Urban Spaces

Framing Underway for Condo Project in Salem With the concrete core in place, framing is now underway for Brix in Salem. The project is set to include 61 modern condos, ranging in size from 800 to 1,700 square feet. Building amenities will include a roof terrace, club room, pet spa, and fitness studio. The building will also include a two-level parking garage to accommodate 88 vehicles. Photo: Charlesgate Realty Group

Framing Underway for Kendall East Framing is underway for the mixed-use project, Kendall East set to include a total of 136 apartments plus ground-floor retail space. The two-building project will offer studio through 3 bedroom units many featuring private outdoor space. An expansive half-acre courtyard will also be included providing green space and stadium seating for the neighborhood. Construction is expected to last through 2021.

Work Continues on BRIX Development in Salem With the foundation poured, crews continue work on BRIX, the upcoming residential development, in Salem, MA. The new multifamily project will feature 110,000 square feet of living space consisting of 61-units. The building will boast eight one-bedroom, 44 two-bedroom, and nine three-bedroom units. Units will range in size from 800 to 1,700 square feet with prices starting in the mid-$400,000 range.

Core Work Underway at Kendall East With the foundation nearly in place, work has started on the concrete core for the Kendall East development along First Street in Cambridge. The project will include 136 apartments along with over 14,000 square feet of ground-floor retail space. An expansive half-acre courtyard will provide green space accessible to the neighborhood. Construction is expected to be completed in 2021.

Construction Continues on Kendall East Construction is ongoing for the upcoming mix-use project at 107-139 First Street in East Cambridge. The two-building project will include 136 apartments along with 14,800 square feet of ground-floor retail space. Units will range in size from studios through three bedrooms, many featuring private outdoor space. The buildings will share two-level underground garage consisting of 142 spaces and an additional 159 bicycle spaces. An expansive half-acre courtyard will join the parcels, providing green space and stadium seating for the neighborhood. Construction of the complex is expected to be completed in 2021. 

Cambridge Asset Acquired for $11.2 Million Urban Spaces, a Cambridge-based commercial real estate development company that focuses on mid-sized, transit-oriented projects, has sold its 10,000 square foot, fully-leased retail building to 12 Jayne Road, LLC for $11.2 million, or $1,120 per square foot. The building, located 85-95 First Street, was completed in June 2019 with 4,600 SF of space pre-leased to specialty pet food and supply store Loyal Companion. Paint supply store Sherwin-Williams will lease 2,900 SF when it relocates from its previous location at 73 First Street, and an undisclosed tenant will lease the remaining 2,500 SF upon finalizing negotiations. 85-95 First Street is the third component of Urban’s $275 million investment in the First Street Corridor. The full development will be comprised of over 250 apartments, 50,000 SF of office, 45,000 SF of retail space, and a 23,000 SF of green space upon completion. Urban Spaces completed 121 First Street, a 60,000 SF, five-story, mixed use office/retail building in December of 2018, leasing the entire 50,000 SF office portion to CarGurus, the online automotive research platform and marketplace. Urban Spaces is currently building Kendall East, a mixed-use apartment complex comprised of 136 units, 14,800 square feet of retail and a half acre of green space located between 121 and 85-95 First Street. Designed by award-winning architectural firm Perkins Eastman, the project is located within the First Street Corridor across the street from CambridgeSide shopping center within minutes of MIT and the MBTA Kendall Square and Lechmere stations. “The speed of the lease-up and the valuation of the property are further testament to the strength of the Cambridge market and the First Street Corridor,” said Paul Ognibene, CEO of Urban Spaces. The deal was brokered by the Conviser Property Group.

Urban Spaces and Diamond Sinacori Break Ground on Downtown Salem Condominium Complex The joint venture of Urban Spaces and Diamond Sinacori held a groundbreaking ceremony late last week for BRIX, a 61-unit, a mixed-use condominium development in the heart of downtown Salem. Salem’s first concierge building, BRIX will provide downtown Salem with sophisticated urban residences and 3,000 square feet of retail/restaurant space. Located at 65 Washington Street, BRIX is a short walk from the Salem Commuter Rail Station into Boston and just steps from the shops, restaurants, and museums of the picturesque Federal Street District, which is listed on the National Register of Historic Places. “We’re excited that the former Salem District courthouse will be replaced with a signature, mixed-use building,” said Salem Mayor Kim Driscoll at Friday’s ceremony. “BRIX will bring much-needed housing downtown – some affordable, some market-rate, some new commercial space. This building will be part of our community’s on-going effort to transform the northern part of our downtown to better serve as a welcoming entryway to Salem. It will really make a difference and I am thrilled to see this work starting today.” Designed by Tise Design Associates of Newton and to be constructed by Groom Construction of Salem, the 110,000 square foot BRIX development will be comprised of eight one-bedroom, 44 two-bedroom, and nine three-bedroom units. Units will range in size from 800 to 1,700 square feet with prices starting in the mid-$400,000 range.  Building amenities will include a tranquil roof terrace, club room, pet spa, and fitness studio. The building will also include a two-level parking garage to accommodate 88 vehicles.  “A vibrant city requires an array of housing options and we’re excited to add a new home ownership opportunity to the heart of downtown Salem.  The groundbreaking represents the culmination of many years of thoughtful planning. We’re pleased to have achieved this important project milestone and look forward to BRIX contributing to the streetscape and neighborhood,” said Paul Ognibene, chief executive officer of Urban Spaces. Urban Spaces partnered with Ken Foster, SVP of Commercial Banking and Kevin Rourke, SVP and Commercial Banking Division Head at Salem Five Bank to secure $20 million of debt financing.  “With a partner like Urban Spaces/Diamond Sinacori, who has delivered on urban renewal work so successfully in other areas, we’re confident in the project’s potential to deliver a vibrant option for downtown living and retail in the city,” said Foster.   The project also benefited from the Commonwealth’s Housing Development Incentive Program (HDIP) which provides Gateway Cities like Salem with a tool to increase residential growth, expand the diversity of housing stock, and support economic development.  BRIX will be the first condominium project to utilize the HDIP program.  BRIX will be constructed on the site of the former federal district courthouse, which had been designed in the “Brutalist” style of architecture and had sat vacant for several years. The foundation of the courthouse will be re-purposed for the project, which will speed up the construction process and reduce the level of disruption to the neighborhood.  BRIX will be constructed using fire-treated wood framing above a steel and concrete podium. The base of the building is a contemporary interpretation of urban storefront design, with stone and steel column covers, fretwork, planter boxes, and awnings. The overall building is designed to adhere to the current historic patterns of Washington Street with retail on the ground floor and residential above, using a combination of brick, metal panels, and stone details. Designed to appeal to young professionals and retiring baby boomers, the units will be marketed exclusively by Charlesgate Realty Group and Salem-based Merry Fox Realty.  Urban Spaces, Diamond Sinacori, and Tise Design Associates previously collaborated on The Lancaster, a 55-unit condominium project in Brighton that in 2016 became the first condominium complex in Boston to earn the coveted LEED Gold certification.

Foundation Work Underway for Kendall East Foundation work is moving along for Urban Spaces Kendall East Project. The two-building project will include 136 apartments along with over 14,000 square feet of ground-floor retail space. Units will range in size from studios through three bedrooms, many featuring private outdoor space.  The buildings will share two levels of below-grade parking consisting of 142 spaces and an additional 159 bicycle spaces. An expansive half-acre courtyard will join the parcels, providing green space and stadium seating for the neighborhood. Construction of the complex is expected to be completed in 2021. 

Site Work Underway for Kendall East With demo complete, site work is now underway for the upcoming mixed-use project Kendall East. The 211,000 square foot two-building development will include 136 residential units along with retail space and parking for 142 cars.. An expansive half-acre courtyard will connect the parcels along First, Hurley, and Charles Street providing green space for residents and the neighborhood.  Construction of the complex is expected to be completed in 2021. 

Tocci Selected by Urban Spaces as Builder for Kendall East Tocci is teaming up with Urban Spaces and Perkins Eastman Architects to build a mixed-used development in Cambridge, MA.  Following the demolition of several connected commercial buildings, construction has officially begun on Kendall East, the 211,000 SF, two-building development featuring both residential units and retail space. Construction of the complex is expected to be completed in 2021.  When completed, the development will be comprised of two wood frame buildings: one four-story and one six-story, constructed over steel and concrete podium. This tight urban worksite, which encompasses 97-111 First Street, 18 Hurley Street, and 21-29 Charles Street, is a short walk to Kendall Square, Lechmere Station, and Cambridge Crossing. The cumulative 136 apartments will be a mix of studio, one, two, and three-bedroom units, with 16 designated as affordable. The residential structure on First Street will feature five levels of housing, 118 luxury apartment units, and a rooftop deck. Balconies will be included on 28 of the units and two units will also feature patio spaces. The second structure at 22 Hurley Street will include 18 residential units over four stories. Eight units will have balconies and outdoor patio space will be available to all tenants.  The buildings will share two levels of below-grade parking consisting of 142 spaces and an additional 159 bicycle spaces. An expansive half acre courtyard will join the parcels, providing green space and stadium seating for the neighborhood. The development will also include a bike and pedestrian mid-block connector linking Charles and Hurley Street.  “We’re pleased to build this great project on a demanding site with an excellent architect and engineering team.  Kendall East is the centerpiece of Urban Spaces’s First Street Corridor development and sets the benchmark for Cambridge’s renewal of First Street.  Tocci is honored to be building with Urban Spaces,” said John Tocci, CEO of Tocci Construction Corporation. “With office and lab space in Kendall Square and East Cambridge nearly at full occupancy, the demand for apartments in East Cambridge has never been greater,” said Paul Ognibene, CEO of Urban Spaces. “In addition to the housing and retail, Kendall East will be providing beautiful green space to the evolving First Street Corridor.” With a blend of residential, retail, and open space, this development is adding vitality to the one mile stretch between the Lechmere MBTA station and Kendall Square, the heart of the Cambridge life science market.   

Demo Wrapping Up to Make Way for Kendall East Demolition is nearly complete on Parcel B of the First Street development in East Cambridge. Once demo is complete, a new mixed-use complex, Kendall East is set to be constructed on the site. In total Kendall East will include 136 units along with 14,800 square feet of retail space between two buildings. The larger of the two buildings will include 118 luxury apartments and the 14,800 square feet of ground-floor retail. A smaller 18 unit building will be built on the adjacent parcel. The two buildings will share a two-level underground garage with 142 parking and 159 bicycle spaces that will be built underneath a half acre open-air green space. Construction is expected to be completed in 2020. Kendall East is a vital component of the First Street Corridor, a $275 million development that along with the proposed redevelopment of Cambridgeside will enhance the streetscape between Kendall Square, Lechmere, and Cambridge Crossing. 

Urban Spaces Set to Break Ground on Kendall East Mixed-Use Apartment Complex Urban Spaces, a Cambridge-based commercial real estate development company that focuses on mid-sized, transit-oriented projects, will begin demolition next week on its former headquarters to make way for Kendall East, a mixed-use apartment complex comprised of 136 units and 14,800 square feet of retail. The site, which encompasses 99-119 First Street, 18 Hurley Street, and 29 Charles Street, is located across from CambridgeSide, a mixed-use one million square foot shopping center, located within a short walking distance to Kendall Square, Lechmere Station, and Cambridge Crossing. Designed by award-winning architectural firm Perkins Eastman, Kendall East is set to begin demolition next week and begin construction of the new buildings in April. The larger of the two pet-friendly buildings in the complex will include 118 luxury apartments above 14,800 square feet of ground floor retail and 23 surface parking spaces to support retail. This parcel was once home to interconnected office and retail buildings (including the Urban Spaces headquarters and Petco). An additional 18 residential units will be built on the adjacent parcel. The two buildings will share a two-level underground garage with 142 parking and 159 bicycle spaces that will be built underneath a half acre open-air green space. The space will include a bike and pedestrian path that will connect Charles and Hurley Street. Construction is expected to be completed in 2020. “With office and lab space in Kendall Square and the First Street Corridor nearly at full occupancy and Cambridge Crossing signing leases with Sanofi and Phillips for over a million square feet, the demand for luxury apartments in East Cambridge has never been greater,” said Paul Ognibene, CEO of Urban Spaces. “In addition to the housing and neighborhood retail, Kendall East will be providing beautiful green space to the evolving First Street Corridor.” The complex will be comprised of a four-story and a six-story wood frame building constructed over steel and concrete podium. The 136 apartments will be a mix of studio, one, two, and three-bedroom units, with 16 designated as affordable. Apartment rental service Zumper’s Boston Metro Report for January 2019 rated Cambridge as the most expensive Massachusetts city to rent in, affirming the high demand of the Cambridge rental market. Kendall East is an integral component of the First Street Corridor, a $275 million development that is adding much-needed vitality to the approximately one mile stretch between the Lechmere MBTA station and Kendall Square – the heart of the Cambridge life science and technology hub – with a blend of residential, retail, office, and open space. When completed, the development will add 53,000 square feet of office space, 50,000 square feet of retail, 250 parking spaces, and over 250 housing units to supply-constrained East Cambridge.