Old Colony Phase III
Update
08/09/19
Affordable Housing Development Financed for $47.05 Million
The Old Colony Phase III affordable housing development in South Boston has been financed for $47,051,153 via Mass Housing, Boston Housing Authority, and BlueHub Capital.
Phase Three of the redevelopment of the Old Colony Housing Development in South Boston. Plans call for the demo of the eight existing residential buildings comprised of 250 units to make room for four new buildings to feature 301 units. The construction of the new apartments that will be undertaken in three sub-phases. The new four-story residential buildings will contain a total of approximately 347,000 gross square feet. All buildings will have townhouse-style direct entry apartments on the first floor.
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