The Residences at Fairmount Station
Update
08/25/16
Fairmount Station transit-oriented development moves forward with project site acquisition and state funding
The Residences at Fairmount Station, a 27-unit mixed-income residential rental apartment building, took a step forward today with developers Southwest Boston Community Development Corporation and Traggorth Companies' acquisition of the approximately 1/2-acre project site, located next to the Fairmount commuter rail station in Hyde Park, for $700,000 as recorded in the Suffolk County Registry of Deeds. Community Economic Development Assistance Corporation provided a $240,000 mortgage towards the acquisition. Approved by the Boston Redevelopment Authority (BRA) in September 2014, The Residences at Fairmount Station was awarded funding earlier this month by the State of Massachusetts. The following is the deed for the developers' acquisition of the project site:
