BLDUP Newsletter

The Ipswich - 2 Charlesgate West Update 04/22/19

Scape Acquires Fenway Property for $39 Million

Scape has acquired the property at 2 Charlesgate West for $39 million.

2 Charlesgate West was a proposed 29-story, 340-foot tall mixed-use tower that would contain up to 343,819 sqft of gross floor area including 10,000 sqft of retail. In April 2019, Scape acquired the property from Trans National and has not released any immediate plans for the site. 

Trans National's defunct plans for the tower were to include approximately 295 residential units including studio, one-bedroom, two-bedroom, and three-bedroom units with rental apartments on lower floors and ownership condominiums on upper floors. Resident amenities would include a fitness center, a show kitchen, a dining room, a library and landscaped outdoor terraces with outdoor grills and dining space.

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