Park 77 Update 09/20/18

Park 77 Refinanced for $27 Million

The Developers Abode Z + Acorn Holdings have refinanced their development at 75 New Street in Cambridge for $27 million via Digital Federal Credit Union.  The project is currently under construction with foundation work nearly complete. 

The four-level complex will house 97 1-2 bedroom units and an underground parking garage including 108 bicycle spaces. A roof deck will also be a part of the amenities here. This Phase II project calls for the reuse of the existing curb and sharing of the existing driveway of sister development Park 87.

Phil Terzis with Acron Holdings told BLDUP via email they expect the project to be completed in Fall 2019.

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