The Brookliner
Update
02/06/20
Brookline Development Site Acquired for $16.78 Million
Washington Square Ventures has acquired the development site at 5 Washington Street in Brookline/Brighton for $16.78 million.
The development will bring a five-story residential building with 108 rental units and 12,500 square feet of ground-floor retail to Brighton. In response to community feedback, the project increased the proposed number of affordable units. Eighteen units will be income-restricted, represented 16.4 percent of the total project. The project will set aside 1,000 square feet of retail for a local business at a discounted rate.