The Freeport Update 01/23/19
Navem Partners Acquire South Boston Development for $14 Million
Navem Partners have acquired the property at 270 Dorchester Avenue in South Boston for $14 million.
The approved development calls for a six-story mixed-use LEED Silver-certifiable building located steps to the Broadway rapid transit station. The Chandlery will feature 114 middle-income residential units, including 20 studios, 73 one bedrooms, and 21 two-bedrooms. 20 units will be designated affordable. Approximately 6,590 square feet of retail space will be located across the building’s first two levels. Resident amenities will include a communal rooftop deck with sweeping Boston skyline and harbor views. A sun-bathed landscaped public courtyard will be located on-site fronting B Street.