Project Progress: Foundation Construction

  • 287 maverick street
General Contractors Alaris Construction LLC
Developers MG2 Group

About 287 Maverick St

East Boston, Boston, MA

The project will construct a five-story, mixed-use building with 37 homeownership condominium units, five income-restricted units, 2,180 square feet of retail space, 30 off-street vehicle parking spaces, and at least 38 on-site bicycle storage spaces. 

The 37 residential units are expected to consist of two studio units, 10 one-bedroom units, and 25 two-bedroom units. 

Construction Cost $8,244,000.00
Acquisition Cost $3,150,000.00
Square Feet 43,830
Sector

Housing

Retail

Stories 5
Height (feet) 60
Start Date Oct 08, 2019
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Latest Updates


287 maverick december

Dec 07, 2019

Foundation Work Underway at 287 Maverick St. in East Boston

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287 maverick street

Oct 08, 2019

Building Permit Issued for 287 Maverick in East Boston

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287 maverick street

Nov 21, 2018

MG2 Group has secured $14.63 million in construction financing via Northern Bank & Trust for...

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287 maverick

Nov 08, 2018

Demo Permit App Filed for 287 Maverick Street in East Boston

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287 maverick street

Jul 25, 2018

Boston-based, MG2 Group, has acquired the property at 287 Maverick Street in East Boston for...

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287 maverick street

May 18, 2018

287 Maverick Street to revitalize former industrial site, yield 38 new residential units, five IDP...

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