Boston's Top New Construction Multifamily & Mixed-Use Buildings Update 02/09/21

Below are BLDUP's most active* Boston-area new construction multifamily and mixed-use buildings as of January 2021. All of these buildings are either under review, approved, under construction or recently completed. Each building contains either apartments or condominiums; a number of buildings are mixed-use and contain retail space.

*Most active based on page traffic


1. South Boston Power Plant

South Boston, Boston, MA

Project opening: TBD


An approved 1.68 million square foot, 15-acre mixed-use development featuring 1,344 residential units, 860,000 square feet of office and R&D space, a 231-key hotel, and 80,000 square feet of retail and restaurant space, in addition to 1,214 above-and-below-grade parking spaces. Hilco Global won approval at January's BPDA meeting with praise for the project from MA Congressman Stephen Lynch. Learn more >>>

2. Union Square Development (USQ)

Union Square, Somerville, MA

Project opening: TBD

Development of the 2.4 million square foot USQ project has kicked off in Somerville with the sale of 10 Prospect Street and 20-50 Prospect Street. Union Square Station Associates have secured construction financing through Bank OZK totaling $239,200,000 for both 10 & 50 Prospect Street. A building permit for foundational work and a retaining wall was also issued for 50 Prospect Street, beginning the development of a 700,000 SF mixed-use tower within the Union Square redevelopment project. Situated across 15.7-acres the project will feature a mix of uses including biotech, lab, office, residential and retail space. Learn more >>>

3. 201 Rutherford Ave

Charlestown, Boston, MA

Project opening: TBD

New England Development proposes a 46,407 SF redevelopment of an undeveloped portion of the Bunker Hill Mall. The proposed development consists of approximately 240 residential units together with residential amenities, and a parking garage. Learn More >>>

4. Raffles Back Bay

Back Bay, Boston, MA

Project Opening: 2022

Projected to open in 2022, Raffles Boston Back Bay Hotel & Residences is a 33-story, $400 million+ project and it will be the first mixed-use property in North America for the world-renowned and iconic hospitality brand. In January, 150 concrete trucks from Suffolk Construction assembled to pour Raffles Boston's 7-foot thick mat slab, which comprises 6 million pounds of concrete and 13 miles of rebar. The concrete structural core and columns that will form the building’s above-ground structure will sit on this seven-foot thick concrete mat slab. Learn more >>>

5. Green District Development

Marlborough, MA

Project opening: TBD

An approved two-phase 475-unit development project in Marlborough, Marlborough City Council gave Post Road Residential official approval to construct a mixed-use residential development near I-495. The 49-acre site - spanning Marlborough and neighboring Southborough - was sold by Boston Properties to Rockport Group for $14,250,000 in two transactions that included a $5,900,000 mortgage from Bank of New England and will feature 475 residential units across 5-story buildings in the new "Green District." Learn more >>>

6. The Pinnacle at Central Wharf

Downtown Boston, MA

Project opening: TBD

The Chiofaro Company has filed the project notification form for the Harbor Garage Tower, now dubbed The Pinnacle at Central Wharf. Plans call for a 600-foot tower to feature 865,00 square feet of mixed-use space. The project would include approximately 200 rental units on the highest floors over 538,000 square feet of office space. The first 2 floors of the building would also offer 42,000 square feet of retail/restaurant space. Additionally, a below-grade garage will include space for 1,100 vehicles. Learn more >>>

7. Broadstone Middlesex

Billerica, MA

Project opening: 2021

An upcoming five-story mixed-use building which will contain 211 residential units and 2,750 square feet of commercial space. Exterior work wrapped up in January for the 5-story mixed-use project, Broadstone Middlesex, in Billerica. Learn more >>>

8. Woburn Village

Woburn, MA

Project opening: TBD

Construction continues on Woburn Village off Mishawum Avenue in Woburn. Several retail outlets have already opened, including a Panera Bread and DSW Shoe Warehouse. The approved redevelopment of the 23-acre mall parcel at the intersection of I-95/Route 126 and I-93 in Woburn will feature 175,000 SF of retail space, a new movie theatre, and 350 Avalon Woburn apartments. Learn more >>>

9. Mosaic Lynn

Lynn, MA

Project opening: TBD

An approved 146-unit mixed-use development currently under construction in Lynn. The Procopio Companies secured $32,064,955 in construction loans from Berkshire Bank for the construction of Mosaic Lynn. Learn more >>>

10. One Charlestown

Charlestown, Boston, MA

Project opening: TBD

An approved 3.3 million square foot redevelopment of the existing 27.24-acre, 1,100-unit Bunker Hill public housing project into 2,699 mixed-income residential units with a neighborhood retail component. The BPDA has officially approved the 3.3 million square foot redevelopment of the existing 27.24-acre, 1,100-unit Bunker Hill public housing project into 2,699 mixed-income residential units with a neighborhood retail component.

All 42 existing Bunker Hill housing buildings, dating to 1941, would be demolished and replaced with 16 new buildings consisting of apartment and duplex unit formats along with 2 parking garages and around 70,000 square feet of retail and community space. Learn more >>>


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