Hanover Alewife Update 03/30/16

Ashton Cambridge upper floors rising swiftly


The development project at 130 CambridgePark Drive has a new name: Ashton Cambridge. The Hanover Company, developer of Ashton apartment buildings across the nation, closed on the acquisition of the fully-permitted Ashton Cambridge site in November 2014 for $9 million. Developer The McKinnon Company guided the Ashton Cambridge project through approvals under Equity Office's former site ownership.


The Hanover Company is Ashton Cambridge's developer and construction manager. Ashton Cambridge's ground floor foundation is nearly complete, and upper floors are rising swiftly:


   

   


Walls are being built to create the building's residential units; the second floor is nearly complete:


   


Ashton Cambridge will be six stories tall. Residents at Ashton Cambridge will enjoy sweeping views of the Boston skyline:


   


New photographs of Ashton Cambridge are posted above. Additional project information, including architectural renderings, is posted below.


The following is the deed for the sale of the Ashton Cambridge site to The Hanover Company in November 2014:


   


The Hanover Company also owns the fully permitted 88 CambridgePark Drive project site. Equity Office also sold 88 CambridgePark Drive to The Hanover Company. Construction of 88 CambridgePark Drive has not yet begun.

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