortis Property Group Acquires Stake in 47-55 LaGrange Street Brooklyn-based Fortis Property Group has acquired a stake in the development at 47-55 LaGrange Street in Boston's Downtown Crossing neighborhood for $17.7 million. The approved 21-story tower which will feature 176 luxury residential units including studios, one-bedrooms, and two-bedrooms in the heart of Downtown Crossing. The tower’s facade will feature a mix of glass and precast panels. Units will be graced with floor-to-ceiling windows. 20 vehicle parking spaces and 176 bicycle storage spaces will be located on site. 47-55 LaGrange Street is expected to achieve LEED Silver efficiency certification.


47-55 Lagrange Street
- Nov 21, 2018

Project Change Approved for Downtown Crossing Tower The project change will bring the previously approved project for "up to 130 dwelling units" to a new total of "up to 176 dwelling units." No other aspects of the 47-55 Lagrange Street project, such as building size, will change. The 21-story tower will feature 176 luxury residential units including studios, one-bedrooms and two-bedrooms in the heart of Downtown Crossing. The tower’s facade will feature a mix of glass and precast panels. Units will be graced with floor-to-ceiling windows. 20 vehicle parking spaces and 176 bicycle storage spaces will be located on site. 47-55 LaGrange Street is expected to achieve LEED Silver efficiency certification.


47-55 Lagrange Street
- Jun 15, 2017

47-55 LaGrange Street, new mixed-use tower in Downtown Crossing, approved 47-55 LaGrange Street, a new 21-story mixed-use tower in the heart of Downtown Crossing featuring 176 residences, was approved at last night (June 15th, 2017)’s Boston Planning & Development Agency (BPDA) Board Meeting. Construction of the 47-55 LaGrange Street tower is expected to commence in the fourth quarter of 2017, with expected completion in the fourth quarter of 2019. 47-55 LaGrange Street will require additional approval by the City of Boston’s Zoning Board of Appeals (ZBA) in order to proceed with construction.


47-55 Lagrange Street
- Jan 19, 2017

Plans filed for 21-story luxury residential tower in Downtown Crossing Plans for a 21-story luxury residential tower proposed at 47-55 LaGrange Street in the heart of Downtown Crossing, first preliminarily revealed in Fall 2016, have been officially filed with the Boston Planning & Development Agency (BPDA). The tower would feature 176 luxury residences. Owing to the tower's walkable location and the close proximity of public transit, only 20 vehicle parking spaces would be constructed on site. Construction of the tower is expected to commence in the fourth quarter of 2017. Plans for the tower are now under official review.


47-55 Lagrange Street
- Nov 17, 2016

152-unit luxury residential tower planned in Downtown Crossing Development partner The Matteson Companies has released preliminary renderings of a 152-unit luxury residential tower planned for the 7,500 square foot parcel at 47-55 Lagrange Street in Downtown Crossing. Retail space would be located on the tower’s first floor. The tower would be constructed on a 7,500 square foot parcel currently used as a surface parking lot.


47-55 Lagrange Street
- Feb 11, 2016

UPDATE: Buyer is Boston developer GFI Partners.BREAKING: A deed was recorded in the Suffolk Registry of Deeds transferring ownership of the Downtown Crossing parking lot at 47-55 Lagrange Street to QMG Lagrange LLC, a limited liability company with an address of 49 Melcher Street in Fort Point. 47-55 Lagrange Street is located steps to a number of development projects. Recorded sale price is $3,950,000.Deed for the sale:


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47-55 Lagrange Street